News & Updates

Major federal student loan changes took effect July 1, 2026: the SAVE repayment plan is being phased out for nearly 7 million borrowers, Grad PLUS loans were eliminated for new borrowers, and new loans lost eligibility for unemployment-related deferment. The SAVE Plan Is Ending Borrowers enrolled in the SAVE (Saving on a Valuable Education) repayment […]

A new federal investment account for children officially launched on July 4, 2026, and any U.S. kid born between 2025 and 2028 can get a $1,000 deposit from the government to start it — no income requirements, no application fee. What a Trump Account actually is A Trump Account is essentially a starter traditional IRA […]

Wisconsin residents were close to seeing $300 rebate checks land in their mailboxes — until the state Senate rejected the deal that would have funded them, in a vote that scrambled the usual party lines. What was actually on the table The package under negotiation was worth $1.8 billion, combining a historic increase in the […]

A new working paper from researchers at Duke University, the U.S. Treasury Department, the Federal Reserve, and the University of Chicago pushes back on one of the most repeated economic claims of the last few years: that COVID-era stimulus checks were the main driver of the inflation spike that followed. What the study actually found […]

There is no federal $2,000 or $3,000 stimulus check scheduled for this month. No legislation authorizing a universal payment has passed Congress, and neither the Treasury Department nor the IRS has announced a payment schedule — despite the claim circulating widely online. Where the rumor started The $2,000 stimulus buzz traces back to a Truth […]

Quick answer: Internal Treasury emails obtained by ABC News show it was then-Treasury Secretary Steven Mnuchin’s idea to put “President Donald J. Trump” on the memo line of the 2020 stimulus checks, finalized in a scramble just days before payments went out. Draft versions that never made it to the final design also included Mnuchin’s […]

The Wisconsin Senate voted down an $1.8 billion package late Wednesday that would have sent $300 stimulus checks to residents and increased school funding, after all 15 Senate Democrats and three Republican senators voted against it. The deal, backed by Gov. Tony Evers and GOP legislative leaders, had already passed the Assembly and the Joint […]

A new working paper from researchers at Duke University, the U.S. Treasury Department, the Federal Reserve, and the University of Chicago finds that COVID-era stimulus checks and Child Tax Credit payments explain less than 20% of the price increases seen in the auto market between 2020 and 2022. That challenges the popular narrative that pandemic […]

Sen. Tim Scott (R-SC) did not rule out the idea of another round of stimulus checks when asked about ongoing economic strain on households, according to a report from WFLA. No bill, dollar figure, or timeline has been confirmed by his office or by Congress, so anything more specific than that should be treated as […]

A green card holder identified as Karin Contreras, a national of the Dominican Republic, is accused of defrauding the U.S. unemployment benefits system out of roughly $1 million, according to U.S. Attorney Jeanine Pirro. Beyond that headline claim, few case details have been made public, so this article focuses on what’s confirmed and how cases […]