Senate Dems strike jobless aid deal, relief bill OK in sight
3 years, 10 months ago

Senate Dems strike jobless aid deal, relief bill OK in sight

Associated Press  

WASHINGTON — Senate leaders and moderate Democratic Sen. Joe Manchin struck a deal late Friday over emergency jobless benefits, breaking a logjam that had stalled the party’s showpiece $1.9 trillion COVID-19 relief bill. The House approved a relief bill last weekend that included $400 weekly jobless benefits — on top of regular state payments — through August. As the day began, Democrats asserted they’d reached a compromise between party moderates and progressives extending emergency jobless benefits at $300 weekly into early October. Senate Minority Leader Mitch McConnell chided Democrats, calling their daylong effort to work out the unemployment amendment a “spectacle.” “What this proves is there are benefits to bipartisanship when you’re dealing with an issue of this magnitude,” McConnell said.

Benefits Unemployment Relief Democratic Democrats Senate Republican House Biden Republicans Aid Sen Bill Manchin Mcconnell Jobless  strike  ok  biden  manchin  aid  bill  unemployment  jobless  sight  benefits  democrats  dems  sen  relief  senate  deal

History of this topic

Democrats laud $4B bill pay; GOP says jobless fund shorted
2 years, 9 months ago

Democrats laud $4B bill pay; GOP says jobless fund shorted

Associated Press  

SPRINGFIELD, Ill. — Democrats in Springfield are celebrating approval of legislation that wipes out $4.1 billion in debt. J.B. Pritzker OK’d a package that significantly reduces the state tab in the pandemic-battered Unemployment Insurance Trust Fund, wipes out $898 million in unpaid obligations to employee group health insurance, puts up $230 million — the missing state portion of the College …

U.S. Jobless Claims Decline To 444,000, A New Pandemic Low
3 years, 7 months ago

U.S. Jobless Claims Decline To 444,000, A New Pandemic Low

Huff Post  

WASHINGTON — The number of Americans seeking unemployment aid fell last week to 444,000, a new pandemic low and a sign that the job market keeps strengthening as consumers spend freely again, viral infections drop and business restrictions ease. The data release coincides with rapid moves by nearly all the nation’s Republican governors to cut off a $300-a-week federal unemployment …

As GOP Pushback Mounts, Biden Says Jobless Need To Go Back To Work
3 years, 7 months ago

As GOP Pushback Mounts, Biden Says Jobless Need To Go Back To Work

Huff Post  

LOADING ERROR LOADING President Joe Biden denies that unemployment benefits keep workers from taking available jobs, but on Monday Biden said workers had better not stay on unemployment if they’ve had a good job offer. On Monday, Biden reiterated that his administration doesn’t see “much evidence” of unemployment benefits keeping Americans home. No one should be allowed to game the …

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 …

Congress OKs $1.9T virus relief bill in win for Biden, Dems
3 years, 9 months ago

Congress OKs $1.9T virus relief bill in win for Biden, Dems

Associated Press  

WASHINGTON — A Congress riven along party lines has approved the landmark $1.9 trillion COVID-19 relief bill, as President Joe Biden and Democrats claimed a major triumph on legislation marshaling the government’s spending might against twin pandemic and economic crises that have upended a nation. “Today we have a decision to make of tremendous consequence,” said House Speaker Nancy Pelosi, …

Congress OKs $1.9T virus relief bill in win for Biden, Dems
3 years, 9 months ago

Congress OKs $1.9T virus relief bill in win for Biden, Dems

Associated Press  

WASHINGTON — A Congress riven along party lines approved the landmark $1.9 trillion COVID-19 relief bill Wednesday, as President Joe Biden and Democrats claimed a major triumph on legislation marshaling the government’s spending might against twin pandemic and economic crises that have upended a nation. “Today we have a decision to make of tremendous consequence,” said House Speaker Nancy Pelosi, …

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 …

Congress Sends $1.9 Trillion COVID-19 Relief Bill To Biden’s Desk
3 years, 9 months ago

