Biden eager to ‘act fast’ on $1.9T plan even without Republicans
3 years, 10 months ago

Biden eager to ‘act fast’ on $1.9T plan even without Republicans

Al Jazeera  

United States President Joe Biden warned that Americans are hurting too badly to wait for partisan negotiations as Friday’s weak jobs report shows the country’s recovery is at real risk of stalling. President Joe Biden gave his strongest indication yet that he will push for his $1.9 trillion Covid relief plan without Republican support, saying that a weak jobs report shows the risk of doing “too little.” “If I have to choose between getting help right now to Americans who are hurting so badly and getting bogged down in a lengthy negotiation — or compromising on a bill that’s up to the crisis — that’s an easy choice,” Biden said in remarks Friday at the White House. Larry Summers, who served as President Barack Obama’s top economic adviser during the last crisis, warned of putting so much stimulus in the pipeline that “we have an economy that is literally on fire.” Biden’s rescue plan is six times as large, relative to the size of the economic hit, as the Obama administration’s recovery program, he said in an interview with Bloomberg TV this week. Republicans have proposed scaling back Biden’s proposals for additional funding to help schools reopen, and have said that $1,400 stimulus checks advocated by the White House should be smaller and go to fewer people.

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History of this topic

White House races to dole out funding from key legislation before Trump takes office
1 month, 2 weeks ago

White House races to dole out funding from key legislation before Trump takes office

CNN  

CNN — The White House is racing to dole out remaining funds appropriated from key legislation President Joe Biden signed before President-elect Donald Trump takes office in 10 weeks. White House deputy chief of staff Natalie Quillian, who has focused on the implementation of Biden’s “Investing in America” agenda, said teams across the administration are spending the next 10 weeks …

Trump already 'set to repeat Biden's mistake': conservative economist
1 month, 2 weeks ago

Trump already 'set to repeat Biden's mistake': conservative economist

Raw Story  

Conservative economist Brian Riedl thinks that President Joe Biden's biggest mistake was the first major piece of legislation that he signed into law: The American Rescue Plan. Writing on Twitter, Riedl acknowledges that inflation was likely to have spiked regardless of what Biden did when he came into office given pandemic-related supply chain disruptions, but he adds that $1.9 trillion …

Biden signs $1.2 trillion spending package after Senate’s 2am vote
9 months ago

Biden signs $1.2 trillion spending package after Senate’s 2am vote

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 A partial government shutdown was averted on Saturday when President …

Republicans rip Biden's 'reckless' $7.3 trillion budget that will 'accelerate America's decline': Top GOP members says plan is a 'another example of disregard for fiscal responsibility'
9 months, 1 week ago

Republicans rip Biden's 'reckless' $7.3 trillion budget that will 'accelerate America's decline': Top GOP members says plan is a 'another example of disregard for fiscal responsibility'

Daily Mail  

House Republican leadership tore into President Biden's new budget plan for fiscal year 2025, deeming it a 'roadmap to accelerate America's decline.' House Republican leadership tore into President Biden's new budget plan for fiscal year 2025, deeming it a 'roadmap to accelerate America's decline' The White House plans to pay for its ambition agenda - which includes $3 billion for …

Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline
9 months, 2 weeks ago

Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline

Associated Press  

WASHINGTON — President Joe Biden on Saturday signed a $460 billion package of spending bills approved by the Senate in time to avoid a shutdown of many key federal agencies. In signing it into law, Biden thanked leaders and negotiators from both parties in both chambers for their work, which the White House said will mean that agencies “may continue …

Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline
9 months, 2 weeks ago

Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline

LA Times  

Senate Majority Leader Charles E. Schumer walks outside the chamber as he tries to assemble enough lawmakers for a partial government funding bill on Friday. President Biden on Saturday signed a $460-billion package of spending bills approved by the Senate in time to avoid a shutdown of many key federal agencies. In signing it into law, Biden thanked leaders and …

