economic stimulus

President-elect Joe Biden is hoping to jump-start the economy with his sweeping $1.9 trillion American Rescue Plan. Morning Consult economist John Leer joined LX News to make a case for why it’s worth it for the U.S. government to pass a costly relief bill and avoid catastrophic long-term consequences of the pandemic.

Biden is calling for $1 trillion in direct relief to taxpayers, including increased stimulus checks and enhanced unemployment benefits, and more.

Washington leaders disagree whether $2,000 stimulus checks will really help those who need it most. Experts say these changes could better direct the money.

U.S. Treasury yields continued to climb on Tuesday morning, as traders eyed the possibility of further economic stimulus and the situation with U.S. politics.

Several tax preparation companies affected by the IRS stimulus check mix up say their customers can expect their payments starting Feb. 1.

For many in the U.S. who have been laid off, or had their hours drastically reduced as a result of the coronavirus pandemic, a stimulus check from the federal government will go toward paying off essential bills, like rent and utilities, or buying groceries.

CNBC Make It explains everything you need to know about the coronavirus stimulus checks, including who qualifies, when they’ll be sent and whether or not they’re taxed.

The Treasury Department announced Monday that around 4 million people that do not have their direct deposit information on file with the IRS will receive a prepaid debit card with their stimulus funds on it, instead of a paper check.

Most Americans will receive a coronavirus stimulus relief check based on their tax returns, but the IRS is urging certain groups who do not typically file taxes to do so as soon as they can in order to receive a payment.

Some people are throwing away their stimulus payments, not realizing that the Treasury Department is sending some in the form of a prepaid debit card.

The HEROES Act could provide some economic relief at a time when almost 37 million Americans have lost their jobs due to the coronavirus and many others are facing reduced hours, loss of health insurance and other economic nightmares.

More than 25 million people are currently receiving enhanced UI payments. Without it, their weekly checks will drop by about two-thirds, to $383 per week on average, according to data from the U.S. Department of Labor. But that figure varies greatly by state.

Some 5.4 million Americans will be financially insolvent by the end of August if enhanced unemployment insurance is not renewed or they are unable to return to work, Morning Consult finds.

The Senate is officially adjourned through Labor Day despite not coming to an agreement on its next coronavirus stimulus package.

President Donald Trump signed an executive order to extend enhanced unemployment benefits at a reduced rate of $400 per week. But aides clarified this week that the order actually only guarantees $300 per week from the federal government.

President Trump signed four executive orders on Saturday granting Americans financial relief in a number of areas, however, the actions did not provide any funding for a second round of stimulus checks.

Millions of college students and other adult dependents did not receive a stimulus check under the CARES Act. The HEALS Act attempts to fix that.

Getting the coronavirus under control, like other countries around the world have, is the most important thing the government can do to help citizens and the economy.

Two proposals — one from the House, one from the Senate — take vastly different approaches to coronavirus stimulus.

While your $600 stimulus check may not be a substantial amount of money when it comes to investing, it can be a good starting point to get you into the market.