COVID-19 surge: Next bailout could cost $1.5 trillion, Moody's says
The price tag jumped from an earlier estimate of $1 trillion due to the hit to states that are struggling with a surge.
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The price tag jumped from an earlier estimate of $1 trillion due to the hit to states that are struggling with a surge.
Questions abound about the stimulus checks and taxes. Read on to learn how it will impact your tax situation.
As President Trump promised a second round of stimulus payments in an interview earlier this week, some Americans say they're still suffering from being excluded from the first round of payments. Adriana Diaz reports.
The prepaid debit cards may impose "unnecessary burdens" on the 4 million people who received them, some lawmakers say.
Government watchdog report makes it clear, "a person is not entitled to receive a payment if he or she is deceased."
Casinos in Las Vegas and other cities in Nevada reopened earlier this month, allowing the gaming industry to bring some of its employees back to work. Undocumented workers there were hit especially hard by unemployment. In Michigan, casinos remain closed, leaving workers desperate. CBS News 2020 campaign reporters Alex Tin and Adam Brewser join CBSN's Lana Zak with a look at those situations in this edition of "COVID Chronicles."
Some nursing homes had grabbed the government payments to defray the costs of caring for residents on Medicaid.
The IRS has sent 159 million stimulus payments, but millions of taxpayers may still be waiting and could need to take action.
Millions of Americans are still waiting for their economic impact payments. Here are some reasons for the holdup.
One Social Security recipient who has been waiting for weeks said he's disheartened: "It's not a good system."
Cards will be sent to those who qualify for the federal payments but haven't provided the IRS with bank information.
Agency adding thousands of telephone representatives to answer flood of questions about economic stimulus payments.
Americans who get supplemental income set to get the money by direct deposit, while checks go out on Friday.
Residents of U.S. territories who collect Social Security are among some of the last groups to receive their checks.
IRS says it has sent about 130 million payments. Here's why you may still be waiting for your money.
The CARES Act, signed into law on Friday, is the largest economic stimulus package in history. The bill allocates $2.2 trillion to people and businesses negatively impacted by the coronavirus’ effects on the economy. Jill Schlesinger joins “CBS This Morning: Saturday” to explain if and how the stimulus will affect you.
In response to the Coronavirus pandemic, the IRS and Treasury Department extended the tax filing and payment deadline from April 15 to July 15. Tax attorney Sahang-Hee Hahn joins CBSN to discuss the implications of the delay and how it could also impact the anticipated stimulus check.
President Trump retreated to Camp David on Friday evening for a working weekend. In the capital, however, there are remaining concerns about a lack of coronavirus test kits and protests of a deficient stimulus package. Nikole Killion reports.
Millions of Americans are counting on the coronavirus relief payments, but a range of factors can lower the payout.
Paper checks could take weeks to arrive in the mail for the more than 8 million households without bank accounts.
Congressional Democrats and Republicans are beginning to spar over what should be included in the next relief package.
Letters tell taxpayers how much money they're getting, but also contains effusive praise for the government.
Jessa Lewis, a self-employed single mom, is about to be three months behind in rent.
Millions of people have debt judgments against them, and banks say they're legally obligated to hand over stimulus checks.
The issue could impact more than 1 million U.S. citizens who file joint tax returns with their immigrant spouses.