The Fiscal Times |

Pelosi Floats Stimulus Idea That Would Benefit High Earners

House Speaker Nancy Pelosi has floated another suggestion for the next round of fiscal stimulus: A retroactive rollback of the 2017 Republican tax law’s limit on state and local tax deductions. In an...
Trump's ‘Big & Bold’ Idea for the Next Stimulus Bill

As lawmakers set their sights on a fiscal stimulus plan to follow their $2 trillion coronavirus relief package, President Trump on Tuesday said that a $2 trillion infrastructure program should be...
Chart of the Day: The Massive Response to the Coronavirus

The world has never seen anything like the current fiscal and monetary response to the coronavirus epidemic, says Gavyn Davies of the Financial Times, and the U.S. taking some of the most aggressive...

What’s After the $2 Trillion Rescue? Pelosi Plans a Big Stimulus

President Trump signed a $2 trillion coronavirus relief bill into law on Friday — the largest such package in U.S. history. Now, officials are already looking ahead to the next phase of emergency...
Insurance Rates Could Spike 40% Next Year: Report

The coronavirus pandemic could cost commercial insurers in the U.S. anywhere from $34 billion to $251 billion, and possibly more, according to a new analysis by Covered California, which runs that...
What Takes So Long? A Behind-the-Scenes Look at the Steps Involved in Covid-19 Testing

After a slow start, testing for COVID-19 has ramped up in recent weeks, with giant commercial labs jumping into the effort, drive-up testing sites established in some places and new types of tests...
Trump Orders GM to Produce Ventilators

President Trump invoked the Defense Production Act Friday to force General Motors to start producing ventilators. In a presidential memorandum directed at just one company, Trump authorized the...
After Late Drama, House Passes — and Trump Signs — $2 Trillion Coronavirus Bill

The House of Representatives approved a massive, $2 trillion coronavirus relief package and President Trump signed it into law Friday afternoon, but not without some late drama that threatened to...