US senators and Trump administration reach deal on $US2 trillion coronavirus stimulus package
4 years, 9 months ago

US senators and Trump administration reach deal on $US2 trillion coronavirus stimulus package

ABC  

US senators and the Trump administration have struck an agreement on a sweeping $US2 trillion package to aid workers, businesses and a healthcare system strained by the coronavirus pandemic. Key points: The package was expected to include funding for hard-hit industries and direct payments for families Donald Trump has said he would like the country to reopen by Easter The US has recorded more than 660 COVID-19 deaths Top White House aide Eric Ueland announced the agreement in a Capitol hallway shortly after midnight. Trump wants to reopen US by Easter Yet even as the public-health crisis deepened, US President Donald Trump expressed eagerness to nudge many people back to work in the coming weeks, suggested the country could be returning to normal in less than a month. Stay up-to-date on the coronavirus outbreak Download the ABC News app and subscribe to our range of news alerts for the latest on how the pandemic is impacting the world At the White House briefing, public health authorities said it was particularly important for people in the hard-hit New York City metropolitan area to quarantine themselves for 14 days, and for those who had recently left the city to do the same.

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History of this topic

Joe Biden Unveils $2 Trillion Infrastructure And Jobs Plan
3 years, 9 months ago

Joe Biden Unveils $2 Trillion Infrastructure And Jobs Plan

Huff Post  

LOADING ERROR LOADING President Joe Biden on Wednesday unveiled a massive proposal aimed at overhauling the country’s aging roads and bridges, boosting manufacturing, mitigating climate change and making key investments in elder care and housing. The $2 trillion “American Jobs Plan,” which Biden announced in a speech at a union hall in Pittsburgh, is part of the president’s “Build Back …

Joe Biden Signs $1.9 Trillion COVID-19 Relief Bill
3 years, 9 months ago

Joe Biden Signs $1.9 Trillion COVID-19 Relief Bill

Huff Post  

LOADING ERROR LOADING Another round of stimulus checks is on the way. President Joe Biden signed a COVID-19 relief package worth nearly $1.9 trillion into law on Thursday. In that same provision, however, Senate Democrats also decided to forgive taxes on the first $10,200 in unemployment income for Americans with household incomes of less than $150,000 — a major relief …

Biden signs $1.9-trillion COVID-19 relief bill, a day earlier than expected
3 years, 9 months ago

Biden signs $1.9-trillion COVID-19 relief bill, a day earlier than expected

LA Times  

President Biden signed a sweeping $1.9-trillion coronavirus relief package into law Thursday, authorizing a massive infusion of federal aid aimed primarily at working families. “This historic legislation is about rebuilding the backbone of this country and giving people in this nation, working people, middle-class folks, the people who built this country, a fighting chance,” Biden said after signing the bill …

House Gives Final Approval To $1.9 Trillion COVID-19 Relief Package
3 years, 9 months ago

House Gives Final Approval To $1.9 Trillion COVID-19 Relief Package

NPR  

House Gives Final Approval To $1.9 Trillion COVID-19 Relief Package Enlarge this image toggle caption Alex Brandon/AP Alex Brandon/AP House lawmakers Wednesday gave final approval to President Biden's $1.9 trillion coronavirus relief package, sending the legislation to his desk for his signature. "Although I support the Senate's effort to reduce the number of wealthier households that will receive stimulus checks, …

Coronavirus | Joe Biden’s COVID-19 rescue plan clears crucial Senate hurdle
3 years, 10 months ago

Coronavirus | Joe Biden’s COVID-19 rescue plan clears crucial Senate hurdle

The Hindu  

The U.S. Senate on Saturday voted to approve a $1.9 trillion relief package that President Joe Biden vows will revive the country's pandemic-stricken economy, capping hours of debate, frenzied negotiations and a marathon overnight voting session. "I promised the American people help was on the way," said Mr. Biden in an address from the White House, after the plan was …

Senate Passes $1.9 Trillion COVID-19 Relief Bill
3 years, 10 months ago

Senate Passes $1.9 Trillion COVID-19 Relief Bill

Huff Post  

Senators worked overnight through Saturday morning to get through a deluge of Republican amendments to the $1.9 trillion COVID-19 relief package, which passed the Senate on Saturday. Alex Wong/Getty Images The Senate has passed President Joe Biden’s $1.9 trillion COVID-19 relief bill, the American Rescue Plan, with $1,400 direct payments to many Americans, a $300 weekly unemployment benefit until September …

