Fiscal stimulus during the pandemic contributed to an increase in inflation of about 2.6 percentage points.
If lawmakers keep spending like they are, and if the Fed backs down from taming inflation, then the government may create a perfect storm.
Fintech platforms facilitated fraud in the Paycheck Protection Program, according to a new congressional report.
The G Word, a new documentary, only occasionally covers serious issues. But it opts not to do honest reporting.
A new report takes an illustrative look inside the Small Business Administration, which was clearly overwhelmed by the obligation to push unprecedented piles of money out the door quickly.
Even as gas prices continued to tumble, rising prices for food and housing pushed inflation higher in August and proved that prices aren't cooling off yet.
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Democrats passed trillions in pandemic relief but continue to cry poor.
The White House's latest attempt to scapegoat rising prices ignores everything that happened before the past three weeks.
Most of the $800 billion Paycheck Protection Program went to business owners, not preserving jobs, according to a new study.
"Obviously we could have used the money, but at what cost?,” says Sheila Hemphill, an activist and lobbyist from Brady, Texas
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Even the president's most entrenched political opposition cannot seem to find much to engage or enrage.
Senate Republicans Released a $928 Billion Infrastructure Plan. Biden Says It Still Doesn't Spend Enough.
For the president, the spending is the point.
The economic aid package paid people not to work. So it's no surprise that many aren't working.
A terrible, Tom Clancy-inspired action movie that ends in a lame speech touting war as economic stimulus.
As stimulus checks started landing in Americans' bank accounts, demand for medical marijuana went through the roof.
What does this have to do with the pandemic? Nothing.
The pandemic relief bill isn't just a one-time splurge. It's the start of a new era of federal spending.
More Checks Are Coming After Congress Passes $1.9 Trillion COVID-19 Bill That Has Little To Do With COVID-19
Some provisions provide direct aid. Others, not so much.
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The Senate is preparing to pass a $1.9 trillion COVID-19 relief bill that has very little to do with the pandemic, and we all know it. Congress should admit as much.
In the Name of Pandemic Relief, Biden Would Expand Obamacare Subsidies to Households Making $350,000 a Year
The health law made insurance more expensive, so Democrats are pushing to make subsidies bigger.
Rep. Peter Meijer has a plan to provide bigger stimulus checks to needy Americans while cutting extraneous elements from the Biden relief bill.
We have to stop governing by emergency.
The president keeps insisting on the urgency of $1.9 trillion in spending. But much of it would be spent on non-urgent policies unrelated to the pandemic.
A higher federal minimum would reduce employment and increase the deficit, according to a new nonpartisan government analysis.
Biden's recovery plan is a poorly targeted effort that would make the economy worse off in the long run.
The president has proposed spending $1.9 trillion on another pandemic relief bill. Moderate GOP senators are countering with a $600 billion plan of their own.
Biden's $1.9 Trillion COVID Relief Package Includes More Stimulus Checks, State Government Bailout, $15 Federal Minimum Wage
On the brighter side, Biden wants 100 million vaccinations in 100 days and will push for immediate school reopenings.
When one party controls both Congress and the White House, the result is never a reduction in the size or cost of government.
One of the underappreciated failures of the Trump presidency is his squandering of an incredibly rare opportunity to reset how Washington operates.
But they're almost certainly going to get some.
Trump Threatens to Sink COVID-19 Relief Bill Unless Congress Cuts Wasteful Spending, Spends More on $2,000 Stimulus Checks
"It truly is a disgrace," said Trump.
Even as the pandemic has exposed the desperate need for disruptions to the calcified public school system, Congress just voted to restrict some of the very creativity that's sorely needed.
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