Lawmakers Are Bitterly Divided Over How To Get More Stimulus Cash To Americans

Canada News News

Lawmakers Are Bitterly Divided Over How To Get More Stimulus Cash To Americans
Canada Latest News,Canada Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

A series of heated debates are coming to the fore in Washington over how best to get additional relief funds into the hands of cash strapped Americans by theothersarahh

of Republicans on MSNBC’s The Beat on Tuesday, projecting confidence that her party will come out ahead in negotiations this week over more federal funding for states. “You know why? ...Republican and Democratic governors need this.”The national debt will likely reach a staggering $3.7 trillion this year; the Treasury Department has said it will borrow a staggering $3 trillion this quarter to keep up.

The first two bills—which shored up funding for testing and small business loans and established tax credits for paid sick leave and expanded unemployment benefits, respectively—were followed by the historic $2.2 trillion CARES Act.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Some 1.2 million Americans won't get stimulus checks because they're married to immigrantsSome 1.2 million Americans won't get stimulus checks because they're married to immigrantsThe Mexican American Legal Defense Fund has filed the class action lawsuit on behalf of the American citizens who were denied payments because they're married to ITIN holders.
Read more »

Stimulus Bill’s Business Tax Break Gets a Second Look From DemocratsStimulus Bill’s Business Tax Break Gets a Second Look From DemocratsAs Congress begins considering the next round of economic-relief legislation, some lawmakers are pressing to revisit a decision to give unprofitable companies more than $150 billion in tax breaks.
Read more »

New coronavirus stimulus proposal would extend $600 unemployment checks, give more workers benefitsNew coronavirus stimulus proposal would extend $600 unemployment checks, give more workers benefitsCongressman Don Beyer released a report last week arguing that unemployment insurance should be automatically tied to economic conditions.
Read more »

Wharton professor Jeremy Siegel explains why the bond market's 40-year bull run is doomed | Markets InsiderWharton professor Jeremy Siegel explains why the bond market's 40-year bull run is doomed | Markets InsiderThe bond market's four-decade bull run will be crushed under coronavirus stimulus and rising inflation, Wharton finance professor Jeremy Siegel ...
Read more »

Most 2020 swing state voters want more direct payments during coronavirus, CNBC/Change Research poll findsMost 2020 swing state voters want more direct payments during coronavirus, CNBC/Change Research poll finds74% of swing state voters approve of sustained direct payments to Americans during the coronavirus pandemic, according to a new CNBC/ChangePolls survey.
Read more »

If there's coronavirus relief money, scammers will try and steal itIf there's coronavirus relief money, scammers will try and steal itBusiness owners, the unemployed and recipients of stimulus checks are among the targets of financial thieves trying to access trillions of dollars in federal coronavirus relief.
Read more »



Render Time: 2025-03-17 17:25:54