COVID-19 and the Economy

Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of U.S. budget deficits.

President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy.

During his announcement of the “American Rescue Plan,” President-elect Joe Biden pushed for the minimum wage in the United States to be raised to at least $15 an hour.

The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.

On Monday, Biden maintained that getting money into the hands of Americans is a top priority when he takes office.

Senate Democrats plan to make another coronavirus relief package — including sending an additional stimulus payment to many Americans — one of their top priorities for the year once they assume control of the chamber.

Sen. Joe Manchin (D-W.V.) told The Washington Post he would “absolutely not” support a bill to issue $2,000 stimulus checks.

If you see 'Payment #2 Status - Not Available,' you will not receive the $600 and must claim the 'Recovery Rebate Credit' on your 2020 tax return.

President Donald Trump’s push for bigger $2,000 COVID-19 relief checks has stalled out in the Republican-led Senate.

Individuals with direct deposit information on file with the IRS will receive their second stimulus check quicker.

Democrats led passage, 275-134, their majority favoring additional assistance. They had settled for smaller $600 payments in a compromise with Republicans over the big year-end relief bill Trump reluctantly signed into law.

Poverty in the United States has risen sharply in recent months amid the coronavirus pandemic, with 7.8 million Americans falling into poverty since the summer, according to new data released this month.

Sunday night, President Donald Trump signed the pandemic relief and government-funding measure that he called a disgrace.

Unemployment benefits for millions of Americans struggling to make ends meet were set to lapse at midnight Saturday night unless President Donald Trump signed an end-of-year COVID relief and spending bill that had been considered a done deal before his sudden objections.

House Republicans and Democrats Thursday blocked each others' "unanimous consent" requests put forward after President Trump aired grievances to the massive coronavirus stimulus and government funding package.