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Coronavirus Response Will Add $4 Trillion to US Debt, Goldman Sachs Says

Economists at Goldman Sachs say additional fiscal measures to support an economy battered by the coronavirus pandemic are likely to be necessary, and they expect those measures could add another $500...
Second Coronavirus Relief Package Will Cost $192 Billion: CBO

A little more than two weeks ago, Congress hurriedly passed the Families First Coronavirus Response Act intended to ease the burden of the coronavirus pandemic, with provisions that expanded paid...
Pelosi Announces Committee to Oversee Coronavirus Funds

House Speaker Nancy Pelosi on Thursday announced the creation of a special bipartisan committee to oversee the Trump administration’s coronavirus response and its handling of the $2 trillion economic...

10 Million Jobs Lost, and Millions More to Come

More than 6.6 million Americans applied for unemployment benefits last week as the coronavirus pandemic ground the economy to a halt, a staggering number that’s nearly double the record set the week...
Poll of the Day: A Pandemic-Driven Pickup in Support for ‘Medicare for All’

As the coronavirus sweeps across the country and ravages the U.S. economy, support for “Medicare for All” has risen to 55% of registered voters, its highest level in about nine months, according to a...
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...
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...
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...