stimulus
WASHINGTON — If it seems like prices are going up for things like gas, groceries, vehicles, and houses, they are. The Consumer Price Index has risen by an average of 0.7% per month over the last three months, is now... Read More
WASHINGTON - Senate Majority Leader Mitch McConnell, R-Ky., blocked a bid by Democrats on Tuesday to hold a stand-alone vote on increasing the amount of recently agreed upon stimulus checks from $600 to $2,000. McConnell did not specifically explain why... Read More
WASHINGTON - Unemployment among the nation's travel sector workers has reached 51% heading into the Memorial Day weekend, as Americans continue to refrain from resuming their normal lives in the face of the slowly easing coronavirus pandemic, according to data... Read More
WASHINGTON -- Experts say that injecting federal money into America’s higher education system amid the coronavirus crisis could unintentionally lead to more profiteering in the industry. The pandemic has taken a significant toll on U.S. colleges and universities, shutting down... Read More
WASHINGTON - A bipartisan, bicameral effort is underway to provide hundreds of billions in funding to state and local governments reeling from the budgetary hit they've taken due to the coronavirus outbreak. The House bill introduced Monday by Reps. Josh... Read More
WASHINGTON - House Democrats rolled out their latest package of legislation intended to provide economic relief during the coronavirus pandemic while focusing on areas that were either missed or in need of revision in other aid packages. In a briefing... Read More
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
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
WASHINGTON — With unemployment claims topping 26 million in the last five weeks because of the coronavirus pandemic, the House voted Thursday to approve another half-trillion dollars in federal relief to replenish a depleted small-business loan program and provide money... Read More
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
WASHINGTON - Even before Congress had passed the third economic stimulus package of the coronavirus era on Friday, talk had turned to what should be included in a currently hypothetical, but no less likely, fourth stimulus bill. Among the welcome... Read More
The emerging $1 trillion aid package intended to help weather the COVID-19 economic storm appears likely to deliver $1,000 to every U.S. adult, plus $500 per child, according to Treasury Secretary Mnuchin and a GOP senator involved in the drafting.... Read More