Business

Stimulus update: When to expect $600 checks and $300 enhanced unemployment payments

You can’t blame Americans for being eager to receive their stimulus money: With a weakening economic recovery and an out-of-control pandemic, the direct payments included in the $900 billion stimulus package signed into law by President Donald Trump on Dec. 20 are literally a lifeline for millions of Americans. That $900 billion economic aid package […]

Business

Now is not the time to repeal Section 230, but it should be soon

President Trump, Senate Majority Leader Mitch McConnell, and other GOP leaders have suddenly flipped positions on stimulus payments. Now they’re insisting that the (unrelated) repeal of obsolete protections for social media companies is a sudden condition for voting to boost assistance to Americans in distress over the coronavirus pandemic. This is, of course, a canard […]

Business

The fight for a $2,000 stimulus check could cost Republicans the Senate

It’s all hands on deck in Georgia with just one week until two runoff elections that will determine the fate of the Senate and President-elect Joe Biden’s first two years in office.  Politicians and political strategists, meanwhile, worry that an ongoing debate over stimulus checks will be a determining factor in the two races between […]

Business

Trump’s delayed signing of the new relief bill won’t create a loss of unemployment payments after all

A $900 billion stimulus bill passed into law on Sunday will, along with other programs, provide extended and enhanced unemployment benefits to millions of Americans. But leading up to the bill’s passage, state agencies and labor experts believed that President Donald Trump’s delay in signing the bill would create a one-week gap in benefits for […]

Business

The fate of $2,000 stimulus checks gains momentum, increasing the pressure on Senate Republicans

President Donald Trump’s push for $2,000 COVID-19 relief checks now rests with the Senate after the House voted overwhelmingly to meet the president’s demand to increase the $600 stipends, but Republicans have shown little interest in boosting spending. The outcome is highly uncertain heading into Tuesday’s session. Senate Majority Leader Mitch McConnell has declined to […]

Business

Everything jobless Americans need to know about the $300 unemployment benefit

President Donald Trump on Sunday backed off his veto threat and signed the $900 billion stimulus bill—a move that should immediately benefit millions of unemployed Americans, even if its $600 checks have been roundly criticized as insufficient relief for the economic damage wrought by the coronavirus pandemic. For starters, the package will bring back weekly […]

Business

AP source: Trump signs COVID relief bill, averts government shutdown

President Donald Trump has signed a $900 billion pandemic relief package that will deliver long-sought cash to businesses and individuals. A congressional Republican aide tells The Associated Press that the president has signed the measure. The aide was not authorized to discuss the matter publicly and requested anonymity. The massive bill includes $1.4 trillion to […]

Business

Trump signs COVID relief bill, averts government shutdown

President Donald Trump has signed a $900 billion pandemic relief package that will deliver long-sought cash to businesses and individuals. A congressional Republican aide tells The Associated Press that the president has signed the measure. The aide was not authorized to discuss the matter publicly and requested anonymity. The massive bill includes $1.4 trillion to […]

Business

Lawmakers urge Trump to sign relief bill as unemployment aid expires

President Donald Trump appeared no closer to signing an end-of-year COVID relief and spending bill Sunday as unemployment aid expired, the government barrels toward a mid-pandemic shutdown, and lawmakers implored him to break the impasse he created after Congress approved the deal. The fate of the bipartisan package remained in limbo after Trump blindsided members […]

Business

Pelosi sets up showdown vote on $2,000 stimulus checks after GOP blocks Trump’s demand

A surprise scuffle over pandemic relief is set to run up against a crucial federal funding deadline next week as Democrats side with President Donald Trump in his demand for $2,000 payments to most Americans and Republicans take up his criticism of government spending. House Speaker Nancy Pelosi is planning a full floor vote Monday […]