$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…
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Another 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…
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Senate 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…
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President 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…
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Senate 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…
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COVID-19 Economic Stop-gap Proposed
Would increase federal aid programs for struggling Americans. On Friday, President Biden announced his approach to continuing the federal response to the economic impact of the COVID-19 pandemic.…
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IRS Backed Up on Tax Returns for Last Year
As of December 25, some 6.9 million returns had not been processed. Stimulus payments have not been received by many taxpayers because their 2019 tax returns have not…
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Paycheck Protection Program Reopens Monday
Initial opportunity will be given to first-time borrowers. Last month, Congress authorized $284 billion to provide forgivable loans to small businesses as part of its broader $900 billion…
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Senator Graham Calls for Standalone Vote on $2000 Aid
Hopes single-issue vote would pass more readily. Senator Lindsey Graham has expressed support for a vote on a stand-alone bill to raise the stimulus checks to $2,000 as…
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House Moves to Increase Relief Check Size
Responding to president’s call for larger stimulus payments. On Monday, the House of Representatives voted to increase the amount of the stimulus checks for Americans from $600 to…
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