Biden reportedly planning first major tax hike since 1993 in next economic package

The next spending initiative — which is expected to be even bigger, costing as much as $4 trillion — won't rely on just government debt as a funding source.

$1,400 stimulus checks can be seized by private collectors for unpaid debts

Debt collectors will be able to garnish the third round of cash payments that are expected to be delivered to Americans by the end of the month as part of Democrats' $1.9 trillion American Rescue Plan.

Layoffs ease as unemployment claims drop to 712,000

The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November.

House passes $1.9 trillion COVID-19 relief bill, Biden expected to sign on Friday

The House passed the $1.9 trillion COVID-19 relief bill, which includes $1,400 stimulus checks for many Americans. The bill now goes to President Joe Biden’s desk to be signed into law in his first major legislative win.

Senate approves $1.9T COVID-19 relief bill after all-night session

Senators worked through the night on the $1.9 trillion COVID-19 aid bill and have approved the package with a 50-49 vote. The bill is on track to pass in the House next week.

COVID-19 relief bill: Democrats strike deal on jobless benefits after logjam

Senate leaders and moderate Democratic Sen. Joe Manchin have struck a deal over emergency jobless benefits, breaking a nine-hour logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill.

In hopeful sign for economy, US adds 379,000 jobs in February

U.S. employers added a robust 379,000 jobs last month, the most since October and a sign that the economy is strengthening as confirmed viral cases drop, consumers spend more and states and cities ease business restrictions.

Senate GOP forces reading of 600-page COVID-19 relief bill aloud to delay vote

Senate Democrats looking to push the $.19 trillion COVID-19 relief bill through the upper chamber likely face mountains of GOP amendments and other delays that could take days to plow through.

Unemployment claims climb to 745,000; layoffs still high

The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving.

Fraud overwhelms pandemic-related unemployment programs

Massive fraud in the nation's unemployment system is raising alarms even as President Joe Biden and Congress prepare to pour hundreds of billions of dollars into expanded benefits.

Highlights of the COVID-19 relief bill passed by House lawmakers

The House passed a $1.9 trillion pandemic relief package early Saturday, 219-212, that includes $1,400 checks for most Americans and billions of dollars for schools, state and local governments and businesses. Here's a look at some highlights of the legislation.

House passes $1.9 trillion pandemic relief bill on near party-line vote, sends it to Senate

The House approved a $1.9 trillion pandemic relief bill early Saturday in a win for President Joe Biden, even as top Democrats tried assuring agitated progressives that they'd revive their derailed drive to boost the minimum wage.