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Mar 19 2020
Economic Stimulus Proposals in the Time of Coronavirus
This Abridge News topic aggregates four unique arguments on different sides of the debate. Here are the quick facts to get you started:
THE QUICK FACTSOn Wednesday, the Treasury Department pitched the details of the Trump administration’s $1 trillion economic stimulus proposal to Congress.The plan includes spending $500 billion on two rounds of direct payments Abridge News
Feb 16 2021
What’s next for coronavirus stimulus? A series of hurdles
Now for the hard part.
Congressional Democrats are prepping their legislative package to carry out President Joe Biden’s $1.9 trillion coronavirus stimulus plan with an eye to getting it passed by the end of the month.
The House Budget Committee could meet this week or next to compile the material approved by other House panels into one massive bill that would then advance. ItMarketWatch
Oct 12 2020
Coronavirus Stimulus Talks With White House at Impasse
President Trump says Republicans still want a coronavirus aid deal, but some GOP lawmakers are wary of more spending.
The latest, beefed-up White House offer on a new coronavirus package hit resistance from both Democrats and Republicans over the weekend, deflating hopes that a bipartisan agreement was imminent.
Democrats criticized the nearly $1.9 trillion offer from TreasuryWall Street Journal (News)
Mar 17 2020
Trump to propose $850B stimulus for coronavirus response
The Trump administration will seek approval of a roughly $850 billion emergency stimulus package from Congress in order to ease the economic impact of the coronavirus, a senior administration official confirmed on Tuesday.
The development was first reported by The Washington Post.
The senior administration official stressed that the proposal is a tax proposal, not a spendingThe Hill
Mar 10 2020
Trump Floats Economic Stimulus in Response to Coronavirus
President Trump spoke after a trip where he spent time with two congressmen who were exposed to a person infected with the virus. His new chief of staff has also quarantined himself.
President Trump moved on Monday to address the economic effects of the widening coronavirus crisis by announcing that he would work with Congress on tax cuts and other measures after the worst stock marketNew York Times (News)
Feb 27 2023
Coronavirus origins still a mystery 3 years into pandemic
WASHINGTON (AP) — A crucial question has eluded governments and health agencies around the world since the COVID-19 pandemic began: Did the virus originate in animals or leak from a Chinese lab? Now, the U.S. Department of Energy has assessed with “low confidence” in that it began with a lab leak, according to a person familiar with the report who wasn’t authorized to discuss it. The reportSFGATE
Mar 03 2021
Senate coronavirus bill lowers cutoffs for stimulus checks
Senate Democrats have struck a deal to lower the income cut off for receiving a stimulus payment as part of the coronavirus bill, a Democratic aide confirmed to The Hill.
The decision, which speeds up the phasing out of checks, reflects a demand from moderates to curb the ability of high-income earners to receive the stimulus payments.
Under the agreement, individuals who make upThe Hill
Feb 05 2021
Coronavirus stimulus: Should Dems compromise or go it alone?
Democrats, now fully in control of Congress, have made passing another economic stimulus bill their top priority. President Biden has proposed a $1.9 trillion coronavirus relief package that includes funding for a round of $1,400 stimulus checks, enhanced unemployment benefits, money to support states’ vaccination efforts, and a plan to increase the federal minimum wage to $15 per hour.Yahoo! The 360
Dec 24 2020
Did Congress get it right with the new coronavirus stimulus?
Congress on Monday passed a long-awaited stimulus package that will provide relief to Americans struggling to cope with the economic ravages of the coronavirus pandemic.
The massive, $900 billion bill includes a round of $600 stimulus checks for most Americans, an extra $300 a week for people receiving unemployment, $325 billion in aid for small businesses, money for virus response andYahoo! The 360
Dec 16 2020
Congress close to coronavirus deal that includes stimulus checks
Senate and House leaders are closing in on a coronavirus relief deal that would include direct stimulus payments, according to sources familiar with the talks.
The package is based largely on a $748 billion relief bill that a bipartisan group of Senate and House moderates unveiled Monday plus a new round of stimulus checks, although at an amount lower than the payments of up to $1,200The Hill