Page 8 - Relief Programs News Today

Chris. i think the more you -- kyrsten sinema. the more you dig into bill back better, the worse it is in terms of spending. theres something called build back better going on around the world and this is a about social spending, providing social safety nets and paying people. one of the reasons that inflation is going to get significantly worse is because of the greater spending we have through build back better and through other covid-19 relief programs, spending weve done in the past. taxes w...

Relief programs, we now know at least a trillion plus for infrastructure, dont yet know on the social bill. all of these are very, very liquid events, in other words, pouring money into the system gets into the hands of consumers and they start to buy goods and services. here is where it gets complicated. the goods they want are stuck on a ship outside of a port of los angeles, sometimes may whine up to six weeks. that problem had not been solved yet. companies make things like cars, used to rel...

Around the world thursday morning. hong kong closed for a holiday. european shares opened higher. on wall street, stock index futures at this hour are moving higher as well. stocks closed mixed after a key inflation report showed prices for consumers are still rising. the dow fell slightly, the s&p 500 and the nasdaq closed higher. we also saw minutes from the fed reserves last meeting showing it will likely start cutting back on bond purchases later this year. more earnings rolling in this morn...

John? >> well, qatar and the scene of a lot of those refugees arriving are critical negotiations. thank you very much. all u.s. senators will receive an unclassified virtual briefing on afghanistan this afternoon from top cabinet officials. and cnn has learned that some republicans are already angling to capitalize politically on the crisis. viewing afghanistan as their new benghazi. lauren fox is with us now. look, they see political opportunity in this. this has been bungled by the biden adm...

On top of those state benefits, another 110,000 people filed for special pandemic relief programs, that brings the total to 529,000 people filing for benefits in just one week. economists note that the delta variant could threaten the recovery in the labor market if businesses are forced to limit operations and force to layoff workers once again. but a research firm says that while the delta variant will likely slow the pace of economic growth for a while, the national picture probably wont suff...

Address inequalities? and how? >> well, your skepticism is well placed and appropriate. there are some very significant differences. i mean, after 2008, certainly in the uk and across europe, there was the embrace of austerity. the banks essentially created this catastrophe, ordinary people paid for the costs of cleaning it up through diminished services, and a lot of the impacts of that have been felt in this pandemic which has revealed the consequences of cutting social safety nets, cutting he...

Is how much we have already spent and how much more do we need to spend? thats one side of the equation. the other side is what they are talking about. where do you get the money? theres unspent money from the covid relief programs. all the way back and certainly on the rescue program. that money can then be used to pay for the new expenditures for infrastructure. so there really are two sides to the equation. one is where you get the money. you can get it from unspent money in the covid relief....

The Covid relief bills passed by Congress provided direct assistance to the majority of American households, and according to a new report from analysts at the University of Michigan, those payments had a powerful, positive impact on recipients’ financial and emotional well-being. Researchers Patrick Cooney and Luke Shaefer analyzed data from the Census Bureau’s Household Pulse Survey and found strong and unambiguous benefits provided by the relief payments. “Our analyses th...

Americas first second gentleman visited Maryland to meet with business owners and discuss challenges theyve faced during the COVID-19 pandemic.Douglas Emhoff, husband of Vice President Kamala Harris, visited the Eastport neighborhood of Annapolis Tuesday morning."I may be the first, but Id better not be the last. This has to be an everyday occurrence," Emhoff said.Emhoff toured the Annapolis Maritime Museum and heard about oysters, the health of the Chesapeake Bay and how two Paycheck Prot...

SDSU Extension is resuming its virtual “Drought Hour” educational program series today (May 10). Drought Hour will be held May 10, 17 and 24 from 11am-noon CST. SDSU Extension specialists will provide participants with information to stay ahead of drought impacts with climate updates, business insights and the latest research-tested management tips for farms, ranches and properties of all sizes. The May Drought Hour webinars will cover the following topics: May 10: “Weathering the Storm i...