Senate Advances $1.9 Trillion Coronavirus Relief Bill Despite GOP Opposition
3 years, 10 months ago

Senate Advances $1.9 Trillion Coronavirus Relief Bill Despite GOP Opposition

Huff Post  

LOADING ERROR LOADING The Senate voted to begin debate on President Joe Biden’s $1.9 trillion coronavirus relief package on Thursday after Democrats agreed among themselves on the final details of the bill, which includes funding for schools, vaccine distribution and jobless benefits. Sen. Joe Manchin wanted to keep unemployment benefits at their current $300 per week in addition to ending …

Here's What's In House Democrats' $1.9 Trillion COVID-19 Relief Plan
3 years, 10 months ago

Here's What's In House Democrats' $1.9 Trillion COVID-19 Relief Plan

NPR  

Here's What's In House Democrats' $1.9 Trillion COVID-19 Relief Plan Enlarge this image toggle caption Tasos Katopodis/Getty Images Tasos Katopodis/Getty Images The House Budget Committee has approved legislation advancing President Biden's $1.9 trillion coronavirus relief package, setting a path for intense debate in the Senate. New financial support for parents: Democrats approved a major temporary overhaul to the child tax …

Democrats Determined To Avoid Their Old Mistakes With Big COVID-19 Stimulus
3 years, 11 months ago

Democrats Determined To Avoid Their Old Mistakes With Big COVID-19 Stimulus

Huff Post  

LOADING ERROR LOADING The last time the U.S. economy suffered a crisis and needed an injection from the federal government, the Democratic Party was fighting with itself over how big rescue legislation should be. He has to not get bogged down in negotiations.” Claire McCaskill, a former moderate Democratic senator from Missouri who was also around in 2009, tweeted on …

Biden, Harris meet 10 Republican senators on USD 1.9 trillion COVID-19 relief package
3 years, 11 months ago

Biden, Harris meet 10 Republican senators on USD 1.9 trillion COVID-19 relief package

India TV News  

US President Joe Biden and Vice President Kamala Harris have held a meeting with 10 Republican senators to discuss the USD 1.9 trillion relief package for Americans affected by the COVID-19 pandemic that has claimed over 443,000 lives and infected more than 26 million people in the country. "We have just had a very productive, cordial two-hour meeting with the …

Republicans urge Biden to scale down $1.9 trillion COVID relief
3 years, 11 months ago

Republicans urge Biden to scale down $1.9 trillion COVID relief

Al Jazeera  

Ten Republicans in the United States Senate have offered a counterproposal to President Joe Biden’s $1.9 trillion coronavirus relief bill, saying a scaled-down version of the aid package would garner bipartisan support in Congress. The lawmakers asked to meet with Biden in the coming days, adding: “Our proposal reflects many of your stated priorities, and with your support, we believe …

White House begins talks with lawmakers on COVID-19 relief
3 years, 11 months ago

White House begins talks with lawmakers on COVID-19 relief

Associated Press  

WASHINGTON — Top aides to President Joe Biden on Sunday began talks with a group of moderate Senate Republicans and Democrats on a $1.9 trillion coronavirus relief package as Biden faces increasing headwinds in his effort to win bipartisan backing for the initial legislative effort of his presidency. One key Republican, Sen. Susan Collins of Maine, said afterward, “It seems …

Trump economist backs Biden’s $1.9 trillion rescue plan
3 years, 11 months ago

Trump economist backs Biden’s $1.9 trillion rescue plan

CNN  

New York CNN Business — Former Trump economic adviser Kevin Hassett broadly supports President Joe Biden’s $1.9 trillion rescue package as a way to keep the coronavirus-ravaged economy afloat. “They’ve thrown a lot of stimulus at it,” Hassett told CNN Business on Thursday, “but I think we need to be risk averse.” The former Trump administration official fears that without …

Biden announces USD 1.9 trillion COVID-19 stimulus plan to revive US economy
3 years, 11 months ago

Biden announces USD 1.9 trillion COVID-19 stimulus plan to revive US economy

The Hindu  

US President-elect Joe Biden has announced a USD 1.9 trillion coronavirus relief package to tackle the economic fallout from the pandemic, including direct financial aid to average Americans, support to businesses and to provide a boost to the national vaccination programme. The relief package, announced on Thursday, includes USD 415 billion focused on combating the COVID-19 pandemic, over USD 1 …

