The White House previously estimated that 5 million children would benefit from universal pre-K, and the average family would save $13,000.
While there's bipartisan backing for bills that would contribute another $60 billion to the Restaurant Revitalization Fund, the future is uncertain.
After talks collapsed with Republican Sen. Capito, Biden is turning to a new bipartisan working group that includes Joe Manchin and Mitt Romney.
The White House is shifting its tone on stimulus unemployment aid as the economy picks up more jobs and Republicans step up their attacks.
Psaki alluded to a cash benefit families can start tapping in July. The GOP has argued that federal aid is keeping unemployed people on the sidelines.
The latest plan is unlikely to satisfy the White House and Democrats, who are seeking robust new spending on healthcare and education.
The president has installed a diverse team to push forward his business and economic agenda, which includes tackling entrenched inequities
Increasing inflation and a stronger global economy are going to push down the value of the US dollar. This is good news for some US business.
The proposal from Massachusetts Rep. Richard Neal would also make permanent a $300 monthly check program for parents from the Democratic stimulus law.
A key tool to provide jobless aid to long-term unemployed people is broken, causing some laid-off workers to have their benefits yanked.
The package may come in at $600 billion to $800 billion and would likely avoid hiking taxes on corporations or undoing much of Trump's 2017 tax cuts.
News
2021-04-10T13:20:00Z
The year 2021 saw a number of major events, like the Capitol riot, the Texas winter storm, and Kim Kardashian filing for divorce from Kanye West.
Merrill Lynch says the uncertainty over how long highly inflationary policies will be tolerated will remain a source of volatility for the next year.
In this week's "Ask a Financial Planner" column, we answer a question from a single mother: How do I make sure I get the child tax credit payments?
The Senate approved a PPP extension, which would give struggling business owners another two months to apply for relief.
The Senate passed a PPP extension on March 25, which would give struggling business owners another two months to apply for relief.
JPMorgan notes that investments in riskier market areas like bitcoin and tech stocks have been less pronounced during this round of stimulus.
Democrats may bypass the GOP to enact a follow-up infrastructure and jobs package through reconciliation, the procedure used for the Biden stimulus.
GOP Sen. Pat Toomey said debt collectors had every right to collect money owed, thwarting a Democratic effort to stop that.
Recently, President Joe Biden said that Americans earning above $400,000 would experience a "small to significant" tax increase.