Economy

Fauci Warns Senate Panel of
Health
Fauci Warns Senate Panel of "Really Serious" Consequences to Fast Reopening
2020-05-12 19:11:48
by Dan McCue

WASHINGTON - Dr. Anthony Fauci, the government's top infectious disease expert, told a Senate panel on Tuesday there could be "really serious" consequences to states and cities across the United States reopening their economies too quickly. He told the Senate... Read More

Economic Blow of the Coronavirus Hits America’s Already Stressed Farmers
Agriculture
Economic Blow of the Coronavirus Hits America’s Already Stressed Farmers

Richard Oswald, still mourning the loss of his family’s homestead to flooding along the Missouri River, is planting corn and soybeans into ground that last year was feet deep underwater. It’s probably good, he said, to not have too much... Read More

Governors of 5 States Call for $1 Trillion in Federal Relief
State News
Governors of 5 States Call for $1 Trillion in Federal Relief

SACRAMENTO, Calif. — California Gov. Gavin Newsom and his counterparts in four Western states on Monday asked Congress for $1 trillion in COVID-19 pandemic relief for all states and local governments. Newsom joined with the governors of Oregon, Washington, Nevada... Read More

Rodney Davis, Fighting a Pandemic at Home and in DC
Spotlight
Rodney Davis, Fighting a Pandemic at Home and in DC
2020-05-08 14:12:00
by Dan McCue

It was cold and rainy in Taylorville, Illinois as Rep. Rodney Davis answered his phone to discuss the new normal that comes with living through a pandemic. As Davis spoke, his wife Shannon was working as a practicing nurse at... Read More

White House Rejects CDC Reopening Guidance as Too Prescriptive
In The News
White House Rejects CDC Reopening Guidance as Too Prescriptive

WASHINGTON — The White House blocked the Centers for Disease Control and Prevention from issuing specific guidance for U.S. day cares, restaurants, churches, theaters and other businesses to reopen from the coronavirus outbreak out of concern the recommendations were too... Read More

Jobless Rate Spikes to 14.7%, Highest Since Great Depression
Employment
Jobless Rate Spikes to 14.7%, Highest Since Great Depression

WASHINGTON (AP) — The U.S. unemployment rate hit 14.7% in April, the highest rate since the Great Depression, as 20.5 million jobs vanished in the worst monthly loss on record. The figures are stark evidence of the damage the coronavirus... Read More

Governors Disregarding White House Guidelines on Reopening
State News
Governors Disregarding White House Guidelines on Reopening

Many governors across the U.S. are disregarding or creatively interpreting White House guidelines for safely easing restrictions and letting businesses reopen amid the coronavirus pandemic, an Associated Press analysis found. The AP determined that 17 states did not meet a... Read More

Employers Eliminated More Than 20 Million Jobs in April, Report Says
Economy
Employers Eliminated More Than 20 Million Jobs in April, Report Says
2020-05-06 20:35:01
by Dan McCue

WASHINGTON - U.S. private sector employers cut 20.2 million jobs from their payrolls in April, a stunning sign of just what the coronavirus outbreak has done to the economy in a relatively short time. In a report released Wednesday, ADP,... Read More

Federal Courts Seek More Money and Judges in Next COVID-19 Bill
Economy
Federal Courts Seek More Money and Judges in Next COVID-19 Bill

WASHINGTON — The federal courts asked Congress for an additional $36.6 million and more judge positions in the wake of the COVID-19 outbreak, for safety and to handle the backlog of cases that will be delayed until after it is... Read More

Trump Officials Ignored Coronavirus Warnings, Ousted Scientist Says in Complaint
Health
Trump Officials Ignored Coronavirus Warnings, Ousted Scientist Says in Complaint

WASHINGTON — Top Trump administration health officials repeatedly ignored warnings in January and February about the need for masks and other protective equipment to prepare for a coronavirus outbreak, according to a detailed whistleblower complaint from a senior scientist ousted... Read More

Researchers Claim Reduced Traffic Caused by Pandemic Could Become Permanent
Transportation
Researchers Claim Reduced Traffic Caused by Pandemic Could Become Permanent
2020-05-06 12:47:10
by Gaspard Le Dem

WASHINGTON - The coronavirus pandemic has made life harder for Americans, but one of the few upsides of the crisis has been a massive reduction of traffic across the country. With fewer cars on the roads, Americans have enjoyed cleaner... Read More

