Unlike the CARES Act, which passed Congress in March with bipartisan support to deliver $2 trillion in economic relief to the country, this time Republicans...
The Republican version of the Coronavirus Aid, Relief and Economic Security Act (CARES Act) 4.0, has been hammered out. U.S. Treasury Steven Mnuchin told CNBC...
The GOP is considering a reduced level of extra unemployment benefits through the end of the year, with only $100 extra per week as opposed...
The Internal Revenue Service (IRS) and the Treasury Department have collected around 70 percent of the $1.6 billion they sent to deceased Americans by accident...
Time is running out for Democrats and Republicans to agree on the next stimulus package, as portions of the CARES Act are set to expire...
The number of personal bankruptcy filings, one indicator of the American consumer’s financial health, fell to the lowest level in 15 years from April through...
According to a recent National Bureau of Economic Research (NBER) survey, two-thirds of unemployed workers in the U.S. after the CARES Act could have received...
The COVID-19 economic crisis seems to be exposing gaping holes in the U.S safety net. A case in point: some 12.9 million Americans are collecting...