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Government

Government Shutdown 2023: What’s open and closed?

Government

Every federal worker impacted by the shutdown will get paid eventually

Do members of Congress and the president get paid during a shutdown? Do furloughed federal workers get back pay? VERIFY answers your top questions.
National

No, United Auto Workers are not paid $75 an hour

We VERIFY how much the Big Three car companies actually pay their workers, who recently went on strike.
National

No, UAW workers are not paid $75 an hour

Auto workers on strike are demanding 40% raises from Ford, GM, and Chrysler (Stellantis). But they don’t make $75/hour, like some claim.
Money

No, the U.S. government isn’t planning to recall the dollar

The U.S. government isn’t planning to recall cash and replace it with a digital dollar, as people online claim. Here’s what we can VERIFY about a CBDC and FedNow.
Money

Bank of America customers don’t need to do anything to get refunded for illegal fees

The Consumer Financial Protection Bureau said BofA must pay back non-sufficient fund fees – similar to overdraft fees – that the bank illegally charged.
Student Loans

Yes, the average forgiven PPP loan is far more than $20,000 student loan relief

Posts online claimed the average forgiven PPP loan is much higher than $20K available in student loan forgiveness. That’s true – the difference is more than $50K.
Money

No, workers aren’t eligible for up to $26,000 through the Employee Retention Credit

The ERC is a tax credit for businesses. It doesn’t provide up to $26,000 to people who worked through the COVID pandemic.
Money

No, taxpayer money is not being used to cover deposits at SVB

Silicon Valley Bank failed on March 10. The U.S. government announced all of the bank’s depositors would be made whole, and no taxpayers would have to foot the bill.
Business

Yes, teens can be paid less than the federal minimum wage

Under federal law, employers are allowed to pay workers under the age of 20 less than the federal minimum wage during the first 90 days after initial employment.
Money

Claim that people with good credit will pay more for mortgages needs context

People online have claimed that a new mortgage fee structure will penalize people with good credit. Here’s what we can VERIFY.
Government

GOP debt ceiling plan doesn’t specifically cut VA budget

Speaker McCarthy’s proposal to lift the debt ceiling comes with budget cuts, though whether it’d affect military veterans is unclear.