stimulus News Updates

Government, Business, Breaking News

Congress OKs $1.9 Trillion COVID Relief Bill

WASHINGTON — The United States Congress has approved a landmark $1.9 trillion COVID-19 relief bill that takes aim at twin pandemic and economic crises that have upended the nation for the better part of a year. The package, which includes funding for transportation corridors, was signed into law by President Joe Biden on March 11.

March 10, 2021
Government, Business, Safety, Fuel

Biden Faces Tougher Obstacles for Broad Relief Bill Sequel

President Joe Biden’s soon-to-be-unveiled longer-term economic stimulus package is set for far tougher obstacles in Congress than the pandemic-relief bill that’s on the verge of squeaking through without a single Republican’s backing.

March 9, 2021
Government, Business

Biden’s Giant Stimulus to Easily Pass House, Democrats Say

President Joe Biden’s $1.9 trillion package will sail through the House when it takes up the bill on March 9, according to Democratic lawmakers and aides, even after proposals that progressives championed were scaled back.

March 8, 2021
Government, Business

Biden Attempts Bipartisan Push for Infrastructure Package

President Joe Biden tried to maintain bipartisan momentum for a new infrastructure program by meeting March 4 with Republican and Democratic lawmakers at the White House.

March 5, 2021
Government, Business

Dems Trim Jobless Benefits, Senate Debates Virus Relief Bill

Democrats agreed March 5 to pare back emergency jobless benefits but extend them for an extra month, bidding to solidify support as the Senate approached a voting marathon on a $1.9 trillion COVID-19 relief bill.

March 5, 2021
Government, Business, Safety

House to Vote on Virus Bill

WASHINGTON — Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Feb. 26, despite a setback that means a minimum wage boost is unlikely to be in the final version that reaches President Joe Biden.

February 26, 2021
Government, Business

Democrats Put Biden Stimulus on 10-Day Fast Track for House Vote

The House is aiming to vote Feb. 26 on President Joe Biden’s $1.9 trillion stimulus plan, as Democrats pivot quickly to their top priorities after Donald Trump’s impeachment trial ended in acquittal.

February 18, 2021
Government, Business

Main Street Lending Program Spent Only 3% of Total

The Federal Reserve’s Main Street Lending Program, which was designed to provide emergency support to midsize U.S. companies during the pandemic, lent out a total $17.5 billion — or just 3% of its potential capacity — according to data released Feb. 9 by the central bank.

February 9, 2021
Government, Business

Democrats Cut Off Relief Checks at $200,000 Household Income

House Democrats are proposing to limit the next round of COVID-19 relief payments to households earning less than $200,000, after criticism that President Joe Biden’s $1.9 trillion stimulus package would benefit the rich.

February 9, 2021
Government, Business

Biden Signals Ditching GOP in Push for $1.9 Trillion Aid

President Joe Biden gave his strongest indication yet that he will push for his $1.9 trillion COVID-19 relief plan without Republican support, saying that a weak jobs report shows the risk of doing “too little.â€

February 5, 2021