Money and Policy

The City Council of St. Paul, Minn., voted to launch an experimental $1.5 million guaranteed income program for low-income families.

A congressional watchdog opened the door this week for Democrats to try to nullify IRS guidance implementing President Trump's executive action allowing companies to temporarily defer some employees' payroll taxes.

Wealthy New Yorkers should brace for tax hikes as the city grapples with one of the worst fiscal crises in nearly five decades, City Comptroller Scott Stringer said.

Americans who lost their jobs during the coronavirus pandemic could receive as much as $1,800 in unemployment benefits under an executive measure signed by President Trump.

It's tough to get your arms around this: The party of "working people" has just rejected more government help for working people.

Democratic presidential candidate Joe Biden has laid out a multitrillion-dollar spending plan that would raise taxes by $3.4 trillion over the next decade.

Many small businesses have opted to cut back on their use of independent workers.

Former Starbucks CEO Howard Schultz on Wednesday said he is "trying to be a voice" for struggling small business owners by supporting a Senate bill known as the RESTART Act.

White House economic advisor Larry Kudlow on Tuesday broke down the contents of Senate Majority Leader Mitch McConnell's coronavirus relief package.

President Trump took a victory lap on the nation's economic recovery from the coronavirus pandemic, touting it as the "fastest" in U.S. history.

President Trump signed an executive action on Aug. 8 partially restoring the just-lapsed $600-a-week unemployment supplement -- but the money may last for just a few weeks.

Democrats were FOR the payroll tax cut (under Obama) before they were against it (under Trump).