The Fiscal Times |

Unemployment Claims Surge Along With the Coronavirus

About 965,000 people filed initial jobless claims in state unemployment systems last week, the Department of Labor announced Thursday. The new filings far exceeded economists’ expectations,...
Taxpayer Advocate: The IRS Needs More Funding

National Taxpayer Advocate Erin Collins released her annual report to Congress Wednesday, and it came with a blunt message: Years of funding cuts have made it difficult for the nation’s tax and...
Democrats Plan a Major End Run Around the GOP

You’ll probably be hearing a lot about “budget reconciliation” in the coming weeks, as Democrats work to pass a substantial spending package in the early days of the Biden administration. The term...

America’s Infrastructure Gap to Hit $5.6 Trillion by 2039: Report

The gap between America’s projected infrastructure investment needs and its likely spending on those needs is projected to top $2.6 trillion by 2029 and more than $5.6 trillion by 2039, according to...
Trump Admin Makes Major Changes to Covid Vaccine Rollout

The Trump administration on Tuesday announced some major changes to its Covid-19 vaccine rollout strategy, saying it would release all available doses and calling on states to start vaccinating...
Trump Administration Hands Republicans a Big Win on Medicaid Funding

The Trump administration delivered a long-sought victory to Republicans late last week by approving a request from Tennessee to receive Medicaid funding as a block grant. As part of a 10-year “...
Trump Impeachment Could Delay Biden Stimulus

President-elect Joe Biden’s plan to pass a multi-trillion-dollar stimulus package in the early days of his administration could get caught up with the looming impeachment of President Trump. House...
Paycheck Protection Program Restarts

The Paycheck Protection Program reopened on Monday with $284 billion in funding authorized under the coronavirus relief package passed last month and revamped rules meant to get forgivable loans to...