Government Spending

The coronavirus pandemic continues to hit the U.S. Postal Service hard, as the beleaguered agency already reported a $2.2 billion loss from March to June.

Some 16 Republican senators on Wednesday threw their support behind a proposal by several airline unions to extend a payroll support program to avoid airline worker layoffs.  

Not only will there be a deal, but it will contain all kinds of spending that have nothing to do with the virus.

Trump said Wednesday that he has the "absolute right" to suspend payroll taxes without congressional approval.

Anti-abortion centers received at least $4 million in forgivable federal loans when the government issued its first coronavirus bailout, a report said Monday.

Pittsburgh Mayor Bill Peduto announced that his city is now participating in a program launched by Twitter CEO Jack Dorsey, in which eligible residents will receive $500 in monthly "guaranteed income."

House Speaker Nancy Pelosi said the two sides can't even agree on the basics.

Congress for the past several months has been unable to reach an accord for a next round of coronavirus relief.

Congressional negotiations over the next round of coronavirus relief funding are stalled despite sweeping agreement between Republicans and Democrats that additional aid is needed.

A bipartisan group of senators is hoping the relief package will include a controversial proposal to fix diminishing funds for Social Security, Medicare and the nation's highways. 

Unemployment benefits have run dry for ride-share drivers and demand for rides still remains low. The coronavirus continues to test the waters for gig workers who struggle to remain afloat.

Kodak, which is based in Rochester, New York, will receive a $765 million dollar loan under the Defense Production Act.

Lawmakers are discussing proposals to allow some borrowers to take out a second forgivable loan.

It's been reported that Social Security won't bring in enough money to sustain its current payout level. What would this actually look like for the typical retired worker?

Moderna Inc received an additional $472 million from the U.S. government that funds-disease fighting technology.

Treasury Secretary Steven Mnuchin told "Fox News Sunday" that a Republican version of a coronavirus Phase 4 stimulus bill will be introduced Monday.

An estimated $26 billion in CARES Act unemployment benefit funds will be lost to fraud, new research shows.

Former Google CEO Eric Schmidt is leading an initiative to launch a federally funded tech college to train future civil servants.

The SBA has disbursed $518 billion in aid to date, meaning that each job supported by PPP money cost about $224,000, the researchers estimated.

Pharma execs said during a Tuesday briefing that pressure to develop a vaccine quickly will not result in lower regulatory standards.