GOP Speaker Johnson says House won’t be ‘rushed’ to approve aid for Ukraine as $95B package stalls
10 months, 1 week ago

GOP Speaker Johnson says House won’t be ‘rushed’ to approve aid for Ukraine as $95B package stalls

Associated Press  

WASHINGTON — Republican Speaker Mike Johnson said Wednesday the U.S. House will not feel “rushed” to pass the $95.3 billion foreign aid package for Ukraine, Israel and other allies, signaling a further stall over sending military hardware and munitions Kyiv badly needs to fight Russia. Johnson, who rejected a border security compromise that was eventually stripped from the final product, …

Debt limit fight: Biden meeting with Congress leaders put off until next week; staff talks proceed
1 year, 7 months ago

Debt limit fight: Biden meeting with Congress leaders put off until next week; staff talks proceed

Associated Press  

WASHINGTON — President Joe Biden’s meeting Friday with congressional leaders on the debt limit crisis was abruptly postponed to next week, with staff-level talks making progress and expected to continue through the weekend, the White House and congressional aides said Thursday. “I say to the Republicans out there — congressmen, senators — if they don’t give you massive cuts, you’re …

Biden tells GOP his hopes, gets stiff response from McCarthy
2 years ago

Biden tells GOP his hopes, gets stiff response from McCarthy

Associated Press  

WASHINGTON — President Joe Biden said Tuesday he hopes both parties’ lawmakers can work together to keep the government open, boost spending for Ukraine and avert a crippling rail strike. “We’re going to work together, I hope, to fund the government,” Biden told the visiting lawmakers, emphasizing the importance of Ukraine and pandemic funding as well. Speaking to reporters outside …

Biden’s $1.75 trillion domestic investment bill closer to law
3 years, 1 month ago

Biden’s $1.75 trillion domestic investment bill closer to law

Al Jazeera  

Democrats clear way for vote on measures including free preschool for all 3 and 4-year-olds. Democrats in the United States House of Representatives on Thursday advanced President Joe Biden’s $1.75 trillion domestic investment bill — despite a non-partisan arbiter’s finding that it would add to the deficit. Earlier, the Congressional Budget Office said the legislation would increase federal budget deficits …

White House confident Biden’s bill will pass House this week
3 years, 1 month ago

White House confident Biden’s bill will pass House this week

Associated Press  

WASHINGTON — President Joe Biden’s top economic adviser expressed confidence Sunday that the White House’s $1.85 trillion domestic policy package will quickly pass the House this week and said approval couldn’t come at a more urgent time as prices of consumer goods spike. Deese acknowledged that prices may not fully return to a more normal 2% level until next year …

Biden’s big bill on brink of House votes, but fights remain
3 years, 1 month ago

Biden’s big bill on brink of House votes, but fights remain

Associated Press  

WASHINGTON — Democrats in the House appear on the verge of advancing President Joe Biden’s $1.85 trillion-and-growing domestic policy package alongside a companion $1 trillion infrastructure bill in what would be a dramatic political accomplishment — if they can push it to passage. After months of negotiations, House passage of the big bill would be a crucial step, sending to …

Biden asks US House to vote for $3tr budget, infrastructure bills
3 years, 1 month ago

Biden asks US House to vote for $3tr budget, infrastructure bills

Al Jazeera  

Democrats appear to be in disarray as leaders press rank-and-file members to vote for Biden’s agenda. Democrats in the United States House of Representatives were careening towards breakthrough votes on two key pieces of President Joe Biden’s agenda; a $1.75 trillion spending and tax plan, and a $1.25 trillion infrastructure bill. At the White House on Friday, President Biden was …

Biden turns the screws on Democrats with a call for the House to pass his economic agenda ‘right now’
3 years, 1 month ago

Biden turns the screws on Democrats with a call for the House to pass his economic agenda ‘right now’

CNN  

CNN — President Joe Biden on Friday ratcheted up pressure on Democrats to quickly approve his sweeping domestic spending bills as the two critical components of the Democratic agenda appeared on the brink of passage. Biden, who has been phoning Democrats from the White House over the last day to lock in support, said he would continue making calls from …

What’s in Biden’s $1.75 trillion ‘Build Back Better’ package?
3 years, 1 month ago

What’s in Biden’s $1.75 trillion ‘Build Back Better’ package?

