Government Spending

A $483 billion coronavirus aid package flew through the Senate on Tuesday after Congress and the White House reached a deal to replenish a small business payroll fund and provided new money for hospitals and testing.

As Bitcoin does better than both U.S. and world stocks during the coronavirus pandemic, investors are ascribing its performance to the chance of quick returns as the stimulus measures wash into markets.

Senate Democratic Leader Chuck Schumer said he believes a fourth coronavirus spending bill will pass the Senate Tuesday afternoon.

The $350 billion approved by Congress in late March evaporated in less than two weeks.

Republicans and Democrats are at an impasse over the Paycheck Protection Program.

Companies that received money include a number of publicly traded companies with thousands of employees and hundreds of millions of dollars in annual sales.

The U.S. Treasury and Small Business Administration are seeking additional funding from Congress for the programs providing loans to small businesses impacted by the coronavirus pandemic.

Both Democrats and Republicans want to add $250 billion to the small-business aid program, but have been sparring for days over whether to add restrictions to the funds.

The company, like so many others, had to curtail operations at locations across the nation to limit the economic fallout created by the pandemic.

FOX Business' Stuart Varney during his latest "My Take” argues by holding China accountable, the U.S. is "exercising its economic clout."

The United States racked up a $744 billion budget deficit in the first half of fiscal 2020, up 8% from a year earlier, the Treasury said on Friday, ahead of an expected April spending explosion and withering of revenues amid the coronavirus pandemic.

Amtrak said last week that daily ridership was down 96% and future bookings were 95% lower.

White House economic adviser Larry Kudlow said he’s hoping loans for small businesses will help the U.S. economy “reopen” from the coronavirus pandemic contraction in just a matter of weeks.

The president said he would support “reducing it a lot” as part of an infrastructure package.

White House officials have also discussed pitching a waiver that would clear businesses of liability from workers who contract COVID-19.

Many Americans stuck at home aren't able to shop online with food stamps.

A top official at the U.S. Federal Reserve said on Sunday the $2.3 trillion economic relief bill approved by Congress was appropriately sized and that a further relief effort may not be needed

The launch of the small business bailout fund has been rocky since it opened on Friday morning.

FOX Business' Stuart Varney during his latest "My Take” argues Speaker Pelosi's coronavirus oversight is designed to make "corporations, banks, and the president look bad right before the election."

The U.S. is experiencing a bipartisan push to spend its way out of the coronavirus, FOX Business’ Stuart Varney argues in his latest "My Take."