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SECURITYTHE DEBT
President Biden’s budget request for fiscal year 2020 projects a $1.8 trillion deficit next year and annual shortfalls of more than $1.3 trillion over the rest of the next decade. BIDEN'S FIRST BUDGET: THE NUMBERS YOU NEED TO KNOW The White House on Friday released President Joe Biden’s budget request for 2022, detailing proposals to invest in areas such as infrastructure, education THE AVERAGE AMERICAN WILL PAY $525,000 IN TAXES OVER THEIR The average American will pay $525,037 in taxes over their lifetime, according to a new study by financial technology company Self. The report says that represents an average of WHITE HOUSE SAYS GOP GOVERNORS ARE CUTTING OFF JOBLESS A top economic adviser to President Biden said Thursday that Republican governors were being premature in cutting enhanced unemployment benefits provided as STATES LINE UP FOR $350 BILLION IN FEDERAL AID The U.S Treasury on Monday began to accept applications from state and local governments for the use of $350 billion in federal aid, money COULD DEMOCRATS BLOW UP BIDEN’S TAX PLANS? As President Joe Biden works to court lawmakers and win support for his $4 trillion in tax and spending proposals, most of the speculation has been about whether he THE FISCAL TIMESFREE NEWSLETTERBUDGETTAXESHEALTH CARESOCIALSECURITYTHE DEBT
President Biden’s budget request for fiscal year 2020 projects a $1.8 trillion deficit next year and annual shortfalls of more than $1.3 trillion over the rest of the next decade. BIDEN'S FIRST BUDGET: THE NUMBERS YOU NEED TO KNOW The White House on Friday released President Joe Biden’s budget request for 2022, detailing proposals to invest in areas such as infrastructure, education THE AVERAGE AMERICAN WILL PAY $525,000 IN TAXES OVER THEIR The average American will pay $525,037 in taxes over their lifetime, according to a new study by financial technology company Self. The report says that represents an average of WHITE HOUSE SAYS GOP GOVERNORS ARE CUTTING OFF JOBLESS A top economic adviser to President Biden said Thursday that Republican governors were being premature in cutting enhanced unemployment benefits provided as STATES LINE UP FOR $350 BILLION IN FEDERAL AID The U.S Treasury on Monday began to accept applications from state and local governments for the use of $350 billion in federal aid, money COULD DEMOCRATS BLOW UP BIDEN’S TAX PLANS? As President Joe Biden works to court lawmakers and win support for his $4 trillion in tax and spending proposals, most of the speculation has been about whether he SOCIAL SECURITY LESS DAMAGED BY COVID RECESSION THAN 1 day ago · As the Covid crisis took hold in early 2020, budget experts worried that rapidly disappearing jobs and plummeting tax receipts would put a serious dent in Social Security’s finances. But BIDEN RETURNS $2 BILLION IN TRUMP BORDER WALL MONEY TO 1 day ago · The Biden administration returned $2 billion to the Defense Department that had been redirected by former President Donald Trump to fund border wall BIDEN RETURNS $2 BILLION IN TRUMP BORDER WALL MONEY TO 20 hours ago · Biden Returns $2 Billion in Trump Border Wall Money to Pentagon The Biden administration returned $2 billion to the Defense Department that had been redirected by former President DonaldTrump to
JOB OPENINGS RISE TO RECORD HIGH The number of job openings in the U.S. economy soared to 9.3 million in April, up from 8.2 million in March, the Labor Department announcedTuesday. In