Al Jazeera  

US House of Representatives passes Biden package that’s a cornerstone of his agenda to rebuild America. The Democratic-controlled US House of Representatives on Friday passed President Joe Biden’s $1.75 trillion social policy and climate package, sending it back to the Senate where it is likely to be modified further. Senate Minority Leader Mitch McConnell said the restrictions the legislation places …

Big pressure on Biden, Dems to trim $3.5T federal overhaul
3 years, 2 months ago

Big pressure on Biden, Dems to trim $3.5T federal overhaul

Associated Press  

WASHINGTON — Pressure mounting, President Joe Biden and Democrats in Congress strained Tuesday to trim back his potentially historic $3.5 trillion government overhaul to win support from two key holdout senators ahead of make-or-break deadlines for votes. Assuming nothing, House Speaker Nancy Pelosi told reporters at the Capitol, “In the next day or so we hope to come to a …

Biden, Congress Face Big Week For Agenda, Government Funding
3 years, 2 months ago

Biden, Congress Face Big Week For Agenda, Government Funding

Huff Post  

LOADING ERROR LOADING WASHINGTON — It’s a consequential week for President Joe Biden’s agenda, as Democratic leaders delicately trim back his $3.5 trillion “Build Back Better” package to win over remaining lawmakers and work to quickly pass legislation to avoid a federal shutdown. “Let me just say, it’s an eventful week,” House Speaker Nancy Pelosi said Sunday on ABC’s “This …

Biden $3.5T plan tests voter appeal of expansive gov’t role
3 years, 3 months ago

Biden $3.5T plan tests voter appeal of expansive gov’t role

Associated Press  

WASHINGTON — President Joe Biden’s “build back better” agenda is poised to be the most far-reaching federal investment since FDR’s New Deal or LBJ’s Great Society — a prodigious effort to tax the rich and shift money into projects and programs touching the lives of nearly every American. Biden cited the climate change provisions of the plan, declaring that they …

White House taps populist message as Biden pushes $3.5T plan
3 years, 3 months ago

White House taps populist message as Biden pushes $3.5T plan

Associated Press  

WASHINGTON — The White House is preparing an urgent and populist message for selling President Joe Biden’s $3.5 trillion “build back better” agenda, even as House committee leaders begin churning out pieces of the forthcoming measure. Illustrating Democrats’ ambition as well as the challenges they face, House Ways and Means Chairman Richard Neal released part of his panel’s portion of …

Joe Manchin upends Democrats’ push to enact Biden’s agenda this month, calling for ‘pause’ on $3.5 trillion bill
3 years, 3 months ago

Joe Manchin upends Democrats’ push to enact Biden’s agenda this month, calling for ‘pause’ on $3.5 trillion bill

CNN  

CNN — Sen. Joe Manchin, the most pivotal Democratic swing vote in the Senate, threw a major wrench in his party’s carefully crafted plans to pass a massive $3.5 trillion bill by month’s end, demanding they take a “strategic pause” before considering a sweeping bill to implement much of President Joe Biden’s agenda. Manchin, who has long been skeptical of …

US Senate vote advances Biden’s $1 trillion infrastructure bill
3 years, 4 months ago

US Senate vote advances Biden’s $1 trillion infrastructure bill

Al Jazeera  

In a rare stroke of bipartisanship, Republicans joined Democrats to overcome the 60-vote threshold needed to advance the measure towards final votes. The United States Senate has moved closer to passing a $1 trillion infrastructure package after lawmakers from both parties came together and voted to clear a key procedural hurdle, but the action soon stalled out as opponents tried …

