stimulus package

The possibility that another round of stimulus checks will reach Americans this year seems to be changing by the day. The Economic Policy Institute’s senior economist, Heidi Shierholz, joined us to explain why a stimulus package is so important for the economy as well as for unemployed Americans.

The White House is trying to salvage its favored proposals for coronavirus aid now that President Donald Trump has ended negotiation with Democrats

President Donald Trump pressured Congress to pass a coronavirus stimulus plan Saturday as his administration and congressional Democrats struggle to forge a relief deal. In a tweet sent as the president receives treatment for Covid-19 at Walter Reed Medical Center, the president wrote, “OUR GREAT USA WANTS & NEEDS STIMULUS.”  “WORK TOGETHER AND GET IT DONE. Thank you!” he continued.  Trump’s tweet...

Oct.1 is around the corner.  And even though millions of Americans are living without a steady paycheck amid the pandemic, the bills are still due. Making the situation worse is that fact that Congress hasn’t been able to reach a deal on another stimulus package, leaving extra unemployment benefits and a second round of direct cash payments in the...

Treasury Secretary Steven Mnuchin says Republicans are set to roll out the next COVID-19 aid package on Monday

Congress debates the amount and type of virus relief being offered as the COVID-19 pandemic continues to spread and the expanded unemployment benefits expire at the end of the week.

President Donald Trump is acknowledging a “big flareup” in COVID-19 cases, but divisions between the White House and Congress are threatening passage of a new federal aid package to deal with the pandemic

President Trump is threatening to veto the next coronavirus relief bill, unless the bill includes a payroll tax cut. Republicans have backed a trillion dollar plan that includes money for schools, lawsuit protections for businesses and another round of stimulus checks.

Just nine weeks after Congress allocated more than $1 trillion in coronavirus stimulus funds, most of this direct cash assistance has dried up. The Cares Act that passed on March 27 set up multiple stimulus funds to help people with coronavirus related issues.  Here’s a roundup of the ones that make up the majority of the $1.6 trillion in direct…

Not all of the stimulus money headed to our state has arrived

A Los Angeles law firm Monday sued nearly 5,000 banks and lenders in an effort to recover $3.85 billion allegedly collected unfairly by financial institutions as administrative fees during the first round of payment protection funding for small businesses. According to the lawsuit, filed in Los Angeles federal court by the firm of Geragos & Geragos, thousands of financial institutions…

Congress has delivered a nearly $500 billion infusion of coronavirus spending, almost unanimously rushing new relief to employers and hospitals buckling under the strain of a pandemic that has claimed almost 50,000 American lives and one in six U.S. jobs

A $484 billion bill, earmarked for small businesses shut down by the coronavirus, is headed for the House after the Senate passed it on Tuesday. It includes items that Democratic lawmakers insisted on adding, including $75 billion for hospitals and another $25 billion to support expanded testing efforts. President Trump is expected to sign it by the end of the...

Congress is said to be close to a deal on funding more small business loans to help offset losses sustained due to the COVID-19 pandemic. A vote could come Monday on an additional $250 billion for the Paycheck Protection Program. The current bill would also provide billions in help for rural and minority-owned businesses.

President Donald Trump used Friday’s coronavirus news conference to express frustration with some lawmakers and corporations, saying “some aren’t appreciative … they have to do a better job themselves.” Members of the coronavirus task force also gave updates on the pandemic response, including assurances by the USDA that Americans are not at risk of a food shortage.

U.S. coronavirus infections surged to top the world amid warnings that the pandemic is accelerating in cities like New York, Chicago and Detroit.

U.S. coronavirus infections surged to top the world amid warnings that the pandemic is accelerating in cities like New York, Chicago and Detroit.

The nation’s fiercest fiscal conservatives have largely embraced the economic rescue package approved by Congress and signed by President Donald Trump

U.S. coronavirus infections surged to top the world amid warnings that the pandemic is accelerating in cities like New York, Chicago and Detroit, while a record $2.2 trillion emergency package neared final approval Friday by Congress to help millions of newly unemployed Americans and struggling companies.