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While investing in a college education has undeniable, lifelong economic benefits, excessive levels of student debt can impose hefty financial burdens on borrowers.
https://www.pgpf.org/blog/2021/05/10-key-facts-about-student-debt-in-the-united-states
Despite the consensus among economists that some amount of inflation is likely to occur in the near term, their level of concern varies.
Generally, states with larger populations have been receiving more federal dollars from COVID-19 relief programs as such states typically have more unemployed persons, small businesses, and healthcare providers to which that relief has been targeted.
https://www.pgpf.org/blog/2021/04/why-do-states-receive-different-amounts-of-federal-covid-aid
One key component of the $1.9 trillion package is an estimated $362 billion in federal aid to state, local, territorial, and tribal governments to cover expenditures incurred due to the public health emergency.
SNAP is the largest federal program aimed at combating hunger and food insecurity among low-income Americans.
The child tax credit (CTC) is a measure administered though the tax code that is designed to make raising children more affordable by easing the financial burden faced by families.
https://www.pgpf.org/budget-basics/what-is-the-child-tax-credit
The earned income tax credit (EITC) is a measure administered through the tax code to address poverty. It was first enacted in 1975 on a temporary basis amid broader debates about welfare reform and had the primary goal of encouraging people to obtain employment.
https://www.pgpf.org/budget-basics/what-is-the-earned-income-tax-credit
Since April 2020, the federal government has spent an average of $9 billion per month on SNAP — 71 percent higher than the amount spent in March 2020 (before the pandemic was widely recognized).
https://www.pgpf.org/blog/2021/03/how-has-the-coronavirus-pandemic-affected-federal-spending-on-snap
The decline in purchasing power has important implications for the federal budget and our nation’s infrastructure, and has led some to call for a new effort to address the gas tax.
Three sets of stimulus checks have been issued to eligible recipients as part of the pandemic relief. Each set of payments have been slightly different.
https://www.pgpf.org/blog/2021/03/what-to-know-about-all-three-rounds-of-coronavirus-stimulus-checks