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Category: Federal Finances

In case you’re wondering. . .

. . . just how much individual families will receive from the recently passed $1.9 trillion COVID stimulus bill, here is what a married couple earning $150,000 with 2 children will receiv: Six checks at $1,400 each: $8,400; Two childcare credits at $3,600 each: $7,200; Two child credits at $3,000 each: $6,000; Total walking around

Debt ceiling increases

Few Americans are aware that our federal government does not have a limit on how much money it can spend.  It was not always that way. Prior to 1939, Congress had to approve every purchase made by the Treasury.  It was then that Congress imposed a debt ceiling, which was watched closely by all.   Fiscal