Economy

Biden Aims for Quicker Shots, 'Independence From This Virus'
White House
Biden Aims for Quicker Shots, 'Independence From This Virus'

WASHINGTON (AP) — One year after the nation was brought to a near-standstill by the coronavirus, President Joe Biden pledged in his first prime-time address to make all adults eligible for vaccines by May 1 and raised the possibility of... Read More

Biden Signs $1.9 Trillion Relief Bill into Law
White House
Biden Signs $1.9 Trillion Relief Bill into Law
2021-03-11 20:05:46
by TWN Staff

WASHINGTON - President Biden on Thursday signed his $1.9 trillion coronavirus rescue package into law, marking a significant legislative accomplishment for the new president as he looks to shepherd the country through the pandemic.  Biden, who signed the bill alongside... Read More

Biden’s Speech Goals: Mourn Loss, Urge Caution, Offer Hope
White House
Biden’s Speech Goals: Mourn Loss, Urge Caution, Offer Hope

WASHINGTON (AP) — Marking a year of loss and disruption, President Joe Biden will use his first prime-time address since taking office to steer the nation toward a hungered-for sentiment — hope — in the "next phase" of the fight... Read More

From Job Cuts to Online Commerce, Virus Reshaped US Economy
Economy
From Job Cuts to Online Commerce, Virus Reshaped US Economy

WASHINGTON (AP) — At first, it was expected to be brief. At least that was the hope.  Instead, a once-in-a-century pandemic has ground on for a year, throwing millions out of work and upending wide swathes of the American economy.... Read More

House Passes $1.9 Trillion COVID Relief Package
Congress
House Passes $1.9 Trillion COVID Relief Package
2021-03-10 20:49:02
by Dan McCue

WASHINGTON - The House voted 220-211 on Wednesday to approve the Senate's revised version of President Biden's $1.9 trillion coronavirus relief package, sending the bill to the president's desk to be signed. The passage of Biden's "American Rescue Plan" is... Read More

Yellen Encourages ‘The Age of Womenomics’
Economy
Yellen Encourages ‘The Age of Womenomics’
2021-03-10 14:23:38
by Kate Michael

WASHINGTON —Treasury Secretary Janet Yellen grew up surrounded by hardships endured during the Great Depression. Her father’s medical practice was located inside the family home, so she not only heard stories from the patients but also saw firsthand the result... Read More

Biden's Big Relief Package a Bet Gov't Can Help Cure America
White House
Biden's Big Relief Package a Bet Gov't Can Help Cure America

WASHINGTON (AP) — President Joe Biden wants America to know that he's from the government and he's here to help. That sentiment became a well-worn punchline under Ronald Reagan and shaped the politics of both parties for four decades. Democrat... Read More

Child Tax Credit Expansion Sets Up Showdown With GOP
Congress
Child Tax Credit Expansion Sets Up Showdown With GOP

WASHINGTON (AP) — The massive coronavirus relief plan making its way to President Joe Biden's desk includes a plan to temporarily raise the child tax credit that could end up permanently changing the way the country deals with child poverty.... Read More

Once COVID is Slain, Sustainable Budgets Must Be Priority
Federal Budget
Once COVID is Slain, Sustainable Budgets Must Be Priority
2021-03-05 15:25:44
by TWN Staff

WASHINGTON - A Congressional Budget Office report estimating that persistent budget deficits will cause the federal debt to double in size over the next 30 years, "provides a troubling snapshot of America’s fiscal outlook, which we know will only get... Read More

Senate Nears Relief Bill Votes After Half-Day GOP Delay
In The News
Senate Nears Relief Bill Votes After Half-Day GOP Delay

WASHINGTON (AP) — The Senate steered on Friday toward a voting marathon on Democrats' $1.9 trillion COVID-19 relief bill after enduring an extraordinary half-day holdup forced by a Republican foe of President Joe Biden's top legislative priority. The chamber planned... Read More