Biden to unveil plan to pump $1.5 trillion into pandemic-hit economy
3 years, 11 months ago

Biden to unveil plan to pump $1.5 trillion into pandemic-hit economy

Live Mint  

President-elect Joe Biden will unveil a stimulus package proposal on Thursday designed to jump-start the economy during the coronavirus pandemic with an economic lifeline that could exceed $1.5 trillion and help minority communities. The incoming administration will work with Congress on the quick stimulus package after Biden takes office on Jan. 20, although the impeachment of Trump threatens to consume …

‘We have to act’: Biden unveils $1.9 trillion COVID stimulus plan
3 years, 11 months ago

‘We have to act’: Biden unveils $1.9 trillion COVID stimulus plan

Al Jazeera  

Package includes $415bn to boost response to COVID-19 and vaccine release, as well as $1,400 cheques to individuals. United States President-elect Joe Biden has unveiled a $1.9 trillion stimulus package proposal designed to jump-start the economy and speed up the US response to the coronavirus pandemic. It also provides a sharp contrast with Trump, who spent the last months of …

Outlook Unclear For $2,000 COVID-19 Relief Payments As Action Shifts To Senate
4 years ago

Outlook Unclear For $2,000 COVID-19 Relief Payments As Action Shifts To Senate

NPR  

Outlook Unclear For $2,000 COVID-19 Relief Payments As Action Shifts To Senate Enlarge this image toggle caption Samuel Corum/Getty Images Samuel Corum/Getty Images Updated at 2:34 p.m. ET Democrats and President Trump hectored Senate Republicans on Tuesday to take up legislation passed by the House that would increase direct relief payments to many Americans — but the path ahead remains …

Donald Trump ends days of drama, signs pandemic relief bill into law
4 years ago

Donald Trump ends days of drama, signs pandemic relief bill into law

Hindustan Times  

US President Donald Trump finally relented on Sunday, signing into law a bill that will provide $900 billion in Covid-19 relief for American families and business, and $1.4 trillion to keep the federal government funded until September. U.S. President Donald Trump at the South Lawn of the White House in Washington, DC. Trump conveyed his decision in a statement on …

Donald Trump signs massive USD 900 billion COVID relief bill
4 years ago

Donald Trump signs massive USD 900 billion COVID relief bill

India TV News  

Ending days of drama over his refusal to accept the bipartisan deal that will deliver long-sought cash to businesses and individuals and avert a federal government shutdown, US President Donald Trump on Sunday signed a $900 billion pandemic relief package. “I will sign the Omnibus and Covid package with a strong message that makes clear to Congress that wasteful items …

Stimulus bill: Trump chooses chaos with delayed signature of Covid relief package
4 years ago

Stimulus bill: Trump chooses chaos with delayed signature of Covid relief package

CNN  

CNN — President Donald Trump is driving the country through chaos from behind the wheel of his golf cart. Seeming to realize the mess he’d created, Trump’s statement afterward appeared face-saving, insisting that one of his trade-offs for signing the bill was lawmakers agreeing to “focus strongly on the very substantial voter fraud which took place in the November 3 …

Donald Trump signs $US2.3 trillion coronavirus relief and government funding bill
4 years ago

Donald Trump signs $US2.3 trillion coronavirus relief and government funding bill

ABC  

US President Donald Trump has signed into law a $US2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans and averting a partial federal government shutdown. Key points: The package includes $US900 billion in pandemic relief and $US1.4 trillion to fund Government agencies through to September It had already been passed by both the House and …

Trump Signs COVID-19 Relief Deal After His Criticism Threatened To Derail It
4 years ago

Trump Signs COVID-19 Relief Deal After His Criticism Threatened To Derail It

NPR  

Trump Signs COVID-19 Relief Deal After His Criticism Threatened To Derail It Enlarge this image toggle caption Al Drago/Getty Images Al Drago/Getty Images Updated at 9:30 p.m. ET President Trump on Sunday night signed a massive coronavirus relief and spending package, relenting on a measure he had called a "disgrace" days earlier. On Christmas Eve, House Democrats sought to follow …

Joe Biden warns of ‘devastating consequences’ in push for President Donald Trump to sign Covid-19 relief package
4 years ago