Biden Meets Dems At Capitol To Firm Up Support For Reconciliation Package
3 years, 5 months ago

Biden Meets Dems At Capitol To Firm Up Support For Reconciliation Package

Huff Post  

WASHINGTON, DC - JULY 14: President Biden is on the Hill to discuss with Senate Democrats the $3.5 trillion reconciliation package they have reached overnight that would expand Medicare benefits, boost federal safety net programs and combat climate change. Drew Angerer via Getty Images WASHINGTON — President Joe Biden stepped up his bid to push his multitrillion-dollar domestic plans through …

At Biden's 100-Day Mark, Republicans Attempt To Paint His Policies As Far Left
3 years, 7 months ago

At Biden's 100-Day Mark, Republicans Attempt To Paint His Policies As Far Left

NPR  

At Biden's 100-Day Mark, Republicans Attempt To Paint His Policies As Far Left Enlarge this image toggle caption J. Scott Applewhite/AP J. Scott Applewhite/AP Congressional Republicans are painting President Biden as captive to the progressive wing of his party despite the popularity of his major initiatives in his first 100 days in office. GOP leaders, and those thinking about running …

Joe Manchin defends effort to stall Democrats’ stimulus plan
3 years, 9 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 signs off on tighter eligibility for $1,400 stimulus checks
3 years, 9 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 American Rescue Stimulus Plan Provides $1,400 Checks : The Indicator from Planet Money : NPR
3 years, 9 months ago

Biden American Rescue Stimulus Plan Provides $1,400 Checks : The Indicator from Planet Money : NPR

NPR  

The Biden Relief Bill: Who Gets What Enlarge this image Alex Wong/Getty Images Alex Wong/Getty Images Right now, a bill that would spend roughly 1.9 trillion dollars into the economy is making its way through Congress. This is a big bill — at almost two trillion dollars, it's one of the biggest spending bills in American history, equal to roughly …

Biden’s stimulus effort hits the runway
3 years, 9 months ago

Biden’s stimulus effort hits the runway

CNN  

CNN — The House has passed the biggest piece of legislative work in the Biden administration thus far, all ahead of the March 14 deadline when some pandemic-era unemployment benefits expire. The $1.9 trillion Covid-19 relief package is still massive – but it’s slightly less of a lift for Democratic leaders charging toward a speedy passage now that the $15 …

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 …

Biden backs stimulus cheque income limits in CEO meeting
3 years, 10 months ago

Biden backs stimulus cheque income limits in CEO meeting

Al Jazeera  

United States President Joe Biden told a group of business leaders gathered at the White House on Tuesday that he supports phasing out stimulus payments for individuals earning more than $75,000 and households earning more than $150,000. United States President Joe Biden said on Tuesday he agreed with a proposal by Democratic lawmakers that would limit or phase out stimulus …

Biden flexible on who gets aid, tells lawmakers to ‘go big’
3 years, 10 months ago

Biden flexible on who gets aid, tells lawmakers to ‘go big’

Associated Press  

WASHINGTON — President Joe Biden encouraged Democratic lawmakers to “act fast” on his $1.9 trillion COVID rescue plan but also signaled he’s open to changes, including limiting the proposed $1,400 direct payments to Americans with lower income levels, which could draw Republican support. Biden told lawmakers in private comments Wednesday that he’s “not married” to an absolute number for the …

Letters to the Editor: Joe Biden needs to tell Republicans to get out of his way on COVID relief
3 years, 10 months ago

Letters to the Editor: Joe Biden needs to tell Republicans to get out of his way on COVID relief

LA Times  

To the editor: President Biden has to do something right now. Our problems now include a sputtering economy, poor race relations, too many voters believing made-up conspiracy theories and lies, hate groups growing and arming for revolution, a dysfunctional government, and a virus that’s mutating. Small looks like compromise, like doing a little something here and a little something there. …

