WASHINGTON — The United States Congress has approved a landmark $1.9 trillion COVID-19 relief bill that takes aim at twin pandemic and economic crises that have upended the nation for the better part of a year. The package, which includes funding for transportation corridors, was signed into law by President Joe Biden on March 11.March 10, 2021
President Joe Biden’s soon-to-be-unveiled longer-term economic stimulus package is set for far tougher obstacles in Congress than the pandemic-relief bill that’s on the verge of squeaking through without a single Republican’s backing.
President Joe Biden’s $1.9 trillion package will sail through the House when it takes up the bill on March 9, according to Democratic lawmakers and aides, even after proposals that progressives championed were scaled back.
President Joe Biden tried to maintain bipartisan momentum for a new infrastructure program by meeting March 4 with Republican and Democratic lawmakers at the White House.
Democrats agreed March 5 to pare back emergency jobless benefits but extend them for an extra month, bidding to solidify support as the Senate approached a voting marathon on a $1.9 trillion COVID-19 relief bill.March 5, 2021
WASHINGTON — Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Feb. 26, despite a setback that means a minimum wage boost is unlikely to be in the final version that reaches President Joe Biden.February 26, 2021
The House is aiming to vote Feb. 26 on President Joe Biden’s $1.9 trillion stimulus plan, as Democrats pivot quickly to their top priorities after Donald Trump’s impeachment trial ended in acquittal.
The Federal Reserve’s Main Street Lending Program, which was designed to provide emergency support to midsize U.S. companies during the pandemic, lent out a total $17.5 billion — or just 3% of its potential capacity — according to data released Feb. 9 by the central bank.
House Democrats are proposing to limit the next round of COVID-19 relief payments to households earning less than $200,000, after criticism that President Joe Biden’s $1.9 trillion stimulus package would benefit the rich.
President Joe Biden gave his strongest indication yet that he will push for his $1.9 trillion COVID-19 relief plan without Republican support, saying that a weak jobs report shows the risk of doing “too little.”