Congress Sends $1.9 Trillion COVID-19 Relief Bill To Biden’s Desk

Huff Post  

LOADING ERROR LOADING WASHINGTON — House Democrats gave final approval Wednesday to the $1.9 trillion COVID-19 relief package, sending the legislation to President Joe Biden’s desk for a pit stop before another round of stimulus checks are sent out to most Americans. The bill includes $1,400 stimulus checks for most Americans, extends $300 weekly unemployment benefits into September, establishes about …

Covid rescue plan expected to pass US Congress Wednesday
3 years, 9 months ago

Covid rescue plan expected to pass US Congress Wednesday

Live Mint  

US President Joe Biden's massive relief plan is on track to cross the finish line Wednesday with a final House vote, stimulating an economy digging out from the coronavirus pandemic and offering a lifeline for millions of families. If it reaches his desk, Biden -- who made the American Rescue Plan his top legislative priority -- could sign the historic …

Covid relief bill: Congress sends $1.9 trillion pandemic relief package to Biden’s desk
3 years, 9 months ago

Covid relief bill: Congress sends $1.9 trillion pandemic relief package to Biden’s desk

CNN  

CNN — The House of Representatives voted Wednesday to approve the $1.9 trillion coronavirus relief plan, paving the way for President Joe Biden to sign his top legislative priority into law later this week and deliver aid to most American households amid the pandemic. Key features of the plan include up to $1,400-per-person stimulus payments that will send money to …

Coronavirus | Biden’s 'transformative' COVID-19 rescue plan on cusp of passing Congress
3 years, 9 months ago

Coronavirus | Biden’s 'transformative' COVID-19 rescue plan on cusp of passing Congress

The Hindu  

President Joe Biden's massive relief plan is on the verge clearing Congress with a final vote Wednesday, offering a lifeline for millions of American families and businesses and stimulating an economy digging out from the coronavirus pandemic. If it makes it to his desk, Mr. Biden — who made the American Rescue Plan his top legislative priority — could sign …

US COVID-19 relief bill set for final approval on Wednesday
3 years, 10 months ago

US COVID-19 relief bill set for final approval on Wednesday

Al Jazeera  

Democrats in the US House have scheduled the final vote on the $1.9 trillion coronavirus relief package. The US House of Representatives will vote on Wednesday to approve President Joe Biden’s sweeping $1.9 trillion coronavirus rescue package for the United States, Democratic leaders said. The Democratic-controlled House on Tuesday set procedures for the approval of the US Senate’s amended version …

Joe Manchin defends effort to stall Democrats’ stimulus plan
3 years, 10 months ago

Joe Manchin defends effort to stall Democrats’ stimulus plan

CNN  

Washington CNN — Democratic Sen. Joe Manchin on Sunday defended his role in stalling the Senate’s passage of President Joe Biden’s massive stimulus plan for hours into the weekend, saying he was pushing for a “fair compromise” on a tax provision for unemployment benefits. The West Virginia Democrat played a key role in the Senate’s passage of the $1.9 trillion …

Biden, Dems prevail as Senate OKs $1.9T virus relief bill
3 years, 10 months ago

Biden, Dems prevail as Senate OKs $1.9T virus relief bill

Associated Press  

WASHINGTON — An exhausted Senate narrowly approved a $1.9 trillion COVID-19 relief bill Saturday as President Joe Biden and his Democratic allies notched a victory they called crucial for hoisting the country out of the pandemic and economic doldrums. “And everything in this package is designed to relieve the suffering and to meet the most urgent needs of the nation, …

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 Works Through Night On Path To Pass Historic COVID-19 Aid
3 years, 10 months ago

Senate Works Through Night On Path To Pass Historic COVID-19 Aid

Huff Post  

LOADING ERROR LOADING WASHINGTON — The Senate worked through the night and past sunrise Saturday on Democrats’ showpiece $1.9 trillion COVID-19 relief bill after a deal between leaders and moderate Sen. Joe Manchin on emergency jobless benefits broke a logjam that had stalled the package. As Friday began, Democrats asserted they’d reached a compromise between party moderates and progressives extending …

Democrats Reach Deal On Unemployment Benefits In COVID-19 Relief Bill
3 years, 10 months ago