Virginia Could Begin Long Walk Down Road to Post-Pandemic Normalcy in Mid-May
State News
Virginia Could Begin Long Walk Down Road to Post-Pandemic Normalcy in Mid-May
2020-05-05 21:34:44
by Dan McCue

Virginia Gov. Ralph Northam said Monday that while the coronavirus remains a serious problem, enough appears to be going right that the time has come to consider reopening the state's economy. During a briefing with reporters, Northam said the number... Read More

Restaurants Sue Insurance Companies for Business Losses from Pandemic
Litigation
Restaurants Sue Insurance Companies for Business Losses from Pandemic
2020-05-05 14:56:41
by Tom Ramstack

WASHINGTON - Restaurants are filing a surge of lawsuits against insurance companies as they seek coverage for business interruptions during the coronavirus shutdown. The insurance companies say their business interruption policies grant them exemptions for viruses that cause no physical... Read More

Trump Finds Skeptics Instead of Allies for Prize Payroll Tax Cut
Economy
Trump Finds Skeptics Instead of Allies for Prize Payroll Tax Cut

WASHINGTON — President Donald Trump has fixed his sights on getting a payroll tax cut in the next coronavirus stimulus bill, but it’s unclear whether he can get Republicans — much less Democrats — to go along with such a... Read More

Former ’Ebola Czar’ Discusses Administration’s COVID-19 Response
Think Tanks
Former ’Ebola Czar’ Discusses Administration’s COVID-19 Response
2020-05-04 19:28:53
by Kate Michael

WASHINGTON‌ ‌–‌ ‌Ron‌ ‌Klain,‌ ‌U.S.‌ ‌Ebola‌ ‌response‌ ‌coordinator‌ ‌from‌ ‌2014‌ ‌to‌ ‌2015,‌ ‌recently spoke‌ ‌to‌ ‌diplomats‌ ‌convened‌ ‌virtually‌ ‌by‌ ‌the‌ ‌Meridian‌ ‌International‌ ‌Center‌ ‌to‌ ‌share‌ ‌his‌ ‌lessons learned‌ ‌about‌ ‌pandemic‌ ‌management‌ ‌from‌ ‌the‌ ‌ongoing‌ ‌Ebola‌ ‌crisis.‌ ‌ Klain,‌ ‌informally‌ ‌dubbed‌... Read More

House‌ ‌Democrats‌ ‌Say‌ ‌Freezing‌ ‌WHO‌ ‌Funding‌ ‌Could‌ ‌Harm‌ ‌Venezuelans‌
Health
House‌ ‌Democrats‌ ‌Say‌ ‌Freezing‌ ‌WHO‌ ‌Funding‌ ‌Could‌ ‌Harm‌ ‌Venezuelans‌
2020-05-04 13:00:58
by Gaspard Le Dem

WASHINGTON‌ ‌-‌ ‌House‌ ‌Democrats‌ ‌urged‌ ‌the‌ ‌Trump‌ ‌administration‌ ‌on‌ ‌Friday‌ ‌to‌ ‌resume‌ ‌funding‌ ‌to‌ ‌the‌ ‌Pan‌ ‌American‌ ‌Health‌ ‌Organization,‌ ‌a‌ ‌regional‌ ‌branch‌ ‌of‌ ‌the‌ ‌World‌ ‌Health Organization‌ ‌that‌ ‌operates‌ ‌in‌ ‌Latin‌ ‌America.‌ ‌ In‌ ‌a‌ ‌letter‌ ‌to‌ ‌Secretary‌ ‌of‌ ‌State‌... Read More

Cunningham Convinces Wealthy Homeowners to Return $1 Million SBA Loan
Congress
Cunningham Convinces Wealthy Homeowners to Return $1 Million SBA Loan
2020-05-01 15:32:39
by Dan McCue

WASHINGTON - A wealthy homeowners association on exclusive Kiawah Island in South Carolina is returning a $1 million federal loan intended to help small businesses and nonprofits after being taken to task by Rep. Joe Cunningham, D-S.C. Cunningham, who is... Read More

Federal Reserve Expands Paycheck Protection Program to Add More Lenders
Economy
Federal Reserve Expands Paycheck Protection Program to Add More Lenders
2020-05-01 14:27:34
by Dan McCue

WASHINGTON - The Federal Reserve said Thursday it is expanding a program that helps the government provide stimulus loans to small businesses and is designed to keep workers on payrolls during the coronavirus pandemic. In a brief statement on its... Read More