Joe Biden warns of ‘devastating consequences’ in push for President Donald Trump to sign Covid-19 relief package

CNN  

CNN — President-elect Joe Biden has called on President Donald Trump to sign the bipartisan Covid-19 relief bill, warning that any further delay has “devastating consequences” for Americans. Trump has not yet signed the joint $900 billion relief package and government spending bill that Congress passed this week, saying that the bill doesn’t provide enough money in direct payments and …

Donald Trump rejects Covid relief bill, calling it ’a disgrace’
4 years ago

Donald Trump rejects Covid relief bill, calling it ’a disgrace’

Live Mint  

President Donald Trump on Tuesday rejected a $900 billion bipartisan Covid stimulus package, calling it "a disgrace" and demanding that lawmakers more than triple relief payments to Americans. "I am asking Congress to amend this bill and increase the ridiculously low $600 to $2,000, or $4,000 for a couple," he said, referring to relief checks meant to go out to …

$900B COVID relief bill passed by Congress, sent to Trump
4 years ago

$900B COVID relief bill passed by Congress, sent to Trump

Associated Press  

WASHINGTON — Congress passed a $900 billion pandemic relief package that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths. “Anyone who thinks this bill is enough hasn’t heard the desperation in the voices of their constituents, has not looked into the eyes of the …

US House passes $900 billion Covid relief package
4 years ago

US House passes $900 billion Covid relief package

Live Mint  

The House easily passed a USD 900 billion pandemic relief package Monday night that would finally deliver long-sought cash to businesses and individuals and resources to vaccinate a nation confronting a frightening surge in COVID-19 cases and deaths. Lawmakers tacked on a USD 1.4 trillion catchall spending bill and thousands of pages of other end-of-session business in a massive bundle …

President Trump throws Covid relief bill in doubt by asking Congress to amend it
4 years ago

President Trump throws Covid relief bill in doubt by asking Congress to amend it

CNN  

CNN — President Donald Trump on Tuesday said he is asking for changes to the coronavirus relief bill passed by Congress, leaving the future of the $900 billion stimulus in doubt. “I’m asking Congress to amend this bill and increase the ridiculously low $600 to $2000 or $4000 per couple,” Trump said in a video released on Twitter. It really …

Trump takes credit for Covid stimulus payments included in Congress relief bill
4 years ago

Trump takes credit for Covid stimulus payments included in Congress relief bill

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. The US president, who quoted Fox and Friends …

Americans to start receiving Covid relief from next week: Treasury Secretary
4 years ago

Americans to start receiving Covid relief from next week: Treasury Secretary

Live Mint  

A new round of pandemic relief cheques for Americans will start going out next week, US Treasury Secretary Steven Mnuchin said Monday. Congressional leaders reached a deal on Sunday on a roughly $900 billion spending package to bolster the U.S. economy amid the continued coronavirus pandemic giving lawmakers a short timetable to review and pass the second largest economic-rescue measure …

US Congress reaches deal on Covid-19 aid package
4 years ago

US Congress reaches deal on Covid-19 aid package

Live Mint  

U.S. congressional leaders reached agreement on Sunday on a $900 billion package to provide the first new aid in months to an economy and individuals battered by the surging coronavirus pandemic, with votes likely on Monday. Congress aims to include the coronavirus aid package in a $1.4 trillion spending bill funding government programs through September 2021. The House and the …

US lawmakers set to vote on $900 bn Covid relief package deal
4 years ago

US lawmakers set to vote on $900 bn Covid relief package deal

Live Mint  

US lawmakers agreed on pandemic spending powers for the Federal Reserve late Saturday, the Wall Street Journal reported, clearing the way for a vote on a roughly $900 billion Covid-19 relief package for millions of Americans. The deal would maintain the central bank's ability to set up emergency lending programs without congressional approval, the Journal said, but the Fed would …

Senator says Trump, McConnell likely to back COVID-19 relief
4 years, 1 month ago

Senator says Trump, McConnell likely to back COVID-19 relief

Associated Press  

WASHINGTON — A proposed COVID-19 relief bill is expected to get backing from President Donald Trump and Senate Majority Leader Mitch McConnell but it won’t include $1,200 in direct payments to most Americans, a Republican senator involved in the bipartisan talks says. “President Trump has indicated that he would sign a $908 billion package — there’s only one $908 billion …

