The Fiscal Times |

Poll of the Day: About Those $600 Checks

Most Americans say the coronavirus stimulus money currently being disbursed by the U.S. Treasury won’t last more than a few weeks, according to a new survey from the personal finance website Bankrate...
Biden Could Drive Millions More Into Obamacare Exchanges

President-elect Biden’s proposed $1.9 trillion stimulus package includes a provision that could result in millions more people signing up for health insurance through the Obamacare marketplaces,...
Why Biden’s Ambitious Covid Relief Plan Could Get Cut in Half

President-elect Joe Biden’s plan to “rescue” the American economy proposes $1.9 trillion in federal spending to fund a national vaccine program, boost unemployment benefits, provide additional direct...

Orszag, Rubin and Stiglitz Call for a New Fiscal Framework

The consensus on the dangers of rising debt has shifted dramatically over the last decade. Economists have been reexamining how best to spur recovery and encourage wider-spread prosperity as...
Will the New Congress Do Anything to Lower Drug Prices?

More than 100 pharmaceutical companies raised the prices of 636 drugs in the first week of January, according to the advocacy group Patients for Affordable Drugs . The vast majority of the price...
Biden Unveils $1.9 Trillion ‘American Rescue Plan’

President-elect Joe Biden on Thursday unveiled an economic relief package that calls for $1.9 trillion in aid, including money for $1,400 direct payments to most Americans as well as $350 billion in...
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...