Money and Policy

President Biden's coronavirus aid proposal would allocate nearly $130 billion toward reopening the nation's schools.

Some Americans should consider filing their 2020 tax return as soon as possible in order to collect a bigger stimulus check. Here's why.

The Internal Revenue Service said this week that it has finished issuing stimulus checks to all of the eligible taxpayers that it has on file.

Rep. Alexandria Ocasio-Cortez criticized President Biden after he shot down a proposal from progressive Democrats to eliminate $50,000 in student loan debt.

More than one-third of Americans expect to save — not spend — the $1,400 stimulus check that President Biden is urging Congress to pass.

Millions of out-of-work Americans who collected unemployment benefits last year as a result of the coronavirus pandemic could be in for an unpleasant surprise with tax season officially open. 

More than 11 million Americans are at risk of losing their unemployment benefits in mid-March if Congress does not pass another relief package before then, according to a new report published this week. 

The House Ways and Means Committee advanced key portions of President Biden's coronavirus relief bill, including the third round of $1,400 payments and a major expansion of the Child Tax Credit.

House Democrats unveiled a proposal this week to overhaul the long-standing Child Tax Credit, calling for more generous payments as part of a broader coronavirus relief effort.

House Democrats rejected a push from some of the party's centrist members to sharply curtail which Americans will receive a third stimulus check. 

President Biden on Tuesday said he supported a proposal from House Democrats that would send $1,400 stimulus checks to Americans earning up to $75,000 annually.

The U.S. budget deficit soared in January as Congress approved another massive coronavirus relief bill that sent direct aid to Americans still reeling from the pandemic, the Congressional Budget Office said this week.

The coronavirus relief package unveiled by House Democrats on Monday includes a major expansion of the Affordable Care Act that would boost premium subsidies already offered under the Obama-era health care law and increase their availability.

President Biden and Treasury Secretary Janet Yellen will meet with some of the nation's top chief executives including JPMorgan Chase's Jamie Dimon and Walmart's Doug McMillon on Tuesday to drum up support for his nearly $2 trillion coronavirus relief package. 

House Democrats are plowing ahead with a coronavirus relief package that would keep the existing income limits for the third stimulus check, while narrowing eligibility for higher-income Americans.  

New data shows how recipients of the $600 stimulus checks distributed at the beginning of January spent the money.

Without a fresh round of COVID-19 aid from the federal government, about a third of the nation's pandemic-stricken small businesses are warning they won't be able to survive.