In face of ‘grim’ jobs report, Biden backs more COVID-19 aid
4 years, 1 month ago

In face of ‘grim’ jobs report, Biden backs more COVID-19 aid

Associated Press  

— President-elect Joe Biden is pushing ahead with his call for massive economic stimulus as the economic recovery from this spring’s coronavirus lockdowns falters amid a nationwide spike in COVID-19 cases. Biden was to deliver remarks Friday afternoon reacting to November’s national jobs report, which showed a sharp decrease in U.S. hiring even as the nation is about 10 million …

Coronavirus-stimulus efforts pick up speed
4 years, 1 month ago

Coronavirus-stimulus efforts pick up speed

Live Mint  

Democratic leaders signaled Wednesday they were prepared to reduce their demands for the next round of coronavirus relief, fueling hopes that an agreement could be reached with Republicans by year’s end to boost struggling businesses and households. Senate Majority Leader Mitch McConnell didn’t comment on the Democratic leaders’ statement, but he said earlier in the day that they were showing …

A new coronavirus stimulus package looks unlikely until Biden administration
4 years, 1 month ago

A new coronavirus stimulus package looks unlikely until Biden administration

LA Times  

Hopes that Congress would move swiftly after the election to provide more coronavirus relief for Americans are fading as Senate Republicans continue to resist large spending measures and pressure from President Trump to take action has waned. “We need to think about — if we’re going to come up with a bipartisan package here — about what size is appropriate,” …

White House says chances slim on pandemic aid deal before election
4 years, 2 months ago

White House says chances slim on pandemic aid deal before election

Live Mint  

Washington: The White House on Tuesday tamped down expectations for a major coronavirus relief package to be agreed upon by the Nov. 3 U.S. presidential election, saying House of Representatives Speaker Nancy Pelosi was seeking too much. White House press secretary Kayleigh McEnany said the proposal from Pelosi's Democrats included stimulus checks for immigrants who are in the United States …

Coronavirus Relief Package Not Coming Before Election
4 years, 2 months ago

Coronavirus Relief Package Not Coming Before Election

Huff Post  

LOADING ERROR LOADING Following the confirmation of Amy Coney Barrett to the Supreme Court on Monday, Senate Majority Leader Mitch McConnell adjourned his chamber until after Election Day, officially signaling that Congress won’t enact a new coronavirus relief bill before the election — and potentially not before 2021. “We said, ‘We can get something done before the election, at least …

Pelosi, Trump trade blame on Covid-19 stimulus talks
4 years, 2 months ago

Pelosi, Trump trade blame on Covid-19 stimulus talks

Live Mint  

U.S. House Speaker Nancy Pelosi and the White House traded blame for the latest stall in negotiations on a new coronavirus stimulus as pessimism built at the Capitol that anything could be accomplished before Election Day. Despite White House Chief of Staff Mark Meadows telling reporters he hoped an accord could be reached “in the next day or so,” Senate …

White House, Democrats inch toward coronavirus stimulus package, including more checks
4 years, 2 months ago

White House, Democrats inch toward coronavirus stimulus package, including more checks

LA Times  

House Speaker Nancy Pelosi had said if the structure of a deal was not in place by Tuesday, a package was unlikely before the election. House Speaker Nancy Pelosi said after a nearly 45-minute phone conversation with Treasury Secretary Steven T. Mnuchin on Tuesday that she’s hopeful legislation will come together this week. Senate Majority Leader Mitch McConnell told colleagues …

Trump says he wants a bigger coronavirus aid deal than Democrats
4 years, 3 months ago

Trump says he wants a bigger coronavirus aid deal than Democrats

Al Jazeera  

In the latest twist in stimulus talks, Trump says he wants a bigger COVID-19 aid package than Democrats or Republicans are offering. On Friday, United States President Donald Trump appeared to take, of all things, a hard left, saying he’d like to go bigger on coronavirus relief aid than even the Democrats. — Donald J. Trump October 9, 2020 Friday’s …

Trump halts COVID-19 relief talks until after election
4 years, 3 months ago

Trump halts COVID-19 relief talks until after election

Associated Press  

WASHINGTON — President Donald Trump on Tuesday called an abrupt end to negotiations with Democrats over additional COVID-19 relief, delaying action until after the election despite ominous warnings from his own Federal Reserve chairman about the deteriorating conditions in the economy. Trump tweeted that House Speaker Nancy Pelosi was “not negotiating in good faith” and said he’s asked Senate Majority …

