Government Spending

Senate Democrats may rely on a powerful procedural tool to pass the $1.9 trillion measure using their slimmest-possible majority.  

The stock market is in a bubble that's being fueled by U.S. policy on coronavirus stimulus, Bank of America economists warned in a note to clients. 

A bipartisan group of senators balked at the size of President Biden's $1.9 trillion coronavirus relief proposal during a call with White House officials on Sunday, raising concerns that the measure provides too much money to high-income Americans. 

The Biden administration announced Friday that it will be increasing food stamp benefits for low-income Americans and raising the federal minimum wage to $15 per hour.

Republicans are pushing back against Biden’s $1.9 trillion stimulus bill that aims to give state and local governments a “budget bailout” from financial mismanagement in blue states. 

President Joe Biden will oversee an economy that is "in the late stage of an epic bubble," billionaire real estate developer Jeff Greene told “The Claman Countdown” Wednesday.

Yellen said during her confirmation hearing Tuesday that research suggests job losses from a $15 federal minimum wage are "very minimal, if anything."

BLS Investments chairman Bernard Schwartz is backing Joe Biden’s ability to reshape the economy and the country.

Biden has said he doesn't expect any major reductions in defense spending.

In the past four years, U.S. government debt held by the public has increased by $7 trillion to $21.6 trillion.

The inaugural committee is 'strongly encouraging' people not to attend the event in person.

All financial institutions with $1 billion or less in assets are able to reopen their PPP lending programs on Friday.

The money would be distributed on top of $600 checks, which have already been sent.

The cumulative U.S. deficit for the first three months of fiscal 2021, which started Oct. 1, reached $573 billion, up from $357 billion in the pre-pandemic year-earlier period.

In the spring some recipients mistook the payment for junk mail.

The Department of Labor's Office of the Inspector General estimates that at least $36 billion worth of unemployment payments expended as of Nov. 7 may have been invalid.

Here's why rising bond yields may not move too much higher.

Joe Biden's transition team has offered little more than what the president-elect has said in public statements and proposals.

The program is the latest effort by the local government to support businesses across the city.

The president's decision to sign the package into law will avert a government shutdown, restore unemployment benefits, stop evictions, provide rental assistance, add additional funding to the Small Business Administration's Paycheck Protection Program and invest in vaccine distribution, among other things.