The IRS has done an impressive job delivering over 80 million rebate payments authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. But...
Senate Majority Leader Mitch McConnell (R-KY) recently said he is “in favor of allowing states to use the bankruptcy route,” instead of Congress providing them...
Defying the skeptics (including me ), the Internal Revenue Service last week began depositing direct payments of $1,200 for adults (plus $500 per child under...
COVID-19 is placing an unprecedented strain on local economies, hospital systems , health departments , and budgets . To weather the storm and continue to...
The current recession derives from two sources: demand and supply. On the demand side, consumers are purchasing fewer durable goods (e.g., automobiles) and spending much...
The Coronavirus Aid, Relief, and Economic Security (CARES) Act grants massive tax relief for business losses, but most of the benefits will be reaped by...
Over the next decade, the individual “ recovery rebate ” program will account for about half of the Coronavirus Aid, Relief and Economic Security (CARES)...
How rapidly is the economy collapsing in the wake of the COVID-19 pandemic? In just the past four weeks, total weekly unemployment insurance claims were...