Firms with troubled pasts got millions in PPP small-business aid
The government pushed to quickly lend more than $650 billion to businesses of all sorts based on an honor system that took companies’ claims at face value and offered the promise of loan forgiveness.
Extra $600 in unemployment benefits boosted US economy, study finds
The sweetened benefits are set to expire next week and the typical unemployment check, which varies by state, will return to below $400 per week.
Mnuchin suggests automatic forgiveness of smallest PPP loans
Mnuchin appeared to back a proposal from U.S. banks and others who have said the massive lending program should see loans under $150,000 automatically turned into grants.
Pelosi says $1.3T for next coronavirus relief package 'not enough'
Some Trump administration officials are concerned that if the aid package is worth more than $1 trillion, the White House risks losing pivotal support from fiscally conservative Senate Republicans who are starting to balk at the unprecedented debt and spending levels.
How the CARES Act changed deductions for charitable gifts
The $2.2 trillion CARES Act passed by Congress in March provided a slew of relief options to American workers and businesses, including tax benefits for donating to charity.
Are police in America militarized?
Some heavy-handed tactics by police during protests over the death of George Floyd have put the militarization of police back in the spotlight.
‘Massive’ unemployment fraud enterprise targeting expanded benefits busted in Maryland
Thieves allegedly made fraudulent claims totaling more than $500 million.
Congressional 'Pig Book' reveals billions in pork-barrel spending
There are 274 earmarks included in the 2020 Pig Book, down from last year, but at a higher, record-setting cost.
Paycheck Protection Program hit some of its mark, but missed the most vulnerable
The PPP appears to have thrown a critical safety net under U.S. middle and upper-middle-wage jobs, but it faltered when it comes to lower-paying positions
What does 'defund the police' really mean?
The idea of defunding the police has been around for decades, but the movement picked up steam as protests erupted nationwide following George Floyd’s death while in the custody of Minneapolis police in May.
What happens if I owe money on my taxes but don’t pay?
You could have an underpayment on your hands, which means you owe the IRS money, and soon.
Boeing awarded nearly $23B Air Force contract for F-15EX fighter jet program
The Air Force has given Boeing nearly $1.2 billion for its first delivery order of eight F-15EXs as well as for support and one-time, upfront engineering costs.
Trump holds roundtable with Americans helped by police amid protests
President Donald Trump held a roundtable discussion Monday with Americans who have been helped by law enforcement amid nationwide protests to reform police departments.
Small town mayor reboots local currency to kick start regional recovery
Local businesses across Tenino, Washington, accept the 'wooden dollars.'
US budget deficit hit record-shattering $864B in June
The gap between what the government spent and what it collected was more than 107 times what it was last June.
The IRS wants taxpayers to claim $1.5B in unclaimed refunds -- but there's less than 1 week to do it
According to the IRS, there are $1.5 billion worth of unclaimed refunds from the 2016 tax year. And the bad news is, if that money isn't claimed by July 15, 2020, it's gone for good.
Here’s what Trump’s back-to-work bonus could look like
The administration confirmed a bonus for returning to work is under consideration.
Millions in PPP aid given to traffic camera companies linked to corruption scandals
Companies that contract with major U.S. cities to provide red lights and other traffic enforcement cameras reaped millions in taxpayer-funded aid
What are payroll taxes, and who pays them?
All employees and employers pay a 6.2 percent payroll tax on wages capped out at $137,700.
Catholic Church won $1.4B in taxpayer-funded coronavirus aid
The church’s haul may have reached -- or even exceeded -- $3.5 billion, making a global religious institution with more than a billion followers among the biggest winners in the U.S. government’s pandemic relief efforts.


