Face Masks Are Piling Up In Warehouses, Indy Makers Say
Health
Face Masks Are Piling Up In Warehouses, Indy Makers Say
2021-03-04 20:54:19
by Dan McCue

AUSTIN, Texas – It was a dire situation that Lloyd Armbrust can almost laugh about now.  A global pandemic had swept across the United States, a baby was on the way, and Armbrust, hard as he tried, could not find... Read More

Dems Tighten Relief Benefits, Firm Up Support for Virus Bill
In The News
Dems Tighten Relief Benefits, Firm Up Support for Virus Bill

WASHINGTON (AP) — President Joe Biden and Democrats agreed to tighten eligibility limits for stimulus checks, bowing to party moderates as leaders prepared to move their $1.9 trillion COVID-19 relief bill through the Senate. At the same time, the White... Read More

Airlines Say They Will Fail Without More Federal Aid
Travel
Airlines Say They Will Fail Without More Federal Aid
2021-03-03 14:57:17
by Tom Ramstack

WASHINGTON -- Airline industry officials made a plea Tuesday for additional federal assistance to help their deeply wounded businesses recover from the COVID-19 pandemic. They asked a congressional committee for another round of Payroll Support Program funds, not only to... Read More

Biden Urges Senate Dems to Rally Behind $1.9T Virus Bill
Congress
Biden Urges Senate Dems to Rally Behind $1.9T Virus Bill

WASHINGTON (AP) — President Joe Biden urged Senate Democrats to rally behind a $1.9 trillion COVID-19 relief bill and stood by his proposed $1,400 payments to individuals, even as some party moderates sought to dial back parts of the package."He... Read More

Texas Ends Statewide Mask Mandate, Opens State 100%
In The States
Texas Ends Statewide Mask Mandate, Opens State 100%
2021-03-02 21:21:29
by TWN Staff

LUBBOCK, Texas – Texas Gov. Greg Abbott rescinded the state’s face mask mandate Tuesday afternoon, declaring that it’s time for Texans to get back to business.   “Under no circumstance can someone be punished for not wearing a mask,” Abbott said... Read More

Apprenticeships Benefit Individuals and Employers
Employment
Apprenticeships Benefit Individuals and Employers
2021-03-02 16:23:22
by Victoria Turner

WASHINGTON - The Department of Labor’s apprenticeship programs benefit individuals seeking to master skills while gainfully employed, and provides employers with the talent needed to fill the current workforce shortage, according to two Congressmen yesterday. Apprenticeships differ from paid internships... Read More

Minimum Wage Hike All But Dead in Big COVID Relief Bill
In The News
Minimum Wage Hike All But Dead in Big COVID Relief Bill

WASHINGTON (AP) — Democrats' hopes of including a minimum wage increase in their $1.9 trillion COVID-19 relief bill seemed all but dead as the Senate prepared to debate its own version of the House-passed aid package.  Four days after the... Read More

House Passes $1.9 Trillion COVID Relief Package
Congress
House Passes $1.9 Trillion COVID Relief Package
2021-02-27 17:52:49
by Dan McCue

WASHINGTON – The House passed a $1.9 trillion coronavirus relief package in the wee hours of Saturday morning, helping President Joe Biden clear the first hurdle in passing an economic stimulus bill that includes $1,400 in direct payments to U.S.... Read More

A New Mayor Champions Keeping COVID-Impacted Families In Their Homes
In The States
A New Mayor Champions Keeping COVID-Impacted Families In Their Homes
2021-02-26 18:19:37
by Dan McCue

BOISE, Idaho – To the outsider, it seems like a movie that has a bizarre twist just as the heroine should be taking her victory lap.  Lauren Stein McLean, an entrepreneur who had served on Boise, Idaho’s city council for... Read More

House to Vote on Virus Bill; Arbiter Says Wage Hike a No-Go
In The News
House to Vote on Virus Bill; Arbiter Says Wage Hike a No-Go

WASHINGTON (AP) — Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday, despite a setback that means a minimum wage boost is unlikely to be in the final version that reaches President Joe... Read More