Democrats Reach Deal On Unemployment Benefits In COVID-19 Relief Bill

Huff Post  

LOADING ERROR LOADING Democrats have conceded to Sen. Joe Manchin’s demands on enhanced unemployment insurance, agreeing to smaller benefits for unemployed Americans after a nine-hour stalemate on the Senate floor. Manchin, a key swing vote, abruptly halted the passage of the $1.9 trillion proposal Friday, throwing Democrats into chaos by threatening to vote for a Republican amendment on the bill …

US Senate narrowly passes $1.9 trillion COVID relief legislation
3 years, 10 months ago

US Senate narrowly passes $1.9 trillion COVID relief legislation

Al Jazeera  

Senate passes amended version of stimulus bill in 50-49 vote, sending it back to the House for approval next week. The United States Senate has narrowly passed an amended version of President Joe Biden’s $1.9 trillion COVID-19 stimulus bill, sending the legislation back to the US House of Representatives for final approval. “President Biden has now got his first major …

Biden’s $1.9 trillion COVID aid bill stalls in US Senate
3 years, 10 months ago

Biden’s $1.9 trillion COVID aid bill stalls in US Senate

Al Jazeera  

US Senate Democrats’ effort to advance President Joe Biden’s $1.9 trillion COVID-19 aid bill stalled on Friday as senators jousted over how long to extend enhanced unemployment benefits and how much to offer during the pandemic. After the Senate defeated a last-ditch attempt by some of Biden’s fellow Democrats to raise the federal minimum wage, work on his first major …

Senate passes $1.9-trillion COVID-19 economic relief bill
3 years, 10 months ago

Senate passes $1.9-trillion COVID-19 economic relief bill

LA Times  

The Senate passed a $1.9-trillion COVID-19 relief package Saturday, scaling back unemployment benefits approved by the House and narrowing the number of Americans who receive $1,400 payments in an effort to mollify centrist Democrats and get a bill to President Biden as early as next week. After some surprise last-minute haggling Friday between moderates and progressives, Senate Democrats passed the …

By slimmest of margins, Senate takes up $1.9T relief bill
3 years, 10 months ago

By slimmest of margins, Senate takes up $1.9T relief bill

Associated Press  

WASHINGTON — The Senate voted by the slimmest of margins Thursday to begin debating a $1.9 trillion COVID-19 relief bill, after Democrats made eleventh-hour changes aimed at ensuring they could pull President Joe Biden’s top legislative priority through the precariously divided chamber. Biden and Senate leaders had agreed Wednesday to retain the $400 weekly jobless payments included in the version …

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 …

WH says relief checks to go to most who got December payment
3 years, 10 months ago

WH says relief checks to go to most who got December payment

Associated Press  

Roughly 98% of U.S. households that received a COVID-19 relief check in December will also qualify for the next round of payments being championed by President Joe Biden, according to a White House official. Under the current Senate bill, the Biden administration estimates that 158.5 million households will receive direct payments, according to the White House official who insisted on …

WH says relief checks to go to most who got December payment
3 years, 10 months ago

WH says relief checks to go to most who got December payment

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Roughly 98% of U.S. households …

Dems tighten relief benefits, firm up support for virus bill
3 years, 10 months ago

Dems tighten relief benefits, firm up support for virus bill

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy President Joe Biden and Democrats agreed to tighten eligibility limits …

Covid-19 relief plan: Here’s what’s you’ll get in the Senate stimulus bill
3 years, 10 months ago

Covid-19 relief plan: Here’s what’s you’ll get in the Senate stimulus bill

CNN  

CNN — The $1.9 trillion coronavirus package passed by the Senate contains a wide range of proposals to help Americans still struggling with the economic fallout of the pandemic. Here’s how Americans could benefit from the Senate bill: If your family makes less than $160,000 a year The Senate bill would provide direct payments worth up to $1,400 per person …

US Senate takes up massive COVID-19 rescue bill
3 years, 10 months ago

US Senate takes up massive COVID-19 rescue bill

Al Jazeera  

The United States Senate cleared a key procedural hurdle on Thursday paving the way for its approval this weekend of President Joe Biden’s proposed $1.9 trillion COVID-19 rescue legislation. “The United States is facing a once in a century crisis that has sapped millions of jobs from our economy, left millions of Americans struggling to make ends meet and stolen …

Biden signs off on tighter eligibility for $1,400 stimulus checks
3 years, 10 months ago

