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The Hefty Price Tag on Biden's Stimulus Plan Is Worth the Cost, Says Economist
President-elect Joe Biden is hoping to jump-start the economy with his sweeping $1.9 trillion American Rescue Plan. Morning Consult economist John Leer joined LX News to make a case for why it’s worth it for the U.S. government to pass a costly relief bill and avoid catastrophic long-term consequences of the pandemic.
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$600 Stimulus Direct Deposits Started Going Out Tuesday Night: Treasury
Treasury Secretary Steven Mnuchin said the $600 stimulus payment direct deposits could begin as early as Tuesday night and continue into next week.
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$2,000 COVID-19 Relief Checks Hit Roadblock in Senate
Senate Majority Leader Mitch McConnell, R-Ky., on Tuesday blocked a Democratic bid to vote on increasing the COVID-19 relief checks from $600 to $2,000.
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Trump Signs Massive Measure Funding Government, COVID Relief
President Donald Trump has signed into law a $900 billion pandemic relief package, ending days of drama over his refusal to accept the bipartisan deal.
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House Democrats $2,000 Direct Payment Proposal Fails
House Democrats proposed to send $2,000 direct payments to most Americans today by unanimous consent but the proposal failed on the House floor
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Trump Threatens to Torpedo Coronavirus Relief Bill, Gets Support From Democrats
A war over the COVID-19 relief bill is brewing in Washington as President Donald Trump threatened to veto the bill unless direct payments to Americans are increased from $600 to $2,000. Democrats agree with the president about increasing the payments. NBC10’s Randy Gyllenhaal reports.
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Congress Passes $900B COVID-19 Relief Bill
The relief package now heads to President Donald Trump for his signature. The bill would provide $600 payments to many Americans.
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‘Historic Moment': Congress Passes Legislation to Create National Latino Museum
Congress approved legislation Monday to start the process of creating a national Latino museum as part of a $900 billion must-pass COVID-19 relief spending bill that President Donald Trump is likely to sign, NBC News reports.
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Congress to Vote on $900 Billion COVID Relief Bill
A new COVID relief bill could see final approval the day after a weekend of marathon negotiations in Congress. The deal will send $600 in direct payments to qualifying Americans, add $300 a week to unemployment checks, provide more loans to small businesses and direct extra funds to distribute COVID vaccines across the country.
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Congress Seals Agreement on $900 Billion COVID Relief Bill
Top Capitol Hill negotiators sealed a deal Sunday on a $900 billion COVID-19 economic relief package, finally delivering long-overdue help to businesses and individuals and providing money to deliver vaccines to a nation eager for them.
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Lawmakers Running Up to Deadline for New Coronavirus Relief Bill
NBC10’s Lucy Bustamante reports on negotiations in Washington, D.C., as lawmakers reportedly near a deal on new coronavirus relief.
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Budget Toll From Virus Hits Both Democratic, GOP-Led States
A hang-up for some congressional Republicans in passing another coronavirus relief package is a request for tens of billions of dollars to go directly to state and local governments
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Lawmakers Act to Avert Shutdown, Buying Time for COVID Talks
Lawmakers are embracing a one-week extension of government funding to buy time for more COVID-19 relief talks
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Pivotal Week May Bring COVID Vaccine, Financial Relief for US
This week may prove to be a pivotal week for the U.S. An FDA advisory panel meets Thursday to consider approval of the Pfizer COVID vaccine, even as the United Kingdom plans their rollout tomorrow. Congress, meanwhile, is working to pass a financial relief bill for families and businesses affected by the ongoing pandemic.
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Senator Says Trump, McConnell Likely to Back COVID-19 Relief
A proposed COVID-19 relief bill is expected to get backing from President Donald Trump and Senate Majority Leader Mitch McConnell but it won’t include $1,200 in direct payments to most Americans
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Trump Focus Locked on Election as US Grapples With COVID Wave
As COVID deaths and hospitalizations rise in the United States, President Donald Trump’s focus remains locked on election grievances, which he aired in a 46-minute video recorded by the White House. Meanwhile, a bipartisan Senate measure is beginning to gain steam on Capitol Hill on a COVID financial relief bill. President-elect Joe Biden is urging Congress to reach a deal...
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Release of PPP Loan Recipients' Data Reveals Troubling Patterns
Sweeping data released by the Small Business Administration on who benefited from pandemic relief programs raises questions about the equitability and distribution of loans intended for small businesses, an initial analysis by NBC News shows. The analysis found that tenants paying rent at properties owned by the Trump Organization as well as the Kushner Companies, owned by the family of Jared...
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Congress Returns With Virus Aid, Federal Funding Unresolved
Congress is returning to Washington for one last attempt at deal-making this year
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With No Action by Washington, States Race to Offer Virus Aid
Governors and state lawmakers are racing to get pandemic relief to small-business owners, the unemployed, renters and others whose livelihoods have been upended by the widening coronavirus outbreak
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7 Charged With Stealing Millions in COVID Relief, Spending It on Lamborghini and Porsche
Seven people in two states were charged in an indictment with stealing millions of dollars in coronavirus relief funds and spending it on luxury products, including a Lamborghini and a Porsche, federal authorities said Tuesday.