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Stimulus Checks Helped Personal Income Surge in January

The American economic recovery came perilously close to falling off a cliff at the end of last year. But government aid arrived just in time to prevent a disaster — and possibly paved the way for a dynamic rebound.

Personal income surged a remarkable 10 percent in January, the Commerce Department reported on Friday. Spending increased last month, too, by a healthy 2.4 percent, largely fueled by a rise in purchases of goods.

The report was the latest sign of the economy’s slow but steady march forward after a series of setbacks.

Yet the data also underscored the extent

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How to claim missing stimulus payments with the Recovery Rebate Credit

Missing a stimulus payment? You’re not alone. 

About 8 million households still haven’t received their $1,200 checks yet from the first round of payments in April, according to the Treasury Department. Many of them may have also been left out of the $600 checks that were issued in December, experts warn.

The left-out households are primarily low-income, which are typically not required to file tax returns because their members don’t earn enough money

Last spring, the IRS launched an online non-filer tool through which individuals could submit their personal information to receive the stimulus checks.

But some of these

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‘Nancy Pelosi’s subway’? GOP blasts COVID stimulus funds for BART

“Nancy Pelosi’s subway.” That’s what Congressional Republicans have christened the project extending BART service through downtown San Jose, which is set to receive an estimated $141 million from the COVID stimulus package the House is expected to pass Friday.

The South Bay BART extension isn’t even in Pelosi’s district.

But Republicans have made the connection as they argue Democrats are loading the $1.9 trillion relief package with pork: House Minority Leader Kevin McCarthy referred to the project as “Nancy Pelosi’s subway” at a press conference he called to criticize it Friday, and Senate Republicans called it “Nancy Pelosi’s Silicon Valley

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‘This woman is a warrior’: Minnie’s Food Pantry raising money for employee who lost home in storm, mother days later

Dulce Bobadilla’s pipes burst in her apartment. In the middle of the storm, she had to move her mom with cancer three times.

PLANO, Texas — Home video shows the moment when water flooded Dulce Bobadilla’s apartment that she shared with her parents and her daughter.

“The storm collapsed all the pipes and burst, so water was coming through the ceiling, the ceiling collapsed and water just coming like a fountain,” said Bobadilla.

The freezing water poured into her mother’s room. Her mother was sick with cancer and was already having a hard time.

“It was scary because my mom

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Nevada looks for people owed millions in unclaimed money | Las Vegas Local Breaking News, Headlines

LAS VEGAS (FOX5) — Nevadans may have money owed to them, and not even know it.

State Treasurer Zach Conine said Nevada wants to find those people and give it back. He said there is more than $950 million as part of the state’s Unclaimed Property program.  

“Perhaps you have a payroll check that was never cashed. A refund. Maybe a bank account you forgot about. Money in a safe deposit box. When that business holds it for a long time and can’t get a hold of you, they turn it over to the state and we hold onto it

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All the money you could get for child care and older adults, including new tax breaks

Under the current stimulus proposal, families with children and older adults may be eligible for new tax breaks that could bring in thousands more dollars.


Sarah Tew/CNET

Yes, President Joe Biden’s $1.9 trillion stimulus plan includes a third stimulus check for up to $1,400 per eligible American. But that’s not the only funding that your family could receive from the proposal working its way through Congress right now. The current version of the bill — called the American Rescue Plan (PDF) — also includes a major expansion to the Child Tax Credit, more access to affordable early child

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