The Fiscal Times

Eli Lilly Introduces Program to Lower Insulin Costs

Drug giant Eli Lilly said Tuesday that it is capping the out-of-pocket cost of its insulin at $35 a month to help patients who may face financial struggles as a result of the coronavirus pandemic...
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...
Small Businesses Scramble to Get Their Share of $350 Billion in Federal Aid

An aid program designed to help small businesses hurt by the coronavirus pandemic got off to a rough start Friday as banks struggled to implement the massive lending effort, a key part of the $2...

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...
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...
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...