Skyrocketing debt, higher borrowing costs, and a hobbled economy are predicted in the latest Congressional Budget Office report.
Is it too much to ask for a presidential candidate who cares about America's fiscal health and respects the limits of his office?
Research suggests reducing spending will boost consumption in the short- and long-run.
The postal service stands to lose $13 billion this year. But this is an ongoing trend, not a new problem created by the coronavirus pandemic.
Plus: Uber, Lyft threaten to suspend California operations following court decision; New Zealand reimposes lockdown measures in response to new COVID-19 cases; and Kamala Harris's hawkish foreign policy
The Next Coronavirus Stimulus Plan: More Spending, Smaller Unemployment Benefits, and Tax Breaks for Going Out To Eat
Senate Republicans announced Monday that the federal government will pay an additional $200 per week in unemployment benefits. The $600 per week benefits boost will expire on July 31.
The summer of 2020 got a lot crappier over the weekend, according to the Reason Roundtable podcast.
Rand Paul on Republican Plans for Another Coronavirus Stimulus Bill: 'They Simply Don't Care About the Debt'
Congress is currently debating what should be included in the next trillion-dollar (and counting) stimulus bill, but nothing is likely to pass this week.
Trump Administration Data Claims Coronavirus Relief Program Saved Tens of Thousands of Jobs That Probably Don't Exist
White House brags about the supposed success of the coronavirus relief program are based on shoddy data.
Did Trump's Coronavirus Stimulus Save 51 Million Jobs? The Claim Relies on Shaky Math and Questionable Economics.
Even if it's true, taxpayers paid $58,000 for each saved job.
Get ready for more pain caused by COVID-19 as well as by the policies intended to hold it in check.
As much as $1.4 billion might have been paid to deceased Americans. The IRS says that money must be returned.
Treasury Secretary Steve Mnuchin says that information is confidential. Government watchdogs say that excuse is bogus.
The Next Coronavirus Stimulus Bill Is Here. It's a $3 Trillion Spending Plan That Bails Out States and the Post Office.
The new bill includes another round of stimulus checks for all Americans, funds additional coronavirus testing, and spends billions to bail out states and government agencies straining under pension debt.
The libertarian-leaning congressman says the Paycheck Protection Program for small businesses discriminates against those that most need it.
The Next Stimulus: Infrastructure Week, Another Rural Broadband Boondoggle, and Maybe a Sports Bailout?
It's obvious that there will be more government spending in response to the coronavirus, but distinguishing the essential from the nice-to-have is more important than ever.
Senate Approves Fourth Round of Coronavirus Spending: $484 Billion for Small Businesses, Testing, Hospitals
The deal primarily sets aside $320 billion for the Paycheck Protection Program for small businesses.
He has no colleagues or staff, but he's supposed to provide oversight on $454 billion in coronavirus spending—nearly equal to the annual budget for Medicare.
And more coronavirus stimulus spending could send that number soaring higher.
Unclear terms, unrealistic loan forgiveness, a site unprepared for launch, and a bottomless demand for cash
The last time we sent this much money to the Kennedy Center, it was for a pair of Hamilton tickets.
The Club for Growth prides itself on holding lawmakers accountable "by publicizing their voting record." Except, well…not right now.
Plus: COVID-19 in prisons and jails, Trump campaign threatens TV stations, state disparities in new coronavirus cases, and more...
Lawmakers, White House Finalize $2 Trillion Coronavirus Stimulus: 'The Largest Main Street Financial Package' in U.S. History
The package doubled in cost over the course of the negotiations.
"Americans need fast, direct relief," says Justin Amash.
Lawmakers are still seeking a compromise.
The new plan seeks to help an economy decimated by the coronavirus.
The NYU Law professor thinks we're in for a mess of bad epidemiology, ineffective stimulus, and misguided quarantines.
The worst-case scenarios projecting millions of deaths don't take into account adaptive behaviors.
The package seeks to curb the economic chaos caused by COVID-19.
The Mercatus economist on why the private sector could provide the best response to the coronavirus, why the government should go big anyway, and how the current crisis could help America reinvent itself.
Congress and the White House Are Inching Closer to a 'Helicopter Money' Response to Coronavirus Crisis
In the past, the federal government has sent everyone checks to stimulate the economy. But paying for all the losses that come with a coronavirus-induced shutdown would require more novel policies.
Is a new stimulus package the right response to a pandemic?
Plus: How Trump's payroll tax would work, Daily Show accuses Kamala Harris of "gaslighting," and more..
If it works at all (and it usually doesn't), a fiscal stimulus is meant to boost demand. The biggest potential economic problem from coronavirus has to do with supply.
Was Obama a 'Great' President? Listen to Matt Welch Defeat Jonathan Chait in a Debate at the SoHo Forum
Topics covered include foreign policy, stimulus, Obamacare, climate policy, and more.
Progressives and the failure of massive government spending to boost jobs and economic growth
He won't have his massive spending plans outdone by Hillary Clinton.
Job growth in a depressed city was a key motivation behind new pipeline.
The new water system was never a cost-cutting measure. It was an expensive jobs project.