Thanks to our partner, the American Apparel & Footwear Association, the CFDA has been advocating for fashion and retail to be included in the CARES (Coronavirus Aid, Relief, and Economic Security) Act to provide sorely needed stimulus in response to the COVID-19 pandemic, and called for furth...
And we also point out that the economy recovered very quickly after World War II, even though the Keynesians predicted disaster in the absence of a giant new package such as Truman’s 21-Point Program (his version of FDR’s horrible vision of an entitlement society). Keynesians feared that ...
More Stimulus Payments in 2024? Third Stimulus Check Under Biden COVID Relief Package Second $600 Stimulus Check Details First Stimulus Check (Economic Impact) Payment in 2020 Trump Stimulus Checks in 2025 While there are no plans for Trump to issue new stimulus checks, many are expecting him ...
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hard to disentangle what could have happened had the government’s response not been so aggressive. One clear lesson of the COVID-19 pandemic, though, is that America’s social safety net wasn’t prepared to deal with a crisis of this magnitude, which is a big part of the reason why th...
But Congress has yet to agree on a second stimulus package. Earlier this month, Senate Republicans failed to advance their "skinny" coronavirus relief bill, as Congressional Democrats say the bill did not provide enough relief for Americans. In a hearing on Tuesday, House Democrats reaffi...
and high earners. The package takes aim at people making over $400,000 a year. It would hike the rate on income for Americans in that bracket and above, and tax capital gains at the same rate as regular income, a change that would almost double the levy for those $400,000-plus...
The bill gives the Small Business Administration "broad discretion" to exclude Planned Parenthood affiliates and other nonprofits serving low-income people, and deny them benefits under the small business-loan program, explains a spokesperson for the Planned Parenthood Federation of America. The bill ...
Your guide to what the 2024 US election means for Washington and the world US Treasury secretary Janet Yellen said the US could reach full employment next year if Congress passes Joe Biden’s $1.9tn stimulus package. Yellen cited a forecast by the Congressional Budget Office that predicted that...
If Mr Biden is successful in his bid for a new large-scale fiscal package, it could help sustain the recovery for most of his first year in office, but should he fail, it could slow down America’s rebound just as more of the general population is vaccinated in the spring. “A crisis...