TOKYO—Japan’s cabinet on Friday approved an economic stimulus package worth more than $140 billion, in Prime Minister Shigeru Ishiba’s latest push to tackle inflation and boost growth after his coalition suffered a bruising electoral defeat last month. The package totalling 21.9 trillion yen, equivalent to $141.71 billion, is aimed at easing rising living costs and promoting business innovation and investment. …
CNN — President Joe Biden and a group of 10 Republican senators have very different ideas for the next coronavirus relief bill. Biden’s plan would cost $465 billion, according to the non-partisan Committee for a Responsible Federal Budget, while the Republicans say their measure would cost an estimated $220 billion. GOP: The senators would also extend enhanced food stamp benefits …
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 …
CNN — Bigger stimulus checks. Enhanced unemployment aid Biden would increase the federal boost the jobless receive to $400 a week, from the $300 weekly enhancement contained in Congress’ relief package from December. More money for child care and child tax credits The plan calls on Congress to create a $25 billion emergency fund and add $15 billion to an …
Washington CNN — President Donald Trump signed on Sunday evening a $900 billion pandemic relief bill into law that includes enhanced unemployment benefits and direct cash payments. Also, the package extends by 11 weeks two other pandemic unemployment programs that were created in the CARES Act in March and were set to expire at year’s end. The Pandemic Unemployment Assistance …
