Congress passed the CARES Act last March, sending many taxpayers $1,200, giving $100 billion to health providers, and boosting unemployment benefits by $600 a week, according to Govtrack. The $2 trillion stimulus bill also sent $150 billion to states and localities across the country. Virginia received about $3.1 billion dollars, with a separate $200 million sent directly to Fairfax County.Read More
The Federal Emergency Management Agency (FEMA) approved for Minnesotans to receive $300 in weekly unemployment benefits this fall. FEMA Administrator Pete Gaynor issued the grant through the Lost Wages Supplemental Payment Assistance program.
The approval comes one day after Governor Tim Walz announced his decision to apply for additional unemployment payments. Walz explained this was a necessary decision based on the continued COVID-19 mandates.Read More
The U.S. Treasury has published a major report revealing that the federal government has amassed $103.7 trillion in debts, liabilities, and unfunded obligations.Read More
With just two months remaining in fiscal year 2019, come Sept. 30, the U.S. budget deficit appears likely to come in just shy of $1 trillion, the latest data from the U.S. Treasury shows.Read More