Biden signs off on tighter eligibility for $1,400 stimulus checks

Hindustan Times  

President Joe Biden has agreed to moderate Democrats’ demands to narrow eligibility for the $1,400 stimulus payments included in the $1.9 trillion pandemic-relief bill, according to a Democratic aide. A separate push by moderates to trim the $400-a-week supplemental unemployment benefits in the bill that the House passed last week to $300 won’t be included in what is initially brought …

Biden presses Senate Democrats to pass COVID-19 relief
3 years, 10 months ago

Biden presses Senate Democrats to pass COVID-19 relief

Al Jazeera  

US president pushes for Senate action on $1.9 trillion federal aid package as Republicans line up in opposition. United States President Joe Biden on Tuesday urged Senate Democrats to stay focused on passing a $1.9 trillion COVID-19 relief package now pending in Congress despite Republican opposition. Quick passage of the $1.9 trillion bill is Biden’s top priority as his new …

Covid relief bill: The House is set for a historic down payment on Biden’s legacy
3 years, 10 months ago

Covid relief bill: The House is set for a historic down payment on Biden’s legacy

CNN  

CNN — At any other time, the imminent House passage of a gargantuan $1.9 trillion bill that addresses many of the foundational goals of a new presidency would be regarded as a smashing victory for a White House only six weeks into a first term. Yet even without the minimum wage provision, the legislation is already defining the politics running …

House passes Biden’s $1.9-trillion COVID-19 relief bill
3 years, 10 months ago

House passes Biden’s $1.9-trillion COVID-19 relief bill

LA Times  

House Speaker Nancy Pelosi speaks at a news conference Friday before the vote on the $1.9-trillion pandemic relief package, which she called “a great bill.” The House passed a $1.9-trillion COVID-19 relief package early Saturday, pushing forward the aid millions of Americans have waited for as the country continues to grapple with the pandemic that has killed half a million …

Democrats Say Relief Programs Could Become This Generation's New Deal
3 years, 10 months ago

Democrats Say Relief Programs Could Become This Generation's New Deal

NPR  

Democrats Say Relief Programs Could Become This Generation's New Deal Democrats are using the $1.9 trillion COVID-19 relief bill to introduce measures they say will reduce poverty. On top of the small business loans and money for health care included in previous bills, the latest round of relief includes longtime Democratic priorities, including billions of dollars for food stamps, rent …

US CEOs, including Trump supporters, push for Biden’s $1.9T plan
3 years, 10 months ago

US CEOs, including Trump supporters, push for Biden’s $1.9T plan

Al Jazeera  

Business executives from multiple industries sent a letter to US Congressional leaders on Wednesday urging them to pass Biden’s COVID-19 relief plan. Senior executives from more than 150 companies are voicing support for President Joe Biden’s $1.9 trillion stimulus package in a letter to congressional leaders urging them to pass coronavirus relief. “Congress should act swiftly and on a bipartisan …

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 …

Dems propose $1,400 payments as part of Biden virus relief
3 years, 11 months ago

Dems propose $1,400 payments as part of Biden virus relief

Associated Press  

WASHINGTON — House Democrats on Monday proposed an additional $1,400 in direct payments to individuals as Congress began piecing together a $1.9 trillion COVID-19 relief package that tracks President Joe Biden’s plan for battling the pandemic and reviving a still staggering economy. Democrats on the Ways and Means Committee would expand tax credits for families with children, for lower-earning people …

Treasury secretary Yellen says Biden's plan could restore full employment by 2022
3 years, 11 months ago

Treasury secretary Yellen says Biden's plan could restore full employment by 2022

Hindustan Times  

Treasury Secretary Janet Yellen said Sunday the country was still in a “deep hole” with millions of lost jobs but that President Joe Biden's $1.9 trillion relief plan could generate enough growth to restore full employment by next year. US Treasury Secretary Janet Yellen listens as US President Joe Biden delivers remarks on the state of the economy during a …

Biden, Yellen Say GOP COVID-19 Aid Too Small, Democrats Push On
3 years, 11 months ago