Biden tells House Democrats to ‘stick together’ in Covid-19 relief push, signals willingness to narrow stimulus checks
3 years, 10 months ago

Biden tells House Democrats to ‘stick together’ in Covid-19 relief push, signals willingness to narrow stimulus checks

CNN  

CNN — President Joe Biden told House Democrats on a conference call Wednesday he is open to narrowing the distribution of $1,400 stimulus checks in his Covid-19 relief proposal to focus on poor and middle-class people, according to audio of the call obtained by CNN “I think we can better target the number,” he said, according to the recording. So, …

Biden says he won’t budge on $1,400 stimulus cheques
3 years, 10 months ago

Biden says he won’t budge on $1,400 stimulus cheques

Al Jazeera  

President Joe Biden on Wednesday told House Democrats he’s ‘not married’ to an absolute number on his proposed $1.9 trillion stimulus package, but he wants it to include $1,400 direct cash payments. United States President Joe Biden told House Democrats on Wednesday that he’s “not married” to an absolute number on his $1.9 trillion COVID-19 rescue plan, but Congress needs …

Biden leans on his Capitol Hill experience while pitching big Covid-19 relief deal
3 years, 10 months ago

Biden leans on his Capitol Hill experience while pitching big Covid-19 relief deal

CNN  

Washington CNN — President Joe Biden is relying on his Capitol Hill years to convince former colleagues to move quickly on his debut legislative effort, waging an intensive push for the sweeping Covid-19 rescue package he hopes can garner Republican support. “I think we’ll get some Republicans,” Biden said at the start of his Oval Office meeting on Wednesday, though …

Biden, Yellen say GOP virus aid too small, Democrats push on
3 years, 10 months ago

Biden, Yellen say GOP virus aid too small, Democrats push on

Associated Press  

WASHINGTON — President Joe Biden panned a Republican alternative to his $1.9 trillion COVID rescue plan as insufficient Tuesday 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 Senate majority, …

US economy: Joe Biden doesn’t have a magic wand to fix it
3 years, 11 months ago

US economy: Joe Biden doesn’t have a magic wand to fix it

CNN  

New York CNN Business — Joe Biden last week proposed a $1.9 trillion stimulus bill, part of a historically ambitious plan to combat an economic crisis. “This is a very large package, but it’s about helping the economy hang together as well as it can hang together until the end of the pandemic,” said Mark Zandi, chief economist at Moody’s …

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’s aid plan could revamp economy, prompt GOP resistance
3 years, 11 months ago

Biden’s aid plan could revamp economy, prompt GOP resistance

Associated Press  

BALTIMORE — The $1.9 trillion rescue plan unveiled by President-elect Joe Biden offers the chance to sculpt the U.S. economy toward the Democrats’ liking: a $15 minimum wage, aid to poor families and federal dollars going to public schools. “But President-elect Biden is an astute student of the Senate and negotiations and I have a feeling that they would expect …

Joe Biden’s First COVID-Relief Bill Isn’t Screwing Around
54 years, 11 months ago

Joe Biden’s First COVID-Relief Bill Isn’t Screwing Around

Slate  

Joe Biden does indeed want to go big. The president-elect is proposing a new, $1.9 trillion coronavirus relief package on Thursday night as the first item on his to-do list in office, a plan aimed at speeding up the vaccination rollout while providing vast amounts of financial support to households as well as state and local governments. The bill Donald …

President-Elect Joe Biden To Unveil Plan To Pump $1.9 Trillion Into Pandemic-Hit Economy
3 years, 11 months ago

President-Elect Joe Biden To Unveil Plan To Pump $1.9 Trillion Into Pandemic-Hit Economy

