Economy

GOP Stimulus Plan Bogged Down Despite Agreement with White House
Economy
GOP Stimulus Plan Bogged Down Despite Agreement with White House

WASHINGTON — Lingering differences among Senate Republicans and the White House stalled the rollout of their proposal for another pandemic relief package, and Majority Leader Mitch McConnell said the $1 trillion GOP plan won’t be ready until Monday. Lawmakers had... Read More

Senate Confronts China Threat to Beat Out U.S. Economy
Geopolitics
Senate Confronts China Threat to Beat Out U.S. Economy
2020-07-23 20:25:35
by Tom Ramstack

WASHINGTON - The U.S. Senate tried to figure out a response Wednesday to a trade war with China that is taking on new urgency during the coronavirus pandemic. Republican and Democratic senators identified Chinese computer hackers and patent thieves as... Read More

What Happens to the US Economy if the $600 Federal Unemployment Benefit Ends?
Economy
What Happens to the US Economy if the $600 Federal Unemployment Benefit Ends?

WASHINGTON — When the COVID-19 pandemic first drove the country into lockdown and tens of millions of workers lost their jobs, Congress voted to add $600 a week to whatever individual states paid in unemployment insurance. That extra money was... Read More

Senate Republicans, White House Near Agreement on Coronavirus Relief Package
Political News
Senate Republicans, White House Near Agreement on Coronavirus Relief Package

WASHINGTON — Senate Republicans and the Trump administration expect to unveil their COVID-19 relief plan Thursday after reaching agreement on key pieces late Wednesday. That package will no longer be one bill but a series of bills addressing the ongoing... Read More

Schneider, Katko Advocate for COVID PREPARE Act
Congress
Schneider, Katko Advocate for COVID PREPARE Act
2020-07-22 17:19:38
by Dan McCue

WASHINGTON - Reps. Brad Schneider, D-Ill., and John Katko, R-N.Y., introduced bipartisan legislation to require federal executive branch agencies to report to Congress on their planning to address a potential resurgence of the coronavirus outbreak. Under the provisions of the... Read More

With GOP Now on Board, Another Coronavirus Stimulus Check is Likely. But for How Much?
Economy
With GOP Now on Board, Another Coronavirus Stimulus Check is Likely. But for How Much?

WASHINGTON — Senate Republicans on Tuesday said they will include a new round of coronavirus stimulus payments in the upcoming pandemic relief bill, dramatically increasingly the likelihood that more checks will go out to help Americans combat the economic effects... Read More

Nurses Call on Senate to Protect Health Care Workers As Congress Spars Over Coronavirus Aid
Political News
Nurses Call on Senate to Protect Health Care Workers As Congress Spars Over Coronavirus Aid
2020-07-22 12:53:24
by Gaspard Le Dem

WASHINGTON -- Nurses from National Nurses United gathered at the U.S. Capitol on Tuesday morning to honor the lives of fellow health care workers who have died from the coronavirus, and to urge Congress to pass legislation to protect them... Read More

Bipartisan Bill Will Provide Tax Credit to Food and Beverage Distributors
Congress
Bipartisan Bill Will Provide Tax Credit to Food and Beverage Distributors
2020-07-21 19:23:40
by Dan McCue

WASHINGTON - Reps. Darin LaHood, R-Ill., and Jimmy Panetta, D-Calif., introduced a bill Tuesday providing a tax credit to food and beverage distributors to cover debt incurred for products shipped, but not yet paid for, due the coronavirus outbreak. The... Read More

McConnell Reveals Senate Relief Bill Will Include Stimulus Checks, School Funds
Congress
McConnell Reveals Senate Relief Bill Will Include Stimulus Checks, School Funds
2020-07-21 17:43:23
by Dan McCue

WASHINGTON - Senate Majority Leader Mitch McConnell, R-Ky., on Tuesday provided the most detailed description yet of what's going to be in the Republican-controlled Senate's next coronavirus relief proposal. Speaking on the floor of the Senate, McConnell said the GOP... Read More

Cisneros Co-Sponsors Bipartisan RESTAURANTS Relief Bill
Business
Cisneros Co-Sponsors Bipartisan RESTAURANTS Relief Bill
2020-07-21 14:10:16
by Sara Wilkerson

WASHINGTON - Rep. Gilbert Cisneros, Jr., D-Calif., is the co-sponsor of a bipartisan bill aimed at providing financial relief for independent, non-chain restaurants within the restaurant industry. The Real Economic Support That Acknowledges Unique Restaurant Assistance Needed to Survive Act... Read More

Trump, Congress Square Off Over Virus Aid as Crisis Worsens
Political News
Trump, Congress Square Off Over Virus Aid as Crisis Worsens

WASHINGTON (AP) — President Donald Trump acknowledged a “big flareup” of COVID-19 cases, but divisions between the White House and Senate Republicans and differences with Democrats posed fresh challenges for a new federal aid package with the U.S. crisis worsening and emergency... Read More

Poll: Pandemic Hurting Americans' Finances in Disparate Ways
Economy
Poll: Pandemic Hurting Americans' Finances in Disparate Ways

BURTON, Mich. (AP) — Crystal and Chris Martin put off some payments on their home in this blue-collar town near Flint and are pinching pennies to make ends meet until they return to work. In Windsor, Connecticut, Anne Druce's family... Read More

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