stimulus News Updates

Government, Business

Mnuchin Says Trump to Take Executive Action as Stimulus Talks Stall

Treasury Secretary Steven Mnuchin said he’ll recommend President Donald Trump move ahead with executive action on unemployment aid, evictions and student loans after another round of negotiations with Democrats on a virus relief plan ended without any agreement.

August 7, 2020
Government, Business, Logistics

USPS Election Role Becomes Flashpoint in Stimulus Talks

House Democrats want to throw a financial lifeline to the struggling U.S. Postal Service amid concerns that mail delays could lead to hundreds of thousands of legitimate votes being thrown out, potentially skewing the election. Senate Republicans say the money isn’t needed.

August 6, 2020
Government, Business

White House, Democrats Locked in Standoff as Deal Deadline Looms

The White House and congressional Democrats are locked in a standoff over the size and breadth of a new virus relief package, with their self-imposed Aug. 7 deadline for a deal looming.

August 6, 2020
Government, Business

‘Kumbaya Moment’ Unlikely in Next COVID-19 Bill, McConnell Says

Partisan disagreements about the degree of assistance to provide various groups and industries have delayed a COVID-19 relief package.

August 5, 2020
Government, Business

Virus Relief Bill Remains Up in Air as Negotiations Resume

Slow, grinding negotiations on a huge COVID-19 relief bill are set to resume Aug. 3, but the path forward promises to be challenging and time is already growing short.

August 3, 2020
Government, Business, Safety

Meadows Says Democrats Rebuff White House on Stopgap Jobless Aid

White House Chief of Staff Mark Meadows said Democrats rebuffed multiple proposals from the Trump administration to extend lapsing supplemental unemployment benefits and have continued to raise the ante in talks on a stimulus package to bolster a U.S. economy hobbled by the coronavirus pandemic.

July 31, 2020
Government, Business

Trump Says Republicans, Democrats Far Apart in Stimulus Talks

President Donald Trump said that Republicans and Democrats aren’t close to resolving their differences over a coronavirus stimulus package, and that Congress may need to pass some stopgap measures to prevent aid from running out.

July 29, 2020
Government, Business

Motorcoach Industry Seeks Federal Aid to Mitigate Losses

The 100-year-old over-the-road motorcoach industry is struggling for survival as most of the nation’s 36,000 buses are sitting in parking lots because of the COVID-19 pandemic.

July 27, 2020
Government, Business

Pelosi Presses GOP to Quickly Negotiate Virus Aid With Democrats

Deadlines looming, House Speaker Nancy Pelosi implored Republicans and the White House on July 27 to come quickly to the negotiating table with Democrats over the next coronavirus relief package to prevent unemployment assistance and an eviction moratorium from expiring for millions of Americans.

July 27, 2020
Government, Business

Mnuchin Says Payroll Tax Holiday Not in Next Stimulus Bill

A payroll tax holiday sought by President Donald Trump won’t be in the next stimulus package, but may be in follow-up virus relief legislation, Treasury Secretary Steven Mnuchin said.

July 23, 2020