stimulus

Even as President Donald Trump pushes out a payroll tax holiday via executive order, there’s no guarantee workers will pocket any money. Congress has been hashing out the details of the next coronavirus relief package, and lawmakers on both sides of the aisle have been cool to the payroll tax cut idea. Payroll taxes are shared by workers and...

The differences in Washington over the next coronavirus aid package are vast

Lawmakers announced their plan as the Legislature begins a five-week sprint to its Aug. 31 adjournment after having abandoned most of this year’s legislative session for fear of spreading the virus. Sen. Bob Hertzberg of Van Nuys, one of the lead proponents, said taxpayers could prepay their taxes for 2024 under the proposal, giving the state “a three-year runway to…

As Congress and the White House resume their efforts to agree on a new economic aid package, evidence is growing that the U.S. economy is faltering

Republican Congressional leaders and the White House have reached a tentative deal Wednesday on a $1 trillion coronavirus relief package, separate from the Democrat’s $3 trillion bill. The deal reportedly includes another round of direct payments to Americans, plus $16 billion in new money for coronavirus testing, something President Trump opposed.

The price tag for the next COVID-19 aid package could quickly swell above $1 trillion.

Senate Republicans and the White House have reached tentative agreement for more testing funds in the next COVID-19 relief package

More than a million Americans who had died received COVID-19 stimulus payments totaling $1.4 billion, a government watchdog said in a report to Congress released Thursday, NBC News reported. The finding is part of a sweeping review of the federal government’s response to the COVID-19 pandemic by the Government Accountability Office, an independent nonpartisan congressional agency. The report paints a…

For many Americans, federal stimulus payments are a lifeline during this period of extreme financial stress. And yet, many questions remain unanswered in the ever-changing status of these payments. Americans are also wondering how to make the best use of this one-time cash injection — or whether more money is on the way.

Some Americans may be unwittingly throwing their long-awaited stimulus check in the trash. That’s because, starting last week, the Treasury Department and the IRS started sending out economic impact payments in regular white envelopes that could be confused for junk mail. While some people have already received their payment as a direct deposit or paper check in the mail, almost 4...

As states begin to lift stay-at-home orders, some of the first businesses to shut down in March to minimize the spread of coronavirus are now beginning to reopen their doors. Workers within the retail, restaurant, hospitality, service and meatpacking industries are getting calls from their employers that it’s time to get back to work.

Randy Mac reported on NBC4 News at 6 p.m. on Wednesday, April 29, 2020.

Sandra Speier is among the millions of Americans who have filed for unemployment benefits in recent weeks. But, a month later, her application is still in limbo. The Miami resident, a single mother and self-employed personal trainer, submitted an online application for jobless benefits on March 23. It’s been “pending” ever since and has yet to be processed by the state’s...

Lawmakers are calling on the U.S. Treasury to protect recipients of direct payments from having their money seized by debt collectors. In a letter sent to U.S. Treasury Secretary Steven Mnuchin Thursday, Sens. Sherrod Brown, D-Ohio and Josh Hawley, R-Mo urged the Treasury to exert its ability to protect individuals from having their direct payments seized — or “garnished” — from debt collectors....

About a quarter of a million unemployment checks, with a $600 boost, should be hitting mailboxes and debit cards this week as state employment staff worked through the weekend to push them out Sunday.

The IRS and the U.S. Treasury on Friday launched a new IRS website where people who aren’t required to file taxes can go to enter payment information to receive their stimulus relief check. The portal is available for U.S. citizens and resident aliens who have a valid social security number, can’t be claimed as  dependent of another taxpayer and who have adjusted...