Money

Families are using the child tax credit to pay off debt, Census Bureau finds

Eligible households have been using the monthly payment to supplement household spending and pay off debt, data shows. But the future of the child tax credit hangs in the balance as the Biden administration struggles to pass the Build Back Better bill, which would extend the benefit through 2022.

Democrats look to salvage wreckage of Biden's spending plan in 2022

Democrats are kicking off the new year with hopes of salvaging the fragments of President Biden's signature economic spending plan, just weeks after key moderate Sen. Joe Manchin thrashed the party's hopes of passing the massive social spending and climate bill.

Biden to target meatpacking giants over surging inflation

President Biden on Monday will roll out a new plan to target a handful of meatpacking companies that control the bulk of the nation's supply, months after his administration accused the conglomerates of facilitating anti-competitive behavior that has caused meat and poultry prices to skyrocket.