SENATE INFRASTRUCTURE DEAL FACES QUESTIONS FROM BIDEN 1 day ago · The White House said Thursday evening that it had been briefed on the infrastructure agreement emerging from a bipartisan group of 10 senators but OBAMACARE COVERAGE HITS RECORD HIGH OF 31 MILLION About 31 million people get their health insurance through pathways established by the Affordable Care Act, the Department of Health and Human Services announced Saturday. That’s a BIPARTISAN SENATE GROUP REACHES INFRASTRUCTURE DEAL 1 day ago · Republican senators involved in bipartisan infrastructure talks said Thursday that they had reached agreement on a plan that would spend a fraction of the roughly $4 trillion proposedby President
BIDEN PULLS THE PLUG ON INFRASTRUCTURE TALKS WITH CAPITO President Joe Biden on Tuesday cut off stalled infrastructure talks with Senate Republicans after the two sides failed to reach agreement on the appropriate size of a spending package or how to BIDEN EYES A MAJOR CHANGE IN THE ESTATE TAX President Biden is expected to propose two changes to the tax code affecting wealthy households that together could generate hundreds of billions of dollars in revenues over 10 years. BIDEN LANDS A MAJOR TAX DEAL Biden, Yellen Notch a Win in Push for Historic Global Tax Deal Finance leaders from the G7 group of advanced economies said Saturday thatthey had
THE FISCAL TIMESFREE NEWSLETTERBUDGETTAXESHEALTH CARESOCIALSECURITYTHE DEBT
23 States Cutting Off Enhanced Unemployment Benefits Early. Florida is the 23 rd state to announce that it is ending the $300 per week boost to unemployment benefits provided by the federal THE AVERAGE AMERICAN WILL PAY $525,000 IN TAXES OVER THEIR The average American will pay $525,037 in taxes over their lifetime, according to a new study by financial technology company Self. The report says that represents an average of WHITE HOUSE SAYS GOP GOVERNORS ARE CUTTING OFF JOBLESS White House Says GOP Governors Are Cutting Off Jobless Benefits Too Quickly. A top economic adviser to President Biden said Thursday that Republican governors were STATES LINE UP FOR $350 BILLION IN FEDERAL AID The U.S Treasury on Monday began to accept applications from state and local governments for the use of $350 billion in federal aid, money COULD DEMOCRATS BLOW UP BIDEN’S TAX PLANS? Sen. Joe Manchin (D-WV) and other moderate Democrats have already pushed back on Biden’s plan to raise the corporate tax rate from 21%to 28%,
BIDEN EYES A MAJOR CHANGE IN THE ESTATE TAX Biden Eyes a Major Change in the Estate Tax. President Biden is expected to propose two changes to the tax code affecting wealthy households that together could generate hundreds of TAX CHEATS COST THE US $1 TRILLION A YEAR, IRS CHIEF SAYS The IRS estimates that it could see a return of $5 to $7 for every $1 increase in its enforcement budget. President Joe Biden has askedCongress to
ISIS’S 10 MOST EXTREME ACTS OF TERROR 6: They burn pilots in cages. In early January ISIS burned alive a captured Jordanian pilot by locking him in a cage, dousing him with an inflammable liquid and setting him afire – videotaping WHICH FORMER PRESIDENT COSTS US THE MOST? The president’s fiscal 2017 budget requested an increase to $3.865 million to cover the costs of adding Obama as a former president. Ofthe former
WHY YOUR $20 BILL COULD BE WORTH THOUSANDS Why Your $20 Bill Could Be Worth Thousands. Your money could be worth more than you think, thanks to eight tiny numbers. Most people don'teven
THE FISCAL TIMESFREE NEWSLETTERBUDGETTAXESHEALTH CARESOCIALSECURITYTHE DEBT
