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Biden: Trump ‘Failed' to Shore Up Nation's Cybersecurity
President-elect Joe Biden is assailing the Trump administration for failing to fortify the nation’s cyber defenses
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Congress Seals Agreement on $900 Billion COVID Relief Bill
Top Capitol Hill negotiators sealed a deal Sunday on a $900 billion COVID-19 economic relief package, finally delivering long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them.
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Biden Names More Cabinet Picks, Congress Promises COVID-19 Relief Bill
Senate Majority Leader Mitch McConnell says the Senate won’t leave for Christmas break until a deal is reached; President-elect Joe Biden names more cabinet picks.
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Congress Is Making Progress on a COVID-19 Relief Deal: Here's Where Negotiations Stand and What's at Stake
There is roughly a week left before the current CARES Act provisions expire that provide relief and benefits for people and businesses struggling financially during the pandemic. Will Congress make the Friday night deadline to extend government funding? NBCLX Storyteller Clark Fouraker explains where the negotiations now stand.
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These Are the Protections and Benefits Set to Expire Before the End of the Year Without a Second Stimulus
With the current coronavirus relief package, called the CARES Act, set to expire between Christmas Day and New Year’s Day, a number of protections and benefits are set to end unless a second coronavirus stimulus package is passed. They include unemployment aid, cash for cities, and provisions for small businesses.
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Another Stimulus Package Is Needed to Boost the Economy and Help the Unemployed: Can Congress Get It Done?
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.
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In About-Face, Trump Seeks to Salvage Parts of Virus Aid
The White House is trying to salvage its favored proposals for coronavirus aid now that President Donald Trump has ended negotiation with Democrats
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Trump Urges Congress to Pass New Coronavirus Stimulus: ‘GET IT DONE'
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...
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Unemployment Benefits? Stimulus Checks? Aid Measures Are in Limbo as People's Bills Are Still Due
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...
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Mnuchin: Virus Aid Package Soon, $1,200 Checks by August
Treasury Secretary Steven Mnuchin says Republicans are set to roll out the next COVID-19 aid package on Monday
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New Coronavirus Aid Bill Takes Shape
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.
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Trump, Congress Square Off Over Virus Aid as Crisis Worsens
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
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Trump Threatens Veto, Pushes for Payroll Tax Cut on Coronavirus Relief Bill
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.
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Close to Tapped Out? Coronavirus Stimulus Funds Almost Drained After 9 Weeks
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…
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Stimulus Funds Starting to Dwindle
Not all of the stimulus money headed to our state has arrived
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LA Law Firm Sues Nearly 5,000 Banks Claiming Billions Unfairly Pocketed in Processing Fees for Government Loan Program
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…
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Somber Congress Delivers Nearly $500B More in Virus Aid
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
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$484B Stimulus Bill Passes Senate, Heads for House
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...
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Congress Nears Deal on More Coronavirus Relief
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.