Economy

O'Halleran, A Warrior for Job Creation, Seeks Solar Energy Training for Veterans
Employment
O'Halleran, A Warrior for Job Creation, Seeks Solar Energy Training for Veterans
2020-03-19 15:02:34
by Dan McCue

WASHINGTON - Rep. Tom O'Halleran, D-Ariz., is no stranger to fighting to create jobs and a stronger economy for all Americans. His latest effort in this area is co-sponsoring bipartisan legislation to foster workforce training for transitioning military personnel in... Read More

Sherrill Fights for Local Families by Rolling Back Tax Deduction Caps
Economy
Sherrill Fights for Local Families by Rolling Back Tax Deduction Caps
2020-03-19 14:59:19
by Dan McCue

WASHINGTON - Rep. Mikie Sherrill, D-N.J., knew it would be a crippling blow to her constituents and the local economy. It had been bad enough when the Republican Tax Cut and Jobs Act enacted in 2017 capped the deduction middle... Read More

Rice Leads Bipartisan Effort to Address Shortage of Support Professionals
Employment
Rice Leads Bipartisan Effort to Address Shortage of Support Professionals
2020-03-19 14:56:33
by Dan McCue

WASHINGTON - Rep. Kathleen Rice, D-N.Y., is one of the leaders in a bipartisan effort to address an oft-overlooked area of jobs development -- the dramatic shortage of support professionals to work with the disabled. Rice, along with Reps. Peter... Read More

Murphy, Cunningham Urge Leadership to Suspend Tariffs During Coronavirus Crisis
Economy
Murphy, Cunningham Urge Leadership to Suspend Tariffs During Coronavirus Crisis
2020-03-19 14:48:30
by Dan McCue

WASHINGTON - Reps. Stephanie Murphy, D-Fla., and Joe Cunningham, D-S.C., have written a letter to the Congressional leadership, urging them to temporarily suspend tariffs imposed by the White House as part of Congress’ upcoming coronavirus response bill. Both Murphy, a... Read More

Kudlow Says Government Could Take Equity Stakes in Companies That Want Aid
Business
Kudlow Says Government Could Take Equity Stakes in Companies That Want Aid

WASHINGTON — The White House’s top economic adviser, Larry Kudlow, said the administration may consider asking for an equity stake in corporations that want coronavirus aid from taxpayers. “One of the ideas is, if we provide assistance, we might take... Read More

White House Seeks $1 Trillion Economic Stimulus, Including Payouts to Americans
Economy
White House Seeks $1 Trillion Economic Stimulus, Including Payouts to Americans

WASHINGTON — The Trump administration on Tuesday proposed a $1 trillion economic stimulus package to counter the effects of the coronavirus, including relief for small businesses and the airline industry, and sizable checks for Americans in the next two weeks.... Read More

Recession is Coming; the Only Questions Now Are How Soon and How Deep?
Economy
Recession is Coming; the Only Questions Now Are How Soon and How Deep?

WASHINGTON — When the world’s largest economy begins to shut down — closing schools, sports arenas and entire categories of businesses, and sending millions of American workers home — it’s no longer a question of whether a recession may be... Read More

Congress Begins Work on Third Economic Stimulus Bill for The Coronavirus Crisis
Economy
Congress Begins Work on Third Economic Stimulus Bill for The Coronavirus Crisis

WASHINGTON — Lawmakers began negotiating a third economic stimulus bill to prevent the U.S. economy from cracking under the weight of the coronavirus epidemic even as efforts stalled Monday to finish work on a second bill that passed the House... Read More

US Airlines Seeking Nearly $60 Billion to Sustain Industry During Virus Outbreak
Business
US Airlines Seeking Nearly $60 Billion to Sustain Industry During Virus Outbreak
2020-03-16 21:56:18
by Dan McCue

WASHINGTON - U.S. Airlines are asking for close to $60 billion in government assistance to help them deal with industry travails associated with the ongoing coronavirus outbreak. Airlines for America, the trade association that represents Delta, United, American and Southwest,... Read More

Fauci Says Americans Must Be Prepared to Hunker Down More
Health
Fauci Says Americans Must Be Prepared to Hunker Down More

WASHINGTON — Americans must be ready for more drastic steps to slow the march of the coronavirus pandemic in the U.S., Dr. Anthony Fauci said Sunday. “Americans should be prepared that they are going to have to hunker down significantly... Read More

Fed Takes Emergency Steps to Slash Rates and Ease Bank Rules
Federal Reserve
Fed Takes Emergency Steps to Slash Rates and Ease Bank Rules

WASHINGTON (AP) — The Federal Reserve took massive emergency action Sunday to try to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage... Read More

House Strikes Deal With White House, Passes Sweeping Coronavirus Relief Package
Economy
House Strikes Deal With White House, Passes Sweeping Coronavirus Relief Package
2020-03-16 13:15:06
by Dan McCue

WASHINGTON - The House passed an emergency spending package in overwhelmingly bipartisan fashion Saturday morning, just hours after reaching an agreement with the White House on the next steps in addressing the unfolding coronavirus outbreak. The vote on the 110-page... Read More

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