The Biden Boom Has BegunJobless claims are falling, factory production is rising, and retail sales are skyrocketing as Biden’s stimulus kicks in.
ByEric Levitz
senate democrats
Democrats Need to Move Fast and Fix ThingsThe party has a historic opportunity to make permanent, progressive change — but Schumer’s single-vote majority could expire at any moment.
Biden’s COVID-Relief Bill Is a Big F**king DealThe Democratic Party has internalized the left’s critique of its Obama-era approach to fiscal policy, child welfare, and legislative strategy.
Full Employment Is (Maybe) Possible AgainThe fiscal and monetary constraints that have shackled every Democratic president for more than half a century have broken.
ByJonathan Chait
money!
How to Find Your Missing Stimulus ChecksIf you didn’t get the first or second one, there’s good news: You might still! The bad news is that you’ll have to go through the IRS.
The $3,000-Per-Child Benefit Is Gaining MomentumGOP Senator Mitt Romney and House Democrats have each proposed giving American parents and caretakers a previously impossible amount of direct aid.
The GOP Is Fighting to Block Red-State BailoutsSix of the seven states that are suffering the biggest revenue losses from COVID voted for Trump. Republicans are trying to block fiscal aid anyway.
The November Jobs Report Is a DisasterThe U.S. economy added about half as many jobs as expected last month, while permanent layoffs rose and the labor force shrunk.
Lame-Duck Session Begins With Low ExpectationsLeadership elections should confirm the status quo, and there will likely be another stopgap spending bill with limited COVID-19 stimulus.