Stimulus update: Trump abruptly scraps talks, punting on economic relief until after Election Day
4 years, 3 months ago

Stimulus update: Trump abruptly scraps talks, punting on economic relief until after Election Day

CNN  

CNN — President Donald Trump has ordered his negotiators to halt talks over a new stimulus package, after the two sides have struggled for months to reach a deal, a stunning move that puts an end to last-ditch efforts for a major economic relief package as millions are reeling from the coronavirus crisis. With lives at stake, we cannot afford …

Trump tells reps to postpone stimulus talks until after election
4 years, 3 months ago

Trump tells reps to postpone stimulus talks until after election

Al Jazeera  

United States President Donald Trump on Tuesday told his representatives to stop negotiating with Democrats in Congress over a new round of coronavirus relief aid until after the November 3 election. He then wrote: “I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses …

Donald Trump presses for stimulus deal, saying ‘get it done’
4 years, 3 months ago

Donald Trump presses for stimulus deal, saying ‘get it done’

Hindustan Times  

President Donald Trump pressed for a deal on another round of pandemic aid to jolt the U.S. economic recovery, saying the country “wants and needs” fiscal stimulus. With Trump receiving treatment at Walter Reed military hospital outside Washington after testing positive for the coronavirus, his tweet on Saturday departed from his health to focus on weeks of partisan deadlock over …

'I don't know what he's doing': Trump praises USPS chief and claims Democrats withholding Postal Service funding for election
4 years, 4 months ago

'I don't know what he's doing': Trump praises USPS chief and claims Democrats withholding Postal Service funding for election

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Donald Trump heaped praise …

Trump Orders More Unemployment Pay, Payroll Tax Deferral after Negotiations on Covid-19 Rescue Package Collapsed
4 years, 5 months ago

Trump Orders More Unemployment Pay, Payroll Tax Deferral after Negotiations on Covid-19 Rescue Package Collapsed

News 18  

Seizing the power of his podium and his pen, President Donald Trump on Saturday moved to bypass the nation's elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed. Now, Trump, who has not spoken with Democratic House Speaker Nancy Pelosi since …

Trump to Try Going it Alone on Coronavirus Aid after Talks with Congress Break Down
4 years, 5 months ago

Trump to Try Going it Alone on Coronavirus Aid after Talks with Congress Break Down

News 18  

White House officials trying to broker a deal on new coronavirus legislation will advise President Donald Trump to act on his own to deliver relief to Americans suffering from the pandemic, after talks with top Democrats in Congress broke down on Friday. U.S. Treasury Secretary Steven Mnuchin and White House Chief of Staff Mark Meadows said they would recommend that …

The Coronavirus Is Still Spreading, Trump And Congress Are Still Dithering
4 years, 6 months ago

The Coronavirus Is Still Spreading, Trump And Congress Are Still Dithering

Huff Post  

LOADING ERROR LOADING WASHINGTON ― Two months after Congress passed its last coronavirus response bill, and despite a number of approaching deadlines, Republicans and Democrats appear far apart on another round of economic relief. It’s better than their salaries,” White House economic adviser Larry Kudlow said Sunday, parroting a GOP talking point about the need to let the unemployment benefits …

Republicans pump brakes on new Covid stimulus spending
4 years, 7 months ago

Republicans pump brakes on new Covid stimulus spending

CNN  

Washington CNN — Top Republicans on Capitol Hill are pumping the brakes on new coronavirus stimulus spending days after House Democrats pushed forward with a sweeping relief package, underscoring a deep partisan divide as the nation grapples with the pandemic. House Minority Leader Kevin McCarthy, a California Republican, said Tuesday that he does not currently see a need for another …

Uneven economic relief of Covid response aid under scrutiny
4 years, 7 months ago

Uneven economic relief of Covid response aid under scrutiny

CNN  

CNN — Staggering job losses. The economic side of the ongoing public health crisis will go under the microscope Tuesday morning as the two primary architects of that response testify on Capitol Hill: Treasury Secretary Steve Mnuchin and Federal Reserve Chairman Jerome Powell. Those issues – from the massive small business emergency lending program, to funding for state and local …

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