Treasury Department reports roughly $372 billion distributed. The Treasury Department announced on Wednesday that it has recently surpassed 156 million payments to individuals as a part of the…
Read MoreStimulus
Possible Delays for Child Tax Credit Program
Congress’ timeline for new program poses challenge for the IRS. Commissioner Charles Rettig of the Internal Revenue Service has expressed concerns over the implementation of monthly payments under…
Read MorePresident Signs COVID Relief Bill
Stimulus funds could come as early as this weekend. President Biden signed the $1.9 trillion COVID-19 relief legislation into law on Thursday. His signing commemorated the one-year anniversary…
Read MoreHouse Passes COVID-19 Aid Bill
President likely to sign the bill on Friday. In a vote entirely along party lines, the House of Representatives voted to approve a $1.9 trillion stimulus bill that…
Read MoreSenate Parliamentarian Blocks Minimum Wage Hike
House moves forward with initial plan anyway. On Thursday evening, the Senate’s Parliamentarian, the individual in charge of maintaining the voluntary rules put in place by the Senate,…
Read MoreHouse Plans Vote on COVID Bill Friday
$1.9 trillion legislation intended to stimulate the economy. The House Rules Committee published the new coronavirus relief bill text on Wednesday. It includes three new categories of spending…
Read MoreAnother Stimulus Package to Follow $1.9T
“Need to go further,” says Senator Schumer. The $1.9 trillion American Rescue Plan package is expected to pass the House of Representatives this week. The Senate will vote…
Read MoreSenate Moves Forward with Virus Aid
Vice president breaks tie vote. The Senate voted Friday morning to move forward with the next round of COVID-19 relief aid for Americans. The vote was split down…
Read MorePresident Meets with Senators on Virus Aid
Lawmakers propose one-third stimulus that President Biden supports. As the first month of 2021 came to a close with no new stimulus payments approved since December, President Biden…
Read MoreSenate to Debate Relief Bill Next Week
Senator Schumer says current economic conditions require additional aid. Senate Majority Leader Chuck Schumer of New York said the Senate debate on a coronavirus relief bill will begin…
Read More