stimulus
Stimulus deal negotiations on Saturday face government shutdown deadline
“It’s not a detail; it’s a very significant difference,” she said. Immense pressure is bearing down on top congressional leaders to complete an agreement eight months after they last acted to aid a country ravaged by covid-19. Virus deaths are at all-time highs; unemployment claims are rising; and rank-and-file lawmakers are clamoring for action after …
Stimulus checks are back in the $900 billion relief package as congressional leaders near deal
The relief bill is likely to be coupled with several other major legislative efforts — from legislation to fund federal agencies to a bipartisan effort to rein in surprise medical billing — that lawmakers could then pass into law in a matter of days. Lawmakers are racing to pass a deal in part because of …
Hill leaders nearing long-sought stimulus deal
“We’ve built a lot of trust, I think we are moving in the right direction,” McCarthy said. While the congressional leaders did not publicly discuss details, their discussions were prompted by a $748 billion proposal from centrist senators to spend on small businesses education, vaccine distribution, health care and beefing up unemployment benefits. Republicans have …
Bipartisan group of lawmakers readies two stimulus bills in effort to secure deal
Negotiators are hoping by advancing both of these measures they will draw Democratic and Republican leaders into the negotiations to speed the process along and ultimately lead to a final package. The two bills show how far the bipartisan group of negotiators took the process but also the limits of their effort, as they weren’t …
Stocks Drop as Brexit and U.S. Stimulus Talks Remain Stuck: Live Updates
Here’s what you need to know: Trucks approaching Dover, England, for passage to France on Friday. It’s still uncertain if Britain and European Union can reach a trade deal by Jan. 1.Credit…Frank Augstein/Associated Press As Britain approaches yet another new deadline to strike a trade deal with the European Union on Sunday, the pound is …
Stimulus talks sputter – POLITICO
On Tuesday in their private party conference call, Senate Republicans wrestled over whether cutting a deal that trades the two is even doable. Afterward, McConnell urged negotiators to drop liability reform and state and local aid from the discussion, deeming them too contentious to be workable in the breakneck lame duck session. Retiring Sen. Lamar …
Stimulus and spending bill negotiations: Make-or-break week begins for congressional action
Congress is up against clock, which means it’s going to be a consequential and, yes, messy week on Capitol Hill. This is the week things either finally come together or they fall apart for good on the stimulus. Aides and members spent the entire weekend trying to close out outstanding issues from food stamp benefits …
Asian shares vault to record high as U.S. stimulus seen within reach By Reuters
© Reuters. A man wearing a protective face mask walks past a stock quotation board outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo By Hideyuki Sano TOKYO (Reuters) – Asian shares scaled a record high on Friday on growing prospects of a large U.S. economic stimulus package, while hopes that coronavirus vaccine …
Bipartisan group of senators unveils $908 billion stimulus plan, aiming to break partisan logjam
With negotiations among congressional leaders at a standstill, senators in both parties have worked together for weeks on a proposal that could break the logjam. Several centrist lawmakers in the Senate — including Sens. Joe Manchin III (D-W.Va.), Mark R. Warner (D-Va.), Bill Cassidy (R-La.), Mitt Romney (R-Utah) and Susan Collins (R-Maine) — held a …
Bipartisan group of senators prepares $908 billion stimulus plan, aiming to break partisan logjam
Failure to reach an agreement could have serious consequences for the economy and millions of Americans. A number of critical relief programs are set to expire at the end of the year; 12 million Americans are on pace to lose their jobless benefits, and protections for renters and student borrowers are also set to expire. …
