The first monthly enhanced child tax credit payment has landed, but some families are now opting out. Here's how to decide whether it makes sense for you.
Within days of President Biden signing the stimulus bill into law, many Americans have been delighted to see bank accounts showing $1,400 deposits already pending.
The huge spending bill Congress passed last month included aid to rural hospitals, training for new doctors, new rules regarding mental health coverage and requirements for billing transparency.
Stocks reversed Tuesday's losses amid word that the Trump administration was considering stand-alone bills to aid airlines and small businesses. The president had called off talks on a relief bill.
Forecasters say the government's aggressive efforts to curtail the spread of the virus will trigger the sharpest slowdown on record. Some see the economy shrinking a staggering 24%.
The $1 trillion stimulus package proposed by the Trump administration is unusual in that it would give Americans more spending money, even as many spending outlets have been closed by the pandemic.
President Obama came into office hailed as the "Great Communicator," but when it came to explaining the $780 billion stimulus, he came up short, setting up a pattern that would repeat.