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If there's a recession, don't count on the government to come to the rescue with stimulus checks and boosted unemployment benefits
The government unleashed stimulus in each of the last three recessions. With inflation at four-deca…
Ben Winck,Joseph Zeballos-Roig  Â
Hundreds of thousands of Americans have signed a petition calling for $2,000 monthly stimulus checks in the wake of the Delta variant
So far there have been three stimulus checks. It's unclear whether there will be a fourth, but the …
Yelena Dzhanova  Â
Stimulus checks spurred nearly 50% declines in pandemic-era food shortages and financial worries, study shows
The checks' deliveries even coincided with improved mental health, with recipients reporting drops …
Ben Winck  Â
It's 'the hungriest summer in recent history' after Washington cut off stimulus and inflation rages on
Americans are getting back to work and even securing higher wages, but inflation and government aid…
Jason Lalljee  Â
Biden is splitting with Obama on the economy and the proof is in their stimulus plans
"This is just incredibly different," said Obama DOL veteran Heidi Shierholz. "If my 2010 self could…
Ben Winck,Juliana Kaplan  Â
Over 156 million stimulus checks have gone out from the latest stimulus - fulfilling a key 100-day goal for Biden ahead of schedule
Roughly 25 million direct payments went out in the latest batch, the IRS said, amounting to $372 bi…
Ben Winck  Â
Four states dole out direct payments to residents as fourth stimulus check remains unlikely
Four states - California, Florida, New Mexico, Tennessee - have allocated funds to provide direct p…
Yelena Dzhanova  Â
Biden's $1.9 trillion stimulus could drastically cut poverty, studies say
Two studies found the stimulus could halve child and shrink poverty rates in 2021 by a third, but a…
Juliana Kaplan  Â
The $5 trillion in pandemic-era stimulus is more than triple Great Recession-era aid - and suggests a permanent shift in the way Congress spends
The $2.2 trillion CARES Act and President Donald Trump's $1.9 trillion tax cut also signify Congres…
Ben Winck  Â
7 ways America's economy could change forever under Biden, from a top economics professor
Biden's spending plans suggest economic policy will now focus more on maximum employment and less o…
Ben Winck  Â
Pelosi scraps new coronavirus aid from government funding bill after Democrats revolt over states losing Biden stimulus cash
Democrats were forced to eject $15 billion in new coronavirus relief funding after a last-minute bl…
Joseph Zeballos-Roig  Â
Top House Democrat unveils plan to establish universal paid family and medical leave programs
The proposal from Massachusetts Rep. Richard Neal would also make permanent a $300 monthly check pr…
Joseph Zeballos-Roig  Â
Almost half of Americans used the $1,400 stimulus checks to pay off debt
Former Fed economist Claudia Sahm recently published a paper looking at how the third round of stim…
Madison Hoff  Â
The stimulus-plan compromise backed by top Democrats scraps a fresh wave of $1,200 direct payments that economists want
A group of 127 economists said in a late-November letter that the absence of new payments could pro…
Ben Winck,Joseph Zeballos-Roig  Â
The government is sending up to $300 monthly checks to families with kids starting today. Democrats want to make it permanent as a new form of Social Security.
The Biden stimulus benefit is the US's inaugural version of guaranteed income geared to children. M…
Joseph Zeballos-Roig  Â
Americans have saved $1.6 trillion since the pandemic began. 3 shocking facts show how big that is.
Americans are ready to spend, signaling a coming economic boom, with $1.6 trillion in savings more …
Hillary Hoffower  Â
Wall Street is beginning to say stimulus probably won't spark dangerous inflation
Joe Biden's stimulus will likely lift inflation, but a larger increase is likely needed to hit the …
Ben Winck,Nick Lichtenberg  Â
Americans are using a record-low portion of their disposable income to pay down debt
The level of household income being used to service debt just hit a record low, the Federal Reserve…
Joseph Zeballos-Roig,Andy Kie…  Â
The most effective stimulus bill will boost unemployment benefits and PPP in order to drive economic growth, JPMorgan says
PPP loans were fairly ineffective earlier in the year, but vaccine rollouts can transform the progr…
Ben Winck  Â
Laid-off workers are scoring early wins in lawsuits against GOP governors attempting to cut off federal jobless aid
Jobless workers in Indiana and Maryland temporarily won back federal unemployment - but the victori…