Covid-19 Stimulus, Vaccinations Likely Spurred March Retail Sales Surge
U.S. shoppers likely boosted retail spending sharply in March as federal-stimulus funds made their way to households, warmer weather set…
Child Tax Credit: Stimulus-enhanced child tax credits should start flowing in July, IRS chief says
“We fully expect to launch in July. We expect to launch with payments going out on a monthly basis,” Rettig…
U.S. Budget Deficit Widened 454% in March as Latest Stimulus Money Flowed
The U.S. federal budget deficit widened 454% in March from a year earlier, as the government issued a third round…
Jill Biden Details Stimulus Funding to Fight Child Poverty
BIRMINGHAM, Al. — When a group of senior West Wing officials recently met to discuss how to communicate the particulars…
All that stimulus is sending inflation higher
The question on everyone’s mind remains: Is inflation a temporary sugar rush from stimulus or is it here to stay?…
Stimulus checks: What to do if you haven’t gotten your payment
Early in the pandemic, the IRS created a simple online form to allow low-income people who aren’t usually required to…
Stimulus checks: Americans are saving, rather than spending, their payments
On average, households are using or intending to use 34% to pay down debt and saving 42% of the stimulus…
Stimulus payments: More money is on the way for people who lost their jobs last year
The original payments were based on 2018 or 2019 tax returns. That means people who earned less in 2020 could…
Affordable Care Act: New stimulus subsidies start April 1
However, those who are out of work likely won’t be able to sign up for the $0 premium coverage called…
Social Security Recipients’ Stimulus Payments Coming by Next Week, Treasury Says
WASHINGTON—The next big chunk of stimulus payments—for Social Security beneficiaries—should reach bank accounts by next week, the Treasury Department said…