The Fiscal Times

The Next Steps for Biden’s Stimulus Plan

The new administration and new Congress in Washington are quickly running into the same old debates about Covid relief. President Joe Biden has called for a $1.9 trillion pandemic aid package, but...
Biden Signs 17 Executive Actions on Day 1, With Promise of More to Come

President Biden signed a flurry of executive orders just hours after taking the oath of office on Wednesday, hastening to enact his agenda to address the coronavirus pandemic and to reverse Trump...
The Economy Biden Inherits in 3 Key Charts

President Joe Biden inherits an economy suffering from the effects of a pandemic that’s still causing enormous pain throughout the country. While the economy has made a comeback in some areas since...

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...
Trump Impeached Again: What's Next?

The House on Wednesday impeached President Trump for the second time in 13 months, this time for “incitement of insurrection” for his role in trying to overturn the results of the election and...