The Pandemic Economy

Fiscal Responses to COVID-19

Our latest investigations into the efforts to save Americans’ livelihoods in an unprecedented crisis.

This Treasury Official Is Running the Bailout. It’s Been Great for His Family.

Deputy Treasury Secretary Justin Muzinich has an increasingly prominent role. He still has ties to his family’s investment firm, which is a major beneficiary of the Treasury’s bailout actions.

Can You Be Evicted During Coronavirus? Here’s How to Find Out.

The CARES Act temporarily protects millions of renters from being evicted, and many states and cities passed their own rules to help those struggling to pay rent. Use our new database to find out if eviction bans might apply to you.

The Trump Administration Says a New Bailout Program Will Help 35 Million Americans. It Probably Won’t.

Experts from across the political spectrum fear that the Federal Reserve’s new Main Street Lending program won’t reach enough businesses or save enough jobs.

ProPublica Joins News Organizations in Suing for Small Business Program Loan Info

The Small Business Administration, which is administering the lending program, has said it will disclose the names of companies that got loans — just not yet. News organizations are suing to stop the delay.

The Bailout Is Working — for the Rich

The economy is in free fall but Wall Street is thriving, and stocks of big private equity firms are soaring dramatically higher. That tells you who investors think is the real beneficiary of the federal government’s massive rescue efforts.

Did Your Company Get Bailout Money? Are the Employees Benefiting From It?

How has your company treated its workers during the crisis? As bailout money in the form of huge loan programs reaches to your company, what are you watching for or worried about?

Millions of People Face Stimulus Check Delays for a Strange Reason: They Are Poor

The IRS has had trouble getting money to people quickly because millions of Americans pay for their tax preparation through a baroque system of middlemen.

Despite Federal Ban, Landlords Are Still Moving to Evict People During the Pandemic

ProPublica found landlords in at least four states have violated the ban, which was put in place by the CARES Act but has no clear enforcement mechanism.

Millions of Americans Might Not Get Stimulus Checks. Some Might Be Tricked Into Paying TurboTax to Get Theirs.

Congress gave the IRS the job of sending out coronavirus rescue checks. But the underfunded agency is struggling, while for-profit companies like Intuit have started circling, hoping to convert Americans in need into paying customers.

How the Coronavirus Bailout Repeats 2008’s Mistakes: Huge Corporate Payoffs With Little Accountability

As the government rushes to aid the economy, how that’s done, who benefits and who is left behind matter. So far, the signs are ominous.

For Americans With Bills to Pay, Help Is on the Way. Sort Of.

Politicians have touted debt relief, but the various proposals are patchwork. Many homeowners and renters won’t get much help; those struggling with credit card, car and other loan payments will get none.

Having Trouble With Your Rent, Mortgage or Debts? We Want to Hear From You.

Will banks, landlords and other debt collectors work with people who’ve lost income because of the coronavirus crisis? Help us find out.

We Tracked the Last Time the Government Bailed Out the Economy. Here’s What to Know About the $1 Trillion Coronavirus Plan.

A decade ago, the government spent more than $1 trillion to bail out companies and stimulate the economy. What have we learned since then?

Work in Government, Finance or an Industry Affected by the Trump Administration’s Bailouts? Talk to Us.

Coronavirus has triggered a global economic crisis. We are trying to cover it — and we need your help.

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