IRS risks ‘catastrophic breakdown’ without funding to upgrade IT
Watchdog says agency needs more than $2 billion.
Amtrak furloughing 2,000 workers
Amtrak will furlough more than 2,000 workers as a result of the steep decline in travel demand from the coronavirus pandemic.
Majority of stimulus funds sent to dead people have been recovered, Treasury says
The Treasury Department said it has reclaimed a majority of the more than $1 billion worth of economic impact payments that were sent to dead people.
Democrats' breathtaking hypocrisy on taxes and your wallet
Democrats were FOR the payroll tax cut (under Obama) before they were against it (under Trump).
Florida neighbors sought $1.1M in coronavirus relief by pretending to be farmers: feds
A pair of neighbors in Florida is accused of working together to commit an estimated $1.1 million in novel coronavirus-relief fraud by falsely claiming they were farmers, officials recently announced.
Nearly half of USPS employees had ‘unauthorized overtime’ last year, report finds
Watchdog group questions $521.6 million in overtime costs incurred during fiscal 2019.
Moderna says COVID-19 vaccine shows signs of working in older adults
Moderna said that its experimental coronavirus vaccine induced immune responses in people aged 56 years and older, a promising sign for a vulnerable age group.
Permanent payroll tax cut could deplete Social Security funds by 2023: Goss
Trump has indicated that he wants to pursue a sweeping elimination of the tax next year.
Biden will have to raise middle-class taxes to fund spending 'dreams': Kudlow
Democratic presidential nominee Joe Biden will not be able to afford his "unbelievable dreams of government spending" without raising taxes on the middle class, White House economic adviser Larry Kudlow said Tuesday.
'Opportunity zones' drew $75B in private investment in 2 years: White House
An Opportunity Zone is an “economically distressed community” where private investments can get special tax treatments.
21 arrested in $250K coronavirus unemployment fraud scheme using California inmates' information
So far, police have discovered more than $250,000 in illegitimate payments and have recovered $150,000 in cash.
Joe Biden's $7 trillion spending proposal: What's in it?
Joe Biden wants the federal government to spend close to $7 trillion more over the next decade on issues like health care, housing and climate change.
Trump rejects Pentagon proposal to cut funding for US military health care
The plan would have cut funding by billions of dollars, the president said.
USPS by the numbers: Agency heading for insolvency in late 2021
The current controversy over the U.S. Postal Service's lack of resources and Postmaster General Louis DeJoy's cost-cutting measures are based on suspicion that service changes are meant to impair mail-in voting, but the USPS 2019 annual report to Congress shows that in reality, they are nearly at the point of insolvency.
2020 Democratic Convention will be all about economic takeover
The Democratic Party is moving further and further left.
South Dakota turns down extra $300-a-week unemployment benefits from Trump administration
South Dakota Gov. Kristi Noem rejected the federal government's offer of an additional $300 in weekly unemployment benefits and touted her state's economic recovery amid the coronavirus pandemic.
Storm-ravaged Iowa requesting federal help after farms destroyed, power lost
A land hurricane devastated Iowa earlier this week, and now the state is asking for federal assistance to help communities recover.
US budget deficit swells to record $2.81T in 10 months
In July, the gap between what the government spent and what it collected hit $62.9 billion, well below the $864 billion recorded in June.
U.S. Postal Service to award $6.3B contract for new mail truck this year. See the finalists
Will replace the iconic Long LIfe Vehicle
Trump's $400 unemployment extension sparks pushback from Cuomo, Newsom
The Trump administration appears to have walked back its plan to require states to chip in for enhanced unemployment benefits after outcry from governors, including Gavin Newsom of California, Andrew Cuomo of New York and Arkansas' Asa Hutchinson.



















