Senate Republicans proposed a $500 billion bill in September, but it was blocked by Democrats, who argued that the bill did not go far enough. "When the full Senate returns on October 19th, our first order of business will be voting again on targeted relief for American workers," McConnell...
JOHANNESBURG -- South African President Cyril Ramaphosa on Tuesday night said that 500 billion rand (26.3 billion U.S. dollars) would be devoted to relief and economic stimulus measures to deal with the impact of the COVID-19 pandemic. "We are announcing this evening a massive social relief ...
expanded jobless aid, USD 377 billion (EUR 339.6 billion) in federally guaranteed loans to small businesses, USD 500 billion (EUR 450.4 billion) in government lending for distressed companies, and billions more for hospitals and other businesses and organizations dealing directly with ...
WASHINGTON (CN) — Three days after calling off negotiations on another coronavirus stimulus package before the election, President Donald Trump reversed coursed Friday and will extend a $1.8 trillion offer to House Speaker Nancy Pelosi. “The president has approved a revised package, he would like...
The White House used Monday’s event to promote its long-awaited plan to increase funding for infrastructure. The plan would put up $200 billion in federal money over the next 10 years in hopes of leveraging a total of $1.5 trillion in infrastructure spending, relying on state and local gov...
The one major issue with this bipartisan stimulus proposal is that itdoes not include funding for another round of stimulus checks.However the $918 billion proposal (from Trump/Mnuchin shown below) does have a stimulus check payment! As you can see from the table below, which sh...
After holding up the $900 billion coronavirus relief bill for nearly a week,President Donald Trump has just signed off on the stimulus package, which includes $600 checks. The president had previously called the bill anunsuitable "disgrace"and demanded lawmakers raise thesecond round of stimu...
Republican and Democratic Senators, working with Treasury Secretary Steven Mnuchin, agreed a $2 trillion economic stimulus bill early Wednesday. The measures include a $500 billion fund to bail out large firms and industries, $367 billion for small businesses, direct payments of $1,200 to American...
The Internal Revenue Service is now requesting the return of more than one million stimulus checks that were sent to deceased people, in a sudden reversal. The IRS knew some checks were being sent to people who had filed taxes but passed away, however initially believed it did not have the...
President Trump urged lawmakers to approve a second round of stimulus checks for American families by reallocating $300 billion in unused coronavirus relief funds.