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Pelosi: Americans Need Another Massive Aid Package

<p>Capital loss rules dictate that if you make a legitimate loan to someone with an official note, even if it’s your brother-in-law, you can write the money off if you don’t get paid back, up to $3,000 a year with a maximum of $10,000 total. Caveat: “If

Small Businesses Scramble to Get Their Share of $350 Billion in Federal Aid

FILE PHOTO: Signage is seen posted on the entrance of the New York State Department of Labor offices, which closed to the public due to the coronavirus disease (COVID-19) outbreak in the Brooklyn borough of New York City

10 Million Jobs Lost, and Millions More to Come

States Prepare for Coronavirus Fiscal Storm

Newsletter

  • Coronavirus Taskforce briefing at the White House

    The Scramble Is On to Send Millions of Coronavirus Checks

    Congress last week approved legislation to send millions of Americans coronavirus relief payments and Treasury Secretary Steven Mnuchin said Sunday that the money would start arriving “within three...

  • Work crews work to replace a bridge over the Massachusetts Turnpike in Boston

    About That Infrastructure Package ...

    House Speaker Nancy Pelosi said Wednesday that the next phase of coronavirus stimulus legislation should include at least $760 billion over five years for water projects, broadband and transportation...

  • The federal government forms for applying for health coverage are seen at a rally held by supporters of the Affordable Care Act, widely referred to as "Obamacare", outside the Jackson-Hinds Comprehensive Health Center in Jackson, Mississippi, U.S. on Octo

    Trump Will Not Reopen Obamacare Exchanges

    President Trump has decided not to reopen the state-level health insurance exchanges run by the federal government, a White House aide said Tuesday. No reason for the decision was given, Politico...

  • A <a href="http://www.rasmussenreports.com/public_content/business/indexes/rasmussen_consumer_index/rasmussen_consumer_index" target="_blank">recent poll</a> taken by Rasmussen found that 68 percent of Americans believe that we are actually in a recession

    Economic Outlook Has Grown Even Darker, Goldman Sachs Says

    The economy is expected to shrink at an annualized rate of 34% in the second quarter this year, according to the latest estimate from economists at Goldman Sachs. The new analysis paints a darker...

  • House Speaker Nancy Pelosi holds a weekly news conference on Capitol Hill in Washington

    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...