The ongoing COVID-19 pandemic is a global economic event without precedent in living memory. In the U.S., federal policymakers recognize the gravity of the situation. Bookmark this regularly updated list of all the actions the government has taken to bolster the economy and how they affect you.
The economic fallout of the coronavirus pandemic spurred lawmakers to complete another stimulus package in early 2021. The American Rescue Plan Act of 2021 includes a third round of direct payments to Americans — the biggest stimulus checks yet. Learn who is eligible and how to get it.
The difference between women’s and men’s earnings is called the gender wage gap or gender pay gap — and there’s a lot of disagreement about what causes it and how to think about fixing it. Learn what the gender pay gap is, how it’s measured, and the main reasons women earn less than men on average.
The Supplemental Security Income program (SSI) is a need-based program run by the U.S. Social Security Administration that assists people with limited income due to disabling health issues or advanced age. Learn what Supplemental Security Income benefits are, who qualifies, and how to apply.
Entitlement programs regularly come up during discussions about the federal budget and national debt. Reforming these programs is wildly complex and often controversial. Learn about the leading proposals for how we can reform U.S. entitlement programs such as Social Security, Medicare, and Medicaid.
One thing about the ongoing COVID-19 pandemic is already clear: It has dramatically changed societies and economies the world over. Many changes will outlive the pandemic, though to what extent depends on the eventual duration and toll it takes. Which ones will impact your life the most?
There have been all kinds of proposals to deal with the problem of global poverty. But lately, more people are looking at a much simpler approach: Just give people money. This idea — simply making cash payments to everyone — is called universal basic income. But what is it, and does it work?
There’s no such thing as a 100% recession-proof job. But as you prepare for the next recession, keep these recession-resistant jobs in mind. Now may be the perfect moment to switch careers, both to boost your income and protect your career in the event of a global recession.
The U.S. government is sending another round of COVID-19 stimulus payments. The vast majority of American adults and children are eligible, but not everyone qualifies. Find out if and how you’ll receive your stimulus payment — and most important of all, when.
The Small Business Administration is disbursing up to $349 billion in low-interest forgivable loans to many American small businesses, freelancers, and nonprofits through the Paycheck Protection Program. Find out if you qualify and how to apply before the money runs out.
Pennies are so close to worthless that many people argue it’s time to do away with them altogether. Others argue that eliminating the one-cent coin could be harmful. Should we get rid of the penny? Find out the main arguments for keeping it and for eliminating it and decide for yourself.
During the 2020 presidential primary, multiple candidates drew attention to the concept of a wealth tax. While wealth taxes can come in many forms, there’s a lot of misinformation and misunderstanding about them. Find out how they work and who they really impact.