Money and Policy

The plan, introduced last week by Senate Finance Chairman Ron Wyden and Senate Budget Chairman Bernie Sanders, included tax penalties on large corporations that fail to pay $15 an hour and incentives for the "smallest of small businesses" to encourage them to raise their wages.

The $1.9 trillion coronavirus relief bill passed by the House early Saturday includes more than $100 million for a public transit expansion in California -- over the objections of some Republicans.

Congressional Democrats are plowing ahead with passing a nearly $2 trillion coronavirus relief bill that could provide a substantial financial boost to some American families. 

President Biden's $1.9 trillion coronavirus relief bill could automatically trigger billions of dollars in cuts to Medicare and other federal programs, according to new findings published by the Congressional Budget Office.

A massive coronavirus relief bill that Democrats plan to pass on a party-line vote includes millions of dollars for a taxpayer-funded nonprofit group with a scandal-ridden history. 

Progressives are threatening to withhold support for the COVID relief package if the measure doesn't include a long-sought minimum wage increase. 

With millions around the country calling for a $15 minimum wage, small business owners fear their businesses will be crippled while minimum wage workers have hope for better days ahead.

Harvard economist Kenneth Rogoff says Biden's stimulus relief package has "a lot of spending in it."

Republican Sen. Rand Paul of Kentucky and Rep. Joe Wilson of South Carolina on Wednesday reintroduced the National Right to Work Act.

Sen. Josh Hawley unveiled a new proposal on Wednesday that would use taxpayer money to increase the income of low-earning Americans.

House Democrats are barreling forward with passing a nearly $2 trillion coronavirus relief bill that includes a grab bag of provisions seemingly unrelated to the tandem health and economic crises.

Red states that chose to keep their economies open are being "punished" under the $1.9 trillion coronavirus aid package pushed by President Biden, Sen. Cynthia Lummis told Fox News.

The Biden administration announced several changes to the Paycheck Protection Program this week, more strictly limiting which small businesses are eligible to receive forgivable loans through the federal rescue fund. 

California lawmakers on Monday approved $600 stimulus checks for state residents, including illgeal iimmigrants.

Google, Microsoft, Amazon, Apple and Facebook made up the biggest source of donations to Democrat Joe Biden among corporate employees.