Biden, Yellen Say GOP COVID-19 Aid Too Small, Democrats Push On

Huff Post  

LOADING ERROR LOADING WASHINGTON — President Joe Biden panned a Republican alternative to his $1.9 trillion COVID rescue plan as insufficient as Senate Democrats pushed ahead, voting to launch a process that could approve his sweeping rescue package on their own, if Republicans refuse to support it. As the White House reaches for a bipartisan bill, Democrats marshaled their ever-slim …

Democrats Take First Step To Pass COVID-19 Relief With Or Without Republicans
3 years, 11 months ago

Democrats Take First Step To Pass COVID-19 Relief With Or Without Republicans

Huff Post  

LOADING ERROR LOADING Democrats have officially started the process of getting their nearly $2 trillion COVID-19 relief bill passed ― with or without Republicans’ support. The budget resolution came with instructions to pass up to $1.9 trillion in additional spending that Democrats say they want to put toward $1,400 checks, extending unemployment insurance programs currently set to expire in March …

Democrats Ditch $600 Unemployment Boost
3 years, 11 months ago

Democrats Ditch $600 Unemployment Boost

Huff Post  

LOADING ERROR LOADING Democrats have given up on giving unemployed workers an extra $600 per week in unemployment benefits as part of a new COVID-19 relief package. Biden’s campaign website said he would “work with Congress to extend the boosted unemployment benefits for however long this crisis lasts.” House Democrats included a $600 increase as part of the $2 trillion …

Biden and GOP senators offer competing COVID-19 relief plans
3 years, 11 months ago

Biden and GOP senators offer competing COVID-19 relief plans

Associated Press  

WASHINGTON — President Joe Biden and a group of 10 Senate Republicans have offered competing proposals to help the United States respond to the coronavirus pandemic and provide economic relief to businesses and families. AID TO STATE AND LOCAL GOVERNMENTS Biden’s framework would send $350 billion to state and local governments to allay service cuts and keep police, fire and …

As Biden and Republicans meet, Democrats prepare to move on COVID relief alone
3 years, 11 months ago

As Biden and Republicans meet, Democrats prepare to move on COVID relief alone

LA Times  

President Biden meets Republican senators to discuss a coronavirus relief package, in the Oval Office of the White House, Monday, Feb. 1, 2021, in Washington. As President Biden met with 10 Republican senators Monday to test the waters of bipartisanship on coronavirus relief, Democrats on Capitol Hill took the first step toward fast-tracking the administration’s $1.9-trillion proposal through a legislative …

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 …

3 reasons Americans need more federal aid
3 years, 11 months ago

3 reasons Americans need more federal aid

CNN  

Washington CNN — Congress has approved trillions in relief funds for Americans suffering because of the pandemic recession, but President Joe Biden thinks the country needs even more. The economy is still getting worse During the first week of the year, the number of new people applying for unemployment benefits soared above 900,000 for the first time since August. Traditional …

Executive orders: Biden signs orders to get checks and food aid to low-income Americans – plus a federal pay raise
3 years, 11 months ago

Executive orders: Biden signs orders to get checks and food aid to low-income Americans – plus a federal pay raise

CNN  

CNN — President Joe Biden signed two more executive orders on Friday – one focused on expanding food assistance and delivering stimulus checks to very low-income Americans, and the other on raising the minimum wage to $15 for the federal workforce – as he continues his swift efforts to overturn his predecessor’s policies. In remarks before he signed, the President …

Stimulus: When will Americans see the aid from Biden’s relief proposal? It’s up to Congress
3 years, 11 months ago

Stimulus: When will Americans see the aid from Biden’s relief proposal? It’s up to Congress

CNN  

CNN — President-elect Joe Biden unveiled a $1.9 trillion relief package Thursday that included more stimulus payments and other direct aid, but don’t expect to see those funds in your bank account anytime soon. Maybe mid- to late February, said Kevin Kosar, resident scholar at the right-leaning American Enterprise Institute and co-editor of the book “Congress Overwhelmed.” Biden’s massive plan …

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 …

US unemployment claims jump to 965,000 as virus takes toll
3 years, 11 months ago

US unemployment claims jump to 965,000 as virus takes toll

Associated Press  

WASHINGTON — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs. “While prospects for the economy later in 2021 are upbeat, the labor market recovery has taken a step backward,” said Nancy Vanden Houten, an economist at Oxford Economics, “and we …

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