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The Social Security Administration announced that the cost-of-living adjustment (COLA), which is an increase in social security benefits to counteract inflation, increased by 1.3% for 70 million American s on Social Security and Supplemental Security Income. The estimated average monthly benefit increased by $20 per month for 2021, reports CNBC. This increase, however, isn’t enough to account for the rising costs for seniors.

The IRS has issued some 165 million payments in the third round of direct stimulus aid, with another 1 million people this week in line to receive the $1,400 checks. But some lawmakers are pushing for a fourth round of stimulus aid that would effectively send recurring payments until the pandemic ends.

Leave it to the Internal Revenue Service (IRS) to disappoint people twice in the same tax season. After waiting longer than usual to receive their refunds this year, many Americans who overpaid taxes on unemployment compensation in 2020 are now eagerly waiting for a second refund that the IRS said would begin to go out this month. With the month more than half over, the IRS is providing few updates.

Former President Donald Trump argued in a court filing late Monday that he cannot be sued by Rep. Eric Swalwell (D-Calif.) for his alleged role in inciting the Jan. 6 attack on the U.S. Capitol building because he was conducting official presidential business, in a continuation of past claims that the presidency rendered him “immune” from legal liability —which legal experts have partially rejected when it comes to criminal charges.

The Biden administration announced Tuesday that it is moving to advance offshore wind power on the coast of California for the first time. When developed, the regions selected have the potential to generate enough green energy for up to 1.6 million homes over the next decade, according to the administration.