Biden stimulus plan could boost U.S. output by 5% over three years: IMF

No results matched your search Economy4 hours ago (Jan 26, 2021 02:35PM ET) 2/2 © Reuters. FILE PHOTO: U.S. President-elect Joe Biden delivers remarks on the U.S. response to the coronavirus disease (COVID-19) outbreak, at his transition headquarters in Wilmington 2/2 By Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden’s proposed $1.9 trillion economic…Continue Reading

Another stimulus could take a while. Here’s what Biden is doing.

Baltimore President Joe Biden plans to take executive action Friday to provide a stopgap measure of financial relief to millions of Americans while Congress begins to consider his much larger $1.9 trillion package to help those affected by the coronavirus pandemic.The two executive orders that Mr. Biden is to sign would increase food aid, protect job seekers on…Continue Reading

Biden Stimulus Gets Skeptical Response From Republican Moderates

No results matched your search Economy7 hours ago (Jan 20, 2021 02:54PM ET) Biden Stimulus Gets Skeptical Response From Republican Moderates (Bloomberg) — President Joe Biden’s proposed $1.9 trillion pandemic relief plan got a skeptical response from two Senate Republicans whose backing he would likely need for quick congressional passage. GOP Senator Mitt Romney of…Continue Reading

Despite stimulus help, fewer than 4 in 10 Americans could pay for an emergency $1,000 expense

By Aimee Picchi, Special to USA TODAY Published 12:01 a.m. ET Jan. 11, 2021 CLOSE Nancy Pelosi said Mitch McConnell and the Senate Republicans are holding up the distribution of $2,000 stimulus checks to the American people. USA TODAYFewer than four in 10 Americans could handle an unexpected $1,000 expense such as a medical bill or…Continue Reading

Democrats can now do this to pass $2,000 stimulus checks in the Senate

Democrats Jon Ossoff and Raphael Warnock won their Senate races in Georgia on Tuesday after promising that they would pass $2,000 stimulus checks. Democrats have said that $2,000 stimulus checks will be their top priority once they take control of the Senate, and they could use budget reconciliation to pass a bill without any Republican…Continue Reading

U.S. Could Give $1,875 Stimulus Checks For 8 Months For Same Cost As 2017 Trump Tax Cuts, Says Robert Reich

The U.S. could afford to give every American $1,875 stimulus checks for eight months for the same … [+] cost as the tax cuts that Trump passed in 2017, Robert Reich argued last week. Toronto Star via Getty Images The U.S. could afford to give every working adult $1,875 stimulus checks for eight months for…Continue Reading

Where’s My $600 Stimulus Check? IRS Says ‘Check Back Later’ on Payments

The Internal Revenue Services (IRS) on Tuesday night encouraged people waiting on a $600 stimulus check to “check back later” online as anger mounted among those who have not received their payments.The agency addressed concerns raised by some visiting their site who were confronted with a “please wait” or unable to process message due to…Continue Reading

Treasury Says Some Stimulus Checks Could Arrive As Soon As Tonight

getty Congress may still be debating the size of additional checks, but Treasury is already taking action to deliver a second round of Economic Impact Payments (EIPs, or stimulus checks). This second round of checks is part of the Coronavirus Response and Relief Supplemental Appropriations Act of 2021, passed by Congress last week and signed…Continue Reading

Stimulus checks, coronavirus bill, Cotton Bowl: 5 things to know Wednesday

Editors, USA TODAY Published 3:04 a.m. ET Dec. 30, 2020 | Updated 6:38 a.m. ET Dec. 30, 2020CLOSEYou could receive your $600 stimulus check, Treasury saysStimulus money could be coming to your bank account on Wednesday. Treasury Secretary Steve Mnuchin tweeted on Tuesday evening the department “has delivered a payment file to the Federal Reserve…Continue Reading

Push for $2,000 stimulus checks hits Senate buzzsaw

Bipartisan calls to increase the amount of COVID-19 relief checks to $2,000 is facing resistance in the GOP-controlled Senate and sparking division between President TrumpDonald TrumpTrump calls for end to ‘religious persecution worldwide’ on 850th anniversary of Thomas Becket’s death Michael Cohen interview sparks questions after he mentions prison friends ‘Tony Meatballs and Big Minty’…Continue Reading