According to a press release distributed earlier today, the Internal Revenue Service and the U.S. Department of the Treasury announced that the first round of the American Rescue Plan's Child Tax Credit (CTC) monthly payments will start being issued on July 15.
While on the surface it seems as though Harriet Tubman being the first Black person to grace one of America's banknotes is a really great thing, some Twitter users felt otherwise.
(New York Times) — The uncertainty over the legal status of foreclosed homes in the nation could further depress home prices and delay the recovery of the housing market, the Obama administration said on Wednesday. The warning came at the first Congressional hearing since the magnitude of the problem gained wide attention. Distressed properties make […]
(CNBC.com) — The U.S. government’s bailout of the financial system is expected to cost $89 billion, much lower than earlier projections, the Wall Street Journal reported on Sunday, citing Treasury Department officials. The Journal also said that Treasury officials were looking into ways to disentangle the government from its nearly 80 percent stake in American International […]