Stimulus Package
Dems Accuse McConnell of 'Sabotaging' Stimulus Talks, Reject GOP Offer
Democratic leaders accused the Kentucky Republican of attempting to purposely derail ongoing bipartisan coronavirus relief negotiations by suggesting they exclude two major sticking points that has held up more pandemic aid.
Republican Governors Push Congress to Pass Bipartisan Coronavirus Relief
The five Republican governors acknowledged that there are "legitimate differences" of opinion on what the package should include, but said they pale in comparison to the "cost of doing nothing."
N.Y. Congressman Calls Out McConnell for Opposing COVID Aid to States
"New York subsidizes the rest of the country. We are the biggest net donor state in the United States of America," Representative Tom Suozzi said.
Mitch McConnell Reportedly Warms to Stimulus Checks as Deal Remains Elusive
No current potential stimulus package that is being negotiated on Capitol Hill includes anything like the $1,200 checks that many Americans received under the Cares Act. But McConnell reportedly would not oppose it if the provision is added.
Second Stimulus Check Is Sticking Point for Bipartisan Deal
The proposed economic relief package does not contain another round $1,200 stimulus checks for Americans.
McConnell Holds Firm on 'Targeted' Stim; Pressure Grows for Bipartisan Deal
The Senate leader's steadfast position is despite growing support for a bipartisan proposal worth nearly twice as much, a bill that Republicans are pressuring McConnell to endorse.
GOP Senator Asks Trump to Veto Any Stimulus That Doesn't Include Checks
Hawley said Trump seemed reception to the idea.
Stimulus Gains Renewed Urgency Amid U.S. COVID Surge, Weak Jobs Data
Lawmakers from both parties stressed the need to pass a stimulus bill by the end of the year as Congress considers a $900 billion bipartisan proposal that does not include checks.
Stimulus Bill Likely to Come in Next Few Days, Dem and GOP Senators Say
"We are working right now on language so that we can have—as early as tomorrow—a piece of legislation," Senator Mark Warner said on Sunday.
The 10 Best Moves to Make with Your Money Before 2020 Ends
These last-minute steps can save you a bundle on taxes and healthcare and set you up for a financially better 2021—no matter what Congress does or when it acts on pandemic economic relief.
McConnell Faces New Pressure for Stimulus After Grim Unemployment Report
The Senate Majority Leader is holding out for a $550 billion version of his previous GOP proposal, but the new unemployment report has given Democrats and economists further ammunition to demand he accept a bipartisan deal.
Will There Be a Second Stimulus Check? Biden Says $1,200 'Still in Play'
Democrat Alexandria Ocasio-Cortez and Republican Josh Hawley said they wouldn't support the $908 billion proposal unless it included a second stimulus check.
Pelosi Says She Backs Smaller Stimulus Because Biden Won
"That is a total game changer: a new president and a vaccine," House Speaker Nancy Pelosi told reporters. "The fact is, I'm very proud of where we are."
Optimism Swells in Congress for Stimulus, GOP Pushes McConnell on New Offer
Elusive from the fray over a bipartisan stimulus proposal was Senate Majority Leader Mitch McConnell, who continues to push for a narrow measure that has little hopes of advancing.
Democrats Compromised on State, Local Aid in Bipartisan Relief Deal
Getting Democrats to sign onto the bipartisan relief plan as it stands now will require them to make significant concessions from the HEROES Act that twice passed the House of Representatives.
McConnell Thinks 'Compromise Is Within Reach' on COVID Relief
Senate Minority Leader Chuck Schumer pushed back against McConnell's comments, saying the Senate majority leader was "blaming the Democrats for everything."
Trump Supports McConnell's Stimulus, Despite 'Go Big' Call Before Election
The president said he wanted to spend more than Democrats did on stimulus in comments pre-Election Day, though is now backing plans for much less relief spending.
Tlaib Leads Progressive Charge for Stimulus Checks After Pelosi Compromise
A new stimulus proposal was outlined which did not include another round of direct payments, despite previous bipartisan support for such action.
With Americans Unconvinced Stimulus is Coming, Bipartisan Bill Gains Ground
Polling has shown people across the U.S. doubt relief is coming imminently, despite the consensus among lawmakers and the public that it is needed in some form.
Katie Porter Spars With Mnuchin At Hearing: 'Ridiculous You're Play Acting'
"I think it's ridiculous that you're play acting to be a lawyer when you have no legal degree," Rep. Katie Porter (D-Calif.) told Treasury Secretary Steven Mnuchin during a House hearing on Wednesday.
Biden Backs Stimulus Deal Half the Size of White House's Pre-Election Offer
The President-elect said the $908 billion aid package "wouldn't be the answer, but it would be the immediate help for a lot of things."
House Majority Leader Thinks Congress Can Pass Stimulus in 'Next Few Days'
For months, Democrats and Republicans have disagreed on the size and scope of a new economic relief package.
Over $3.6M in PPP Loans Given to Businesses With Ties to Trump, Kushner
In response to the release of the documents, Christopher W Smith, General Counsel for Kushner Companies said that the notion that Kushner Properties improperly benefitted from the loans is "completely untrue and amounts to nothing more than politically motivated nonsense."
Pelosi Backs Stimulus Deal Half the Size of Pre-Election White House Offer
In October, the White House put out a $1.8 trillion compromise, but the House speaker rejected it.
Small Businesses Less Confident, Fear New Administration, Lack of Stimulus
More than 8 in 10 small business owners want Congress to pass a second stimulus package.
States, Local Governments to Send Direct Payments to Residents
Certain people in New Mexico and Colorado, and possibly Houston, will get payments even though Congress has not passed new legislation with stimulus checks.
Second Stimulus Check 'Critical,' Rep. Tlaib Says, After Bill Omits Measure
It comes as lawmakers continue to dispute what should be included in a further relief package.
Independent Senator Calls Out McConnell for Dismissing Bipartisan Stimulus
"We've got to do something and we've put forward a good faith effort to make that happen," Senator Angus King said.
Majority of COVID PPP Loans Went to 5 Percent of Companies
The data also showed that the top 1 percent of loans accounted for more than a quarter of the total loan value.
McConnell Scorned After Suggesting Bipartisan Stimulus Proposal Wastes Time
The Senate majority leader has said there is not "time to waste time" as he spoke of desire for a targeted relief bill.