The already sputtering economic rebound went into reverse last month as employers laid off workers amid rising coronavirus cases and delayed government aid.U.S. employers cut 140,000 jobs in December, the […]
Federal Aid (US)
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Back to news homeEven With $900 Billion Stimulus, Biden Faces Fragile Economy
With his presidential inauguration just weeks away, Joseph R. Biden Jr. is confronting an economic crisis that is utterly unparalleled and yet eerily familiar.Millions of Americans are out of work, […]
FAFSA’s Expected Family Contribution Is Going Away. Good Riddance.
“The idea is that the university knows you well enough to expect something from you,” said Sara Goldrick-Rab, professor of sociology and medicine at Temple University and author of Paying […]
Kentucky Hurting While Awaiting Federal Pandemic Aid
In Perry County, Ky., the local government is cutting back on garbage pickup. Magoffin County is laying off public safety workers. And in Floyd County, where food pantries are reporting […]
Trump Signs Pandemic Relief Bill After Unemployment Aid Lapses
House Democrats plan on Monday to vote on legislation that would provide for $2,000 direct payments, with Speaker Nancy Pelosi saying Mr. Trump should “immediately call on congressional Republicans to […]
As Bills Pile Up, Many Anxiously Keep Tabs on the Stimulus Bill
“It’s the worst thing I could possibly imagine,” she said. “If you told me a year ago that the entire country would be suffering the way it is now, with […]
New Signs of Economic Distress Emerge as Trump Imperils Aid Deal
With the fate of a federal aid package suddenly thrown into doubt by President Trump, economic data on Wednesday showed why the help is so desperately needed.Personal income fell in […]
Coronavirus Deal Would Give Small Businesses a Shot at Second PPP Loan
The CARES Act designated up to $10,000 of each E.I.D.L. loan as an advance that lawmakers said would not have to be repaid. But the law required the advance to […]
Stimulus Deal Provides Economic Relief, for Now
The congressional agreement on Sunday on another dose of aid to fuel the slowing economic recovery has probably spared millions of Americans from a winter of poverty and kept the […]
Why Some States Are Seeing Higher Revenue Than Expected Amid Job Losses
As Congress has spent the last few weeks debating aid to state and local governments, a number of states have announced surprising news: Their finances no longer look quite as […]