Economy

Problem Solvers Release Reopening and 'Back to Work' Checklist
Congress
Problem Solvers Release Reopening and 'Back to Work' Checklist
2020-04-21 20:55:29
by Dan McCue

WASHINGTON - The bipartisan Problem Solvers Caucus has released a lengthy checklist it hopes will help guide the White House and congressional leaders as they continue to work toward fully reopening the U.S. economy. While the caucus, which has 25... Read More

White House, Congress Reach Bipartisan Deal on $500 Billion Virus Relief Bill
Economy
White House, Congress Reach Bipartisan Deal on $500 Billion Virus Relief Bill
2020-04-21 20:42:37
by Dan McCue

WASHINGTON - Congressional negotiators and the White House reached agreement Tuesday on a $500 billion coronavirus relief bill that includes $331 billion to replenish a small business rescue fund while also providing an additional $75 billion to hospitals. The new... Read More

Blue Dogs Call on Administration to Prioritize Community-Based Financial Institutions
Economy
Blue Dogs Call on Administration to Prioritize Community-Based Financial Institutions
2020-04-21 20:33:38
by Dan McCue

WASHINGTON - The Blue Dog Coalition urged the Trump administration Tuesday to fix problems community-based financial institutions are encountering as they try to access the Paycheck Protection Program. In a letter to Treasury Secretary Steven Mnuchin and Jovita Carranza, administrator... Read More

Oil Spirals Below Zero in ‘Devastating Day’ for Global Industry
Energy
Oil Spirals Below Zero in ‘Devastating Day’ for Global Industry

The day started like any other gloomy Monday in the oil market’s worst crisis in a generation. It ended with prices falling below zero, thrusting markets into a parallel universe where traders were willing to pay $40 a barrel just... Read More

Senate Stalls On More Coronavirus Funds for Small Businesses
Economy
Senate Stalls On More Coronavirus Funds for Small Businesses

WASHINGTON — Congressional leaders and the White House remained at stalemate Monday over an emergency coronavirus package to replenish a small business assistance program that ran out of funds last week, even as critics said misuse of the popular loan... Read More

Senators Make Bipartisan Push for Local News Media Support
Economy
Senators Make Bipartisan Push for Local News Media Support
2020-04-20 19:25:12
by Dan McCue

WASHINGTON - A bipartisan quartet of Senators is urging the chamber's leadership to support aid to local newspaper, radio and television stations in the next iteration of the federal Paycheck Protection Program. In a letter sent to Senate Majority Leader... Read More

The Backlash Against the Quarantine Has Begun in Pennsylvania
State News
The Backlash Against the Quarantine Has Begun in Pennsylvania

PHILADELPHIA — Everyone wants life to get back to normal, to have their hair cut or get a sunburn at a baseball game, to go to work, and walk shoulder-to-shoulder in a park. Some people want all of that now,... Read More

Gas Selling for Under $1 Per Gallon in 13 States
In The News
Gas Selling for Under $1 Per Gallon in 13 States

Gas is selling at drastically reduced prices in the United States as people continue to quarantine themselves indoors due to coronavirus. In a whopping 13 states, gas could be found for less than $1 per gallon as of late last... Read More

Virus Payments Hit Glitches as IRS Sends Billions to Americans
Economy
Virus Payments Hit Glitches as IRS Sends Billions to Americans

WASHINGTON — Errors are turning up in the Internal Revenue Service’s $1,200 payments to households this week, with some people receiving too little, a handful getting more than expected and some seeing their payment go into an unrecognizable bank account.... Read More

Governors Will Ease Coronavirus Restrictions Under White House Plan
State News
Governors Will Ease Coronavirus Restrictions Under White House Plan

WASHINGTON — Claiming that the worst of the coronavirus outbreak has passed, President Donald Trump outlined a broad road map Thursday for each state to begin phasing out restrictions that have forced tens of millions of Americans to stay home... Read More

Trump Unveils Phased Approach to Reopening Economy
Economy
Trump Unveils Phased Approach to Reopening Economy

WASHINGTON (AP) — New White House guidelines outline a phased approach to restoring normal commerce and services, but only for places with strong testing and seeing a decrease in COVID-19 cases. President Donald Trump unveiled his administration's plans to ease... Read More

Kilmer, Murphy Among Those Named to White House Task Force on Rebuilding American Economy
Economy
Kilmer, Murphy Among Those Named to White House Task Force on Rebuilding American Economy
2020-04-16 19:16:01
by Dan McCue

WASHINGTON - Reps Derek Kilmer, D-Wash., and Stephanie Murphy, D-Fla., are among the bipartisan group of congressional lawmakers named to a White House panel tasked with counseling the White House on when and how to get the economy moving again... Read More

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