23 States Cutting Off Enhanced Unemployment Benefits Early. Florida is the 23 rd state to announce that it is ending the $300 per week boost to unemployment benefits provided by the federal THE AVERAGE AMERICAN WILL PAY $525,000 IN TAXES OVER THEIR The average American will pay $525,037 in taxes over their lifetime, according to a new study by financial technology company Self. The report says that represents an average of WHITE HOUSE SAYS GOP GOVERNORS ARE CUTTING OFF JOBLESS White House Says GOP Governors Are Cutting Off Jobless Benefits Too Quickly. A top economic adviser to President Biden said Thursday that Republican governors were STATES LINE UP FOR $350 BILLION IN FEDERAL AID The U.S Treasury on Monday began to accept applications from state and local governments for the use of $350 billion in federal aid, money COULD DEMOCRATS BLOW UP BIDEN’S TAX PLANS? Sen. Joe Manchin (D-WV) and other moderate Democrats have already pushed back on Biden’s plan to raise the corporate tax rate from 21%to 28%,
BIDEN EYES A MAJOR CHANGE IN THE ESTATE TAX Biden Eyes a Major Change in the Estate Tax. President Biden is expected to propose two changes to the tax code affecting wealthy households that together could generate hundreds of TAX CHEATS COST THE US $1 TRILLION A YEAR, IRS CHIEF SAYS The IRS estimates that it could see a return of $5 to $7 for every $1 increase in its enforcement budget. President Joe Biden has askedCongress to
ISIS’S 10 MOST EXTREME ACTS OF TERROR 6: They burn pilots in cages. In early January ISIS burned alive a captured Jordanian pilot by locking him in a cage, dousing him with an inflammable liquid and setting him afire – videotaping WHICH FORMER PRESIDENT COSTS US THE MOST? The president’s fiscal 2017 budget requested an increase to $3.865 million to cover the costs of adding Obama as a former president. Ofthe former
WHY YOUR $20 BILL COULD BE WORTH THOUSANDS Why Your $20 Bill Could Be Worth Thousands. Your money could be worth more than you think, thanks to eight tiny numbers. Most people don'teven
TAX GAP WILL TOTAL $7 TRILLION OVER NEXT DECADE, TREASURY 19 hours ago · The gap between what Americans owe and what the IRS collects is only getting bigger, with lost revenues totaling trillions of dollars over the next BIPARTISAN SENATE GROUP REACHES INFRASTRUCTURE DEAL 19 hours ago · Republican senators involved in bipartisan infrastructure talks said Thursday that they had reached agreement on a plan that would spend a fraction of the roughly $4 trillion proposedby President
OBAMACARE COVERAGE HITS RECORD HIGH OF 31 MILLION About 31 million people get their health insurance through pathways established by the Affordable Care Act, the Department of Health and Human Services announced Saturday. That’s a BIPARTISAN GROUPS IN SENATE AND HOUSE STILL TRYING TO 1 day ago · Now that President Biden has cut off infrastructure talks with a group of Senate Republicans led by Sen. Shelley Moore Capito (R-WV), the immediate focus will shift to a bipartisan group of NEW ALZHEIMER’S DRUG COULD COST MEDICARE BILLIONS 19 hours ago · The Food and Drug Administration’s decision this week to approve a new Alzheimer’s drug for the first time in nearly 20 years was highly anticipated — and highly questioned. It’s also JOB OPENINGS RISE TO RECORD HIGH The number of job openings in the U.S. economy soared to 9.3 million in April, up from 8.2 million in March, the Labor Department announcedTuesday. In
WHITE HOUSE OUTLINES 3 PATHS FORWARD ON INFRASTRUCTURE The White House on Monday outlined a number of possible paths toward passing infrastructure legislation. White House Press Secretary Jen Psaki told reporters Monday that President Biden would be BIDEN'S FIRST BUDGET: THE NUMBERS YOU NEED TO KNOW The White House on Friday released President Joe Biden’s budget request for 2022, detailing proposals to invest in areas such as infrastructure, education BIDEN PULLS THE PLUG ON INFRASTRUCTURE TALKS WITH CAPITO President Joe Biden on Tuesday cut off stalled infrastructure talks with Senate Republicans after the two sides failed to reach agreement on the appropriate size of a spending package or how to BIDEN PLAN WOULD CUT TAXES FOR MOST AMERICANS: ANALYSIS 1 day ago · Biden Tax Plan Would Take From the Rich, Give to the Poor, Analysis Finds Federal income taxes would rise significantly for high-income households under policies proposed by Skip to main content__