US Jobless Claims Fall to 730,000 But Layoffs Remain High
Economy
US Jobless Claims Fall to 730,000 But Layoffs Remain High

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell sharply last week but remained high by historical standards.  Applications for benefits declined 111,000 from the previous week to a seasonally adjusted 730,000, the Labor Department said Thursday. It... Read More

Fauci: Whatever Vaccine is Available, Take It
Health
Fauci: Whatever Vaccine is Available, Take It

WASHINGTON — Dr. Anthony Fauci says if a coronavirus vaccine is available, regardless of which one, take it. The top U.S. infectious disease expert told NBC on Thursday a third vaccine becoming available “is nothing but good news” and would... Read More

GOP Rallies Solidly Against Democrats' Virus Relief Package
Congress
GOP Rallies Solidly Against Democrats' Virus Relief Package

WASHINGTON (AP) — Republicans rallied solidly against Democrats' proposed $1.9 trillion COVID-19 relief bill as lawmakers awaited a decision by the Senate's parliamentarian that could bolster or potentially kill a pivotal provision hiking the federal minimum wage.  Despite their paper-thin congressional majorities,... Read More

Retailers and Restaurants Take Control of Their Future
Economy
Retailers and Restaurants Take Control of Their Future
2021-02-25 15:07:38
by Sara Wilkerson

Retailers and restaurants are taking control of their future by adapting to evolving consumer behaviors via technology use and operating efficiencies says a new study released from Square Inc. Square’s “Future of Retail” and “Future of Restaurants” reports provide a... Read More

Biden to Order a Review of US Supply Chains for Vital Goods
White House
Biden to Order a Review of US Supply Chains for Vital Goods

WASHINGTON (AP) — President Joe Biden is preparing to sign an executive order to review U.S. supply chains for large-capacity batteries, pharmaceuticals, critical minerals and semiconductors that power cars, phones, military equipment and other goods.  The United States has become... Read More

$1400 Check Could be Coming Your Way Soon
Congress
$1400 Check Could be Coming Your Way Soon
2021-02-22 21:47:26
by Reece Nations

WASHINGTON — The House Budget Committee approved reconciliations to President Joe Biden’s proposed $1.9 trillion novel coronavirus relief legislation Monday, setting in motion the bill’s final vote in the full House of Representatives expected to follow this week.  If enacted,... Read More

Biden Boosts Pandemic Lending to Smallest of Small Businesses
Economy
Biden Boosts Pandemic Lending to Smallest of Small Businesses
2021-02-22 18:22:30
by TWN Staff

President Joe Biden is extending federal pandemic assistance to the smallest of the nation's small businesses and taking steps to ensure funds reach minority and woman-owned businesses. The steps announced Monday morning are intended to bring more equity to the... Read More

Economic Challenges Difficult, Not Insurmountable
Economy
Economic Challenges Difficult, Not Insurmountable
2021-02-22 17:54:19
by Kate Michael

WASHINGTON — According to experts convened by the political advocacy group The Concord Coalition, the nation’s long standing fiscal, monetary, and economic challenges were made more difficult by the pandemic, but they are not insurmountable.  Leaders from the Congressional Budget... Read More

NewDEAL Forum Releases Agenda for COVID Recovery
Economy
NewDEAL Forum Releases Agenda for COVID Recovery
2021-02-19 19:45:09
by TWN Staff

WASHINGTON - Recognizing the vital role of state and local government in achieving President Biden’s charge for our country to Build Back Better, the NewDEAL Forum released policy recommendations Thursday for responding to immediate crises and addressing long-term challenges exacerbated... Read More

As Momentum Builds, Analysts Discuss Proposals for a Basic Child Allowance
Child Care
As Momentum Builds, Analysts Discuss Proposals for a Basic Child Allowance
2021-02-19 15:21:17
by Kate Michael

WASHINGTON — With proposals by both the Biden Administration and Sen. Mitt Romney coming to the table in early 2021, prospects for an American child allowance have their strongest-ever chance of coming to fruition. Both plans create a new child... Read More

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