WASHINGTON—Democrats and Republicans are far apart in their proposals for the next COVID relief plan and funding for states and localities remains one of the biggest differences, as in previous talks. While Democrats want to bail out states, tax revenue data shows that states have actually fared better than expected, raising the question of whether…
State, Local Aid Remains Roadblock to Bipartisan Stimulus Deal
WASHINGTON—Democrats and Republicans are far apart in their proposals for the next COVID-19 relief plan, and funding for states and localities remains one of the biggest differences, as in previous talks. While Democrats want to bail out states, tax revenue data shows that states have actually fared better than expected, raising the question of whether…
‘Misses the Mark’: McConnell Says Several Democratic Senators Don’t Support Biden Stimulus Plan
Senate Minority Leader Mitch McConnell (R-Ky.) on Monday said President Joe Biden’s $1.9 trillion stimulus plan “misses the mark,” while stating that several Democratic senators have told him they don’t support the measure. “Experts and economists from the left to the right agree any further action should be smart and targeted, not just an imprecise…
Treasury, IRS to Find 8 Million Households yet to Claim COVID-19 Stimulus
The U.S. Department of the Treasury announced Friday that as many as 8 million households may be eligible for but haven’t claimed COVID-19 stimulus payments. The Treasury said it “will work to stand up an effort to help households who have not yet been able to access their stimulus payments get much-needed relief,” adding that as…
8 Million Households Yet To Claim CCP Virus Stimulus Payments
The U.S. Department of the Treasury announced Friday that as many as 8 million households haven’t claimed CCP virus stimulus payments, despite being eligible. The Treasury said it “will work to stand up an effort to help households who have not yet been able to access their stimulus payments get much-needed relief,” adding that as many…
8 Million Households Yet To Claim CCP Virus Stimulus Payments: Treasury
The U.S. Department of the Treasury announced Friday that as many as 8 million households haven’t claimed CCP virus stimulus payments, despite being eligible. The Treasury said it “will work to stand up an effort to help households who have not yet been able to access their stimulus payments get much-needed relief,” adding that as many…
Scott Morrison Declares HomeBuilder Stimulus Package a Success
Prime Minister Scott Morrison has declared the success of the federal government’s stimulus package to kick start the building industry which ground to a halt after Australia implemented measures against the spread of the CCP virus last year. It comes after the latest Treasury figures show that demand for the HomeBuilder program has exceeded estimations. HomeBuilder invites Australians…
NTD Business Full Broadcast (Jan. 19)
Biden’s Treasury pick speaks at the Senate. We have analysis on how Janet Yellen could influence the US economy. Lockdown orders push one small business owner to the brink. But he says he’ll keep fighting to stay open. And big name stores drop My Pillow products. My Pillow’s CEO says it’s because leftist groups are…
Sen. Schumer Vows Fast Delivery of $2,000 Stimulus Checks
Senate Democrats are planning to send another stimulus check to many Americans, saying that it will be one of their top priorities after the members of the chamber are established. Chuck Schumer (D-N.Y.) promised in a letter on Tuesday to undertake a “bold legislation.” “As you know from our work at the end of the…
Deep Dive (Dec. 31): Over 100 Lawmakers to Challenge Electoral College Votes
2020 is drawing to a close and this year’s New Year’s Eve celebrations are quite different. Times Square iconic ball drop will not have crowds this year. What happened to those $2,000 stimulus checks? The bill to increase the stimulus checks gets blocked again but this time it wasn’t Mitch McConnell. And President Trump is…
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