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LATEST NEWSLETTERS
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PELOSI: AMERICANS NEED ANOTHER MASSIVE AID PACKAGE*
10 MILLION JOBS LOST, AND MILLIONS MORE TO COME*
TRUMP'S ‘BIG & BOLD’ IDEA FOR THE NEXT STIMULUS*
PELOSI EYES ANOTHER MASSIVE CORONAVIRUS BILL*
AFTER LATE DRAMA, TRUMP SIGNS $2 TRILLION CORONAVIRUS BILL*
WHAT’S IN THE $2 TRILLION CORONAVIRUS RELIEF DEAL*
THE LARGEST AID PACKAGE IN US HISTORY*
SENATE FAILS AGAIN ON CORONAVIRUS RELIEF BILL*
A CORONAVIRUS DEPRESSION??*
SENATE ROLLS OUT MASSIVE CORONAVIRUS STIMULUS PLAN*
CASH FOR EVERYONE? CONGRESS EYES CORONAVIRUS PAYMENTS*
TRUMP WANTS A $1 TRILLION CORONAVIRUS STIMULUS*
TRUMP DECLARES CORONAVIRUS NATIONAL EMERGENCY*
PELOSI AND MNUCHIN RACE FOR A CORONAVIRUS AID DEAL*
Pelosi: Americans Need Another Massive Aid Package*
Pelosi: Americans Need Another Massive Aid Package*
Pelosi: Americans Need Another Massive Aid Package*
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SMALL BUSINESSES SCRAMBLE TO GET THEIR SHARE OF $350 BILLION INFEDERAL AID
10 MILLION JOBS LOST, AND MILLIONS MORE TO COME POLL OF THE DAY: A PANDEMIC-DRIVEN PICKUP IN SUPPORT FOR ‘MEDICAREFOR ALL’
SECOND CORONAVIRUS RELIEF PACKAGE WILL COST $192 BILLION: CBONEWSLETTER
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STATES PREPARE FOR CORONAVIRUS FISCAL STORM State budgets will be crushed by the coronavirus crisis as millions of workers and businesses stop paying taxes, says Josh Goodman of Pew Charitable Trusts. But state officials are going to have to...*
PELOSI ANNOUNCES COMMITTEE TO OVERSEE CORONAVIRUS FUNDS House Speaker Nancy Pelosi on Thursday announced the creation of a special bipartisan committee to oversee the Trump administration’s coronavirus response and its handling of the $2 trillion economic...*
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EVERYONE IN THE UNITED STATES SHOULD BUY THIS FACE MASK NOWBy Smart Ideas
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THE SCRAMBLE IS ON TO SEND MILLIONS OF CORONAVIRUS CHECKS Congress last week approved legislation to send millions of Americans coronavirus relief payments and Treasury Secretary Steven Mnuchin said Sunday that the money would start arriving “within three...*
ABOUT THAT INFRASTRUCTURE PACKAGE ... House Speaker Nancy Pelosi said Wednesday that the next phase of coronavirus stimulus legislation should include at least $760 billion over five years for water projects, broadband and transportation...*
TRUMP WILL NOT REOPEN OBAMACARE EXCHANGES President Trump has decided not to reopen the state-level health insurance exchanges run by the federal government, a White House aide said Tuesday. No reason for the decision was given, Politico...*
ECONOMIC OUTLOOK HAS GROWN EVEN DARKER, GOLDMAN SACHS SAYS The economy is expected to shrink at an annualized rate of 34% in the second quarter this year, according to the latest estimate from economists at Goldman Sachs. The new analysis paints a darker...*
PELOSI FLOATS STIMULUS IDEA THAT WOULD BENEFIT HIGH EARNERS House Speaker Nancy Pelosi has floated another suggestion for the next round of fiscal stimulus: A retroactive rollback of the 2017 Republican tax law’s limit on state and local tax deductions. Inan...
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TRUMP'S ‘BIG & BOLD’ IDEA FOR THE NEXT STIMULUS BILL As lawmakers set their sights on a fiscal stimulus plan to follow their $2 trillion coronavirus relief package, President Trump on Tuesday said that a $2 trillion infrastructure program should be...* Show more
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