Stimulus Package
The latest round of stimulus packages passed by Congress in 2020 were intended to give a jolt of economic relief to millions of Americans and small businesses amid the coronavirus pandemic. Since the early 20th century, stimulus packages have been used to stimulate the economy during strenuous times, particularly during the Great Depression, wars and recessions.
McConnell Says Modest Stimulus Will Probably Be Needed in New Year
The Senate majority leader's remarks implied that he does not expect ongoing talks between Nancy Pelosi and Steven Mnuchin to yield a bipartisan deal during the lame-duck session.
Lindsey Graham Predicts $2 Trillion Post-Election Stimulus Package
Facing a tough battle with Democratic contender Jaime Harrison, the South Carolina senator said his number-one priority, if he got elected, was another coronavirus stimulus package.
AOC Calls Senate Republicans 'Criminal and Cruel' Over Stimulus Stalemate
"The whole country is desperate for a second stimulus, but Republicans fled the Senate the moment they got their anti-everybody justice confirmed," Congresswoman Alexandria Ocasio-Cortez said.
Stimulus, Checks Could Be on Hold Until Biden—if Elected—Becomes President
Nancy Pelosi said Democrats won't accept a bill now that is smaller than their $2.2 trillion demand and then dole out more relief if Biden takes office in January.
Trump Promises 'Best Stimulus' After Election; 10 Items Are Still Undecided
The House speaker has pushed Treasury Secretary Steve Mnuchin for answers on outstanding questions the Democrats have on "critical" issues.
Second Round of $1,200 Stimulus Checks Could Still Come Before December
The deadline to pass the next federal budget falls on December 11. Congress must approve another spending bill by that date to avoid a shutdown and lawmakers could seize on the window to approve a stimulus package.
Stock Market Plunge Could Force Trump, GOP Back Into Stimulus Talks: Pelosi
As of Wednesday afternoon, the S&P 500 dropped 3.2 percent, nearing its worst day in nearly two months.
Stimulus Deal Hinges More on the Election Than Economics
Imminent GDP data is expected to present the biggest rebound for output since World War II. But experts say the main driver of the size and timing a potential future stimulus package will be political.
Biden Slams Trump for Stimulus Failure: 'Spent All His Time in Golf Course'
"Trump can't get his own party to deliver real economic relief for working families," Democratic Presidential Nominee Joe Biden said on Saturday morning.
Trump Could Still Approve Stimulus Deal Before Election Day, Pelosi Says
"We could do that before the election if the president wants to. I think he does. I know we do," the Democratic House Speaker said.
Amid Stimulus Deadlock, Nearly 1 Million Lose COVID Unemployment Benefits
"By the end of year, millions more Americans will have run out of jobless aid and have no access to federal extended benefits," one political think-tank wrote.
$500 Billion 'Targeted' GOP Stimulus that Excludes Checks Blocked by Dems
The same proposal was blocked by Democrats last month. The vote came as Nancy Pelosi and Steven Mnuchin continue to negotiate a costly comprehensive bill that many Senate Republicans have bemoaned.
Trump's Desire for Stimulus Checks Is Democrats' Leverage, Pelosi Says
The House speaker said that Trump needs the legislation and that while the Democrats also want the checks, they can't abandon other provisions of a relief bill.
Swing-State Voters Blame Trump, Pelosi Nearly Equally for Stimulus Failure
Trump took slightly more of the blame than Pelosi in a 45 to 44 percent split.
Trump May Target McConnell, Senate GOP in Stimulus Blame Game if Push Fails
While President Donald Trump has long been at odds with Democrats over a further relief package, he now faces clashing with lawmakers within his own party.
Stimulus Update: Where Negotiations Stand As Pelosi's Deadline Expires
Senate Majority Leader Mitch McConnell cautioned against doing a large package but Trump wasn't worried about having enough support for another round of relief.
McConnell Warns Trump Against Stimulus Deal, Says It Will Divide the GOP
The Senate Majority Leader reportedly told Republican colleagues about the warning during a private lunch on Tuesday,
72% of American Support $2 Trillion Stimulus Package: Poll
56 percent of Republicans supported a relief bill with a $2 trillion price tag, 34 percent opposed and 9 percent were unsure.
Small-Business Relief Bill from Senate GOP Rejected by Dems Amid Stim Talks
The vote came as House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin were engaged in intense negotiations over a broader stimulus package.
McConnell Will Give Stimulus Deal Supported by Trump, Pelosi a Senate Vote
The Republican did not indicate whether the vote would come before the upcoming presidential election.
Pelosi Says 'Starting to Write' Compromise COVID-19 Stimulus Bill
"We all want to get an agreement because people need it...and our economy needs it,"" said the Speaker of the House Tuesday.
Trump Now Says He'd Rather Go Bigger Than Nancy Pelosi's Stimulus Bill
The president says he wants to spend even more than the $2.2 trillion that House Democrats have proposed for a coronavirus relief bill.
Stimulus Deal Chances Quickly Disappear in GOP Senate as Deadline Nears
Even if stimulus negotiators can reach an agreement, GOP Senate leaders are doubtful they could muster the minimum support needed among their own members to pass legislation somewhere around $2 trillion.
Wall Street Set to Open Higher on Hopes of Stimulus Breakthrough
Future contracts for the Dow Jones rose 79 points, while the futures for the S&P 500 and tech-heavy Nasdaq Composite edged higher into positive territory.
Senate to Vote on Coronavirus Relief—Is Another Stimulus Check Included?
Democrats and Republicans agree on another round of stimulus checks, but passing a slimmed-down relief package may not mean a second distribution of the direct payments.
Stimulus Deal Pressure Mounts on Mnuchin as Pelosi's Deadline Looms
The Treasury Secretary has been tasked by the president to end the stalemate and secure a bipartisan agreement, as Election Day nears.
Massive Stimulus Spending Is the Only Fix for Ailing Economy, Experts Say
What's the most critical move the next president should make to restore the country's economic health? Newsweek asked 12 top financial experts to offer the next occupant of the White House their best advice.
Stimulus Talks Update: Pelosi Says No Agreement 'In the Language' of Bill
The Speaker of the House said she is "optimistic" about negotiations, noting that "we've been back and forth on all of this."
GOP Senator Lindsey Graham Says He Would Vote for 'Bigger' Stimulus Package
The South Carolina senator said he supports another round of $1,200 stimulus checks.
Senate to Vote This Week on Additional PPP Funds and Stimulus Package
The stimulus package is scheduled to be voted on in the Senate Wednesday, though it will be a $500 billion proposal.
