Government

Democrats Dare GOP, Link Debt Limit to Vital Spending Bill

House Democrats will include a suspension of the U.S. debt ceiling in a spending bill needed to keep the government open past the end of this month, a risky move backed by President Joe Biden that assures a potentially damaging showdown with Republicans.

Erik Wasson and Billy House | Bloomberg News
September 20, 2021
Government, Business

Stimulus Hope on Hold Until After Election as Senate Leaves

U.S. senators departed the Capitol for a pre-election break Oct. 26, making the logistics for passing a fiscal stimulus package by Nov. 3 practically impossible, leaving the economy more vulnerable to damage from a resurgent coronavirus pandemic.

Erik Wasson and Billy House | Bloomberg News
October 27, 2020
Government, Business

Pelosi Says ‘Just About There’ on Stimulus; Senate Hurdle Awaits

House Speaker Nancy Pelosi said she and Treasury Secretary Steven Mnuchin are “just about there” on a deal for a coronavirus relief package even as there are outstanding differences still being negotiated.

Erik Wasson and Billy House | Bloomberg News
October 22, 2020
Government, Business

Pelosi, Mnuchin Near a Deal, With Post-Election Vote Floated

White House Chief of Staff Mark Meadows said the goal in talks with House Speaker Nancy Pelosi is a deal on a coronavirus relief package within the next 48 hours.

Erik Wasson and Billy House | Bloomberg News
October 21, 2020
Government, Business

Pelosi, Mnuchin Talk Airline Aid After Trump Nixes Big Stimulus

Speaker Nancy Pelosi signaled openness to a standalone airline relief bill in a telephone conversation with Treasury Secretary Steven Mnuchin on the morning of Oct. 7 after President Donald Trump pulled his negotiators from broader stimulus talks.

Erik Wasson and Billy House | Bloomberg News
October 7, 2020
Government, Business

Mnuchin Sees One More Chance for Stimulus as House Readies Vote

Treasury Secretary Steven Mnuchin said he sees one more chance at securing a deal with Democrats on another fiscal stimulus package, while stopping short of embracing a bigger proposal than President Donald Trump already has signaled.

Erik Wasson and Billy House | Bloomberg News
September 30, 2020
Government, Business

Pelosi, Mnuchin Resume Pivotal Talks on New Stimulus for Economy

House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sept. 29 discussed the latest Democratic stimulus proposal in talks that will determine whether another coronavirus relief package gets enacted before the election.

Erik Wasson and Billy House | Bloomberg News
September 29, 2020
Government, Business

Steny Hoyer Says House, Senate Close on PPP Loan Extension

House Majority Leader Steny Hoyer said the House and Senate should be able to quickly agree on changes to the Small Business Administration’s popular Paycheck Protection Program to give loan recipients more flexibility in using funds.

Erik Wasson and Billy House | Bloomberg News
May 26, 2020