Stimulus (Economic) – Page 6

How the Employee Retention Tax Credit Became a Magnet for Fraud

The Employee Retention Credit has spawned a cottage industry of firms claiming to help businesses access stimulus funds, often in violation of federal rules.

By Alan Rappeport

Congressional Budget Office Coronavirus Aid, Relief, and Economic Security Act (2020) Federal Budget (US) House of Representatives Republican Party Stimulus (Economic) United States Politics and Government

House G.O.P. Eyes Rescinding Unspent Covid Money as Part of Its Fiscal Plan

Estimates put the amount of leftover money between $50 billion and $70 billion. But even if Republicans could claw it back, it would not make much of a dent in the deficit.

By Catie Edmondson and Madeleine Ngo

Banking and Financial Institutions Content Type: Service Federal Reserve System Inflation (Economics) Interest Rates Personal Finances Quantitative Easing Stimulus (Economic) United States Economy

The Fed Has Targeted 2% Inflation. Should It Aim Higher?

After raising interest rates again, the Federal Reserve will soon have to consider how much pain it is willing to inflict in its fight against inflation, our columnist says.

By Jeff Sommer

Biden, Joseph R Jr Consumer Behavior Federal Budget (US) Federal Reserve System House of Representatives Inflation (Economics) Interest Rates Powell, Jerome H Republican Party Stimulus (Economic) Supply Chain United States Economy United States Politics and Government

Republicans Say Spending Is Fueling Inflation. The Fed Chair Disagrees.

Jerome H. Powell has said that snarled supply chains, an oil shock following Russia’s invasion of Ukraine and shifts among American consumers are primarily behind rapid price growth.

By Jim Tankersley

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