Senate GOP to Focus on Schools, Jobs in COVID-19 Stimulus
The Senate’s next round of stimulus funding related to the coronavirus pandemic is likely to assist with education and boost the workforce, the chamber’s leader indicated.
July 16, 2020White House Wants Stimulus by August Recess With $1 Trillion Cap
The White House wants Congress to pass another stimulus package by the first week in August, before lawmakers head home for their annual summer recess, and to keep the cost at $1 trillion or less, according to Vice President Mike Pence’s top aide.
July 7, 2020McConnell Expects New Virus Relief Bill by End of Month
Senate Majority Leader Mitch McConnell predicted Congress will pass one final coronavirus rescue package later this month and appealed to everyone in public life to urge people to wear masks to control the spread.
July 6, 2020House Clears Extension of Small Business Loan Program to August
The House gave final last-minute congressional approval July 1 to extending the popular Paycheck Protection Program for small businesses until Aug. 8, hours after the deadline for applications lapsed with more than $130 billion still available.
July 2, 2020Trump Says He’ll Ask Congress for Additional Economic Stimulus
President Donald Trump said he’ll ask Congress to pass more economic stimulus, including a payroll tax cut, even after the government reported a surprise improvement in U.S. unemployment June 5.
June 5, 2020Senate Republicans Seek to Clear Small Business Loan Changes
Senate Majority Leader Mitch McConnell will attempt to expedite approval of changes to the popular Paycheck Protection Program aimed at giving small businesses more flexibility in using the money from the fund, according to Senate aides.
June 1, 2020Mnuchin Says ‘Strong Likelihood’ for More Stimulus Spending
Treasury Secretary Steven Mnuchin said Congress very likely will need to pass more stimulus legislation for the U.S. economy, as the nation struggles to recover from the coronavirus outbreak.
May 21, 2020Democrats’ $3 Trillion New Virus Bill Aids States, Essential Workers
House Speaker Nancy Pelosi unveiled a more than $3 trillion coronavirus aid package May 12, providing nearly $1 trillion for states and cities, “hazard pay” for essential workers and a new round of cash payments to individuals.
May 12, 2020Pelosi Pushes New Aid Deal as GOP Resists Big Spending
House Speaker Nancy Pelosi pressed ahead May 5 with the next coronavirus aid, a sweeping $800 billion-plus package that is expected to be unveiled soon even as the House stays closed while the Senate reopens in the pandemic.
May 5, 2020Trump Focused on Infrastructure for Next Stimulus Package
After Congress cleared a nearly $500 billion small-business assistance bill, the Trump White House intends to pursue funding for infrastructure projects in the next economic stimulus measure.
April 22, 2020