stimulus

Government, Business, Breaking News

Congress OKs $1.9 Trillion COVID Relief Bill

President Biden signs the $1.9 trillion COVID-19 relief bill President Joe Biden signs the $1.9 trillion COVID-19 relief bill on March 11. (Doug Mills/New York Times via Bloomberg News)

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.

Alan Fram | Associated Press
March 10, 2021
Government, Business, Safety, Fuel

Biden Faces Tougher Obstacles for Broad Relief Bill Sequel

Biden Kevin Dietsch/Bloomberg News

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.

March 9, 2021
Government, Business

Biden’s Giant Stimulus to Easily Pass House, Democrats Say

President Joe Biden gestures while Vice President Kamala Harris stands behind him. (Shawn Thew/EPA/Bloomberg News) President Joe Biden gestures while Vice President Kamala Harris stands behind him. (Shawn Thew/EPA/Bloomberg News)

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.

March 8, 2021
Government, Business

Biden Attempts Bipartisan Push for Infrastructure Package

President Joe Biden and Transportation Pete Buttigieg meet to speak about infrastructure in the Oval Office on March 4. President Joe Biden and Transportation Pete Buttigieg meet with Vice President Kamala Harris and members of the House in the Oval Office on March 4. (Andrew Harnik/Associated Press)

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.

Josh Boak and Alexandra Jaffe | Associated Press
March 5, 2021
Government, Business

Dems Trim Jobless Benefits, Senate Debates Virus Relief Bill

Senate Majority Leader Chuck Schumer speaks to the media on Capitol Hill on March 2. (Jacquelyn Martin/Associated Press) Senate Majority Leader Chuck Schumer speaks to the media on Capitol Hill on March 2. (Jacquelyn Martin/Associated Press)

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.

Alan Fram | Associated Press
March 5, 2021
Government, Business, Safety

House to Vote on Virus Bill

Schumer Senate Majority Leader Chuck Schumer answers questions at a past news conference. (J. Scott Applewhite/Associated Press)

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.

Alan Fram | Associated Press
February 26, 2021
Government, Business

Democrats Put Biden Stimulus on 10-Day Fast Track for House Vote

The U.S. Capitol building is seen at dawn on Feb. 9. (Stefani Reynolds/Bloomberg News) The U.S. Capitol building is seen at dawn on Feb. 9. (Stefani Reynolds/Bloomberg News)

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.

February 18, 2021
Government, Business

Main Street Lending Program Spent Only 3% of Total

Downtown Sioux Falls, S.D. (Dan Brouilette/Bloomberg News) Downtown Sioux Falls, S.D. (Dan Brouilette/Bloomberg News)

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.

Catarina Saraiva | Bloomberg News
February 9, 2021
Government, Business

Democrats Cut Off Relief Checks at $200,000 Household Income

Capitol Andrew Harrer/Bloomberg News

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.

Laura Davison | Bloomberg News
February 9, 2021
Government, Business

Biden Signals Ditching GOP in Push for $1.9 Trillion Aid

President Biden, Vice President Harris and Speaker of the House Nancy Pelosi President Joe Biden and Vice President Kamala Harris meet with House Democrats, including Speaker Nancy Pelosi (right) on Feb. 5. (Stefani Reynolds/The New York Times via Bloomberg News)

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.”

Justin Sink | Bloomberg News
February 5, 2021

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