Federal Reserve Expands Scope of Main Street Lending Program
Economy
Federal Reserve Expands Scope of Main Street Lending Program
2020-05-01 14:24:57
by Dan McCue

WASHINGTON - The Federal Reserve said Thursday it is expanding the scope and eligibility for the Main Street Lending Program, a vehicle created to help credit flow to small and medium-sized businesses that were in sound financial shape before the... Read More

Justice Department Sees Early Fraud Signs in SBA Loan Flurry
Criminal Justice
Justice Department Sees Early Fraud Signs in SBA Loan Flurry

The Justice Department has begun a preliminary inquiry into how taxpayer money was lent out under the Paycheck Protection Program and has already found possible fraud among businesses seeking relief, a top official said. Assistant Attorney General Brian Benczkowski, who... Read More

Trump Orders Meat Plants To Stay Open Amid Concerns For Worker Safety
Economy
Trump Orders Meat Plants To Stay Open Amid Concerns For Worker Safety
2020-04-30 15:41:04
by Gaspard Le Dem

WASHINGTON - Amid growing concerns that the coronavirus crisis could disrupt America’s food chain, President Donald Trump signed an executive order on Tuesday to keep meat and poultry processing plants open during the pandemic. Citing the Defense Production Act, which... Read More

AP-NORC Poll: Seeking Virus Data, People Struggle With Trust
Health
AP-NORC Poll: Seeking Virus Data, People Struggle With Trust

WASHINGTON (AP) — When John Manley tested positive for COVID-19, his sister urged him to get on the malaria drug that she'd heard Fox News hosts plugging and that President Donald Trump was heralding as a potential “game changer” for fighting the coronavirus.... Read More

Drug Proves Effective Against Virus as Economic Damage Rises
Health
Drug Proves Effective Against Virus as Economic Damage Rises

Scientists on Wednesday announced the first effective treatment against the coronavirus — an experimental drug that can speed the recovery of COVID-19 patients — in a major medical advance that came as the economic gloom caused by the scourge deepened... Read More

30 Million Have Sought US Jobless Aid Since Virus Hit
Economy
30 Million Have Sought US Jobless Aid Since Virus Hit

WASHINGTON (AP) — More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s. Roughly 30.3 million people have now filed... Read More

Stressed-Out Americans Are More Worried About Money Than Health
Opinion Polls
Stressed-Out Americans Are More Worried About Money Than Health

The coronavirus pandemic is causing Americans to worry more about their finances than health, according to a study by MetLife Inc., the largest U.S. life insurer. Money was the top concern for 52% of full-time U.S. workers, compared with 44%... Read More

Trump Halted Travel From Europe for 30 Days. Officials Now Say It Could Be Months
Travel
Trump Halted Travel From Europe for 30 Days. Officials Now Say It Could Be Months

WASHINGTON — Restrictions on travel from Europe to the United States introduced in March by President Donald Trump could last for months, despite his initial statement they would remain in place for 30 days, three senior administration officials told McClatchy.... Read More

US Economy Shrank at 4.8% Rate Last Quarter as Virus Struck
Economy
US Economy Shrank at 4.8% Rate Last Quarter as Virus Struck

WASHINGTON (AP) — The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record. The Commerce Department... Read More

Federal Reserve Extends Lending to Smaller US Cities and Counties
Economy
Federal Reserve Extends Lending to Smaller US Cities and Counties
2020-04-28 20:22:16
by Dan McCue

WASHINGTON - The Federal Reserve is expanding the eligibility criteria for a lending program intended to support the municipal bond market to allow small U.S. cities and municipalities to access needed funds from the central bank. The loosening of lending... Read More

Blue Dogs Back Bipartisan Bill to Establish Pandemic Response Commission
Congress
Blue Dogs Back Bipartisan Bill to Establish Pandemic Response Commission
2020-04-28 12:53:53
by Dan McCue

WASHINGTON - The Blue Dog Coalition of House Democrats endorsed a bipartisan bill on Monday that would establish a commission to assess the nation's readiness to deal with future pandemics. H.R. 6429, the National Commission on COVID-19 Act, was introduced... Read More

The US Reopening Is Coming, But 'Normal' Is Still a Ways Off
Economy
The US Reopening Is Coming, But 'Normal' Is Still a Ways Off

Everyone wants to know: When, oh when, will it go back to normal? As some governors across the United States begin to ease restrictions imposed to stop the spread of the coronavirus, hopes are soaring that life as Americans knew... Read More

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