News 18  

President-elect Joe Biden will unveil a $1.9 trillion stimulus package proposal on Thursday designed to jump-start the economy and speed up the U.S. response to the coronavirus pandemic, officials said. The package includes $415 billion to bolster the response to the virus and the rollout of COVID-19 vaccines, some $1 trillion in direct relief to households, and roughly $440 billion …

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 …

US debt surged by $7 trillion under Trump. It will go much higher under Biden
3 years, 11 months ago

US debt surged by $7 trillion under Trump. It will go much higher under Biden

CNN  

New York CNN Business — President Donald Trump certainly lived up to his self-proclaimed status as the King of Debt during his term in office. “It seems quite premature to say we need another $2 trillion now given what we just passed,” said Maya MacGuineas, president of the Committee for a Responsible Federal Budget, a bipartisan fiscal watchdog group. Still, …

Senate GOP stalls Democrats’ push for $2,000 stimulus checks
3 years, 11 months ago

Senate GOP stalls Democrats’ push for $2,000 stimulus checks

LA Times  

On Tuesday, Senate Majority Leader Mitch McConnell blocked an attempt to vote on whether to increase the amount of stimulus checks from $600 to $2,000. President Trump’s push for bigger, $2,000 COVID-19 relief checks stalled out Tuesday in the Senate as Republicans blocked a swift vote proposed by Democrats and split within their own ranks over whether to boost spending …

House Passes $2,000 Coronavirus Stimulus Check Legislation
3 years, 11 months ago

House Passes $2,000 Coronavirus Stimulus Check Legislation

Huff Post  

LOADING ERROR LOADING After President Donald Trump reluctantly signed the coronavirus relief legislation Sunday night, House Democrats still moved ahead Monday with passing new legislation to increase stimulus checks to $2,000 for most Americans, putting Republicans on the record as opposing the increase in direct payments. The House passed the stimulus check legislation 275-134, with 130 Republicans, two Democrats and …

Trump Threatens Not To Sign COVID-19 Bill, Wants Bigger Checks
4 years ago

Trump Threatens Not To Sign COVID-19 Bill, Wants Bigger Checks

Huff Post  

LOADING ERROR LOADING WASHINGTON — After spending months on the sidelines while Congress tried to pass a coronavirus relief bill, President Donald Trump finally inserted himself into the conversation Tuesday night, seemingly with a veto threat, after lawmakers had already reached a deal, passed the bill and left town. If Congress doesn’t send a suitable replacement to his desk, the …

Stimulus checks: Hill leaders eye second round of aid as part of $900 billion Covid relief deal
4 years ago

Stimulus checks: Hill leaders eye second round of aid as part of $900 billion Covid relief deal

CNN  

Washington CNN — Congressional leaders, after months of a bitter stalemate and as millions of Americans have been eager for relief, are finally indicating they’re nearing a deal on a new rescue package that could pass both chambers within days. The price tag for a stimulus deal could be close to $900 billion, a source familiar tells CNN, though many …

Lawmakers say COVID-19 relief bill won’t offer $1,200 checks
4 years ago

Lawmakers say COVID-19 relief bill won’t offer $1,200 checks

Associated Press  

WASHINGTON — With time running out, lawmakers on Sunday closed in on a proposed COVID-19 relief bill that would provide roughly $300 in extra federal weekly unemployment benefits but not another round of $1,200 in direct payments to most Americans, leaving that issue for President-elect Joe Biden to wrestle over with a new Congress next year. “The Democrats have always …

US Treasury Secy Mnuchin moves to restart stimulus talks with Democrats
4 years, 1 month ago

US Treasury Secy Mnuchin moves to restart stimulus talks with Democrats

Live Mint  

Treasury Secretary Steven Mnuchin is trying to revive stalled stimulus talks with congressional Democrats, the first sign in weeks of possible movement on virus relief in the waning days of the Trump administration. Mnuchin said he’ll talk with Senate Majority Leader Mitch McConnell and House GOP leader Kevin McCarthy on Friday about about a strategy for an approach to Speaker …

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