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December 20, 2020
The COVID-19 relief bill combines coronavirus-fighting funds with financial relief for individuals and businesses.
December 20, 2020
Business Sen. Pat Toomey, R-Pa., questions Treasury Secretary Steven Mnuchin during a Congressional Oversight Commission hearing on Capitol Hill in Washington, Thursday Dec. 10, 2020. (Sarah Silbiger/The Washington Post via AP, Pool) Senate Minority Leader Sen. Chuck Schumer of N.Y., walks on Capitol Hill in Washington, Tuesday, Dec. 15, 2020. (AP Photo/Susan Walsh) Previous Next Sunday, December 20, 2020 12:50 pm Agreement likely Sunday o...
December 20, 2020
WASHINGTON (AP) โ Top negotiators appear on the brink Sunday of agreeing to long-delayed legislation to deliver a new round of aid to pandemic-slammed businesses, $300 bonus jobless benefits and a $600 direct payment to most Americans, an aid package that is smaller than Democrats and President-elect Joe Biden would like. The must-pass measure, coming in at more than $900 billion, is expected to be released late Sunday and would be brought immediately to the House floor for a vote. It include...
December 20, 2020
Agreement likely today on nearly $1 trillion virus aid bill By ANDREW TAYLOR, The Assoicated Press Published: December 20, 2020, 11:01am Share: In this Dec. 15, 2029, photo, Senate Majority Leader Mitch McConnell of Ky., walks past reporters on Capitol Hill in Washington. (AP Photo/Susan Walsh) WASHINGTON โ Top Washington negotiators, propelled by a late-night agreement on the last major obstacle to a COVID-19 economic relief package, said a Sunday agreement is all but ine...
December 20, 2020
Dec 20, 2020 WASHINGTON (AP) โ Top Washington negotiators, propelled by a late-night agreement on the last major obstacle to a COVID-19 economic relief package, said a Sunday agreement is all but inevitable to deliver long-overdue pandemic aid of almost $1 trillion. โI am very hopeful that we get this done today,โ House Minority Leader Kevin McCarthy, R-Calif., told Fox News Channelโs โSunday Morning Futures.โ The breakthrough involved a fight over Federal Reserve emergency powers t...
December 19, 2020
Top Washington politicians getting COVID-19 vaccine before health care workers draws ire News 12 Staff Updated on:Dec 18, 2020, 6:15pm EST Vice President Mike Pence is one of many politicians getting the COVID-19 vaccine within the first weeks that its available. But are they getting it ahead of the countrys most vulnerable population? Pence, Second Lady Karen Pence, Senate Majority Leader Mitch McConnell and House Speaker Nancy Pelosi are among those getting the vaccine in front of cameras. I...
December 15, 2020
The message from Coons, a confidant of Biden, and a similar message from Senate Majority Whip Dick Durbin, D-Ill., came as a bipartisan group of lawmakers unveiled a detailed COVID-19 aid proposal on Monday in hopes it would serve as a model for their battling leaders to follow as they try to negotiate a final agreement. But the group was unable to forge a compromise on GOP-sought provisions shielding businesses from COVID-related lawsuits, a key priority of Senate Majority Leader Mitch McConne...
December 15, 2020
WASHINGTON (AP) โ Top Washington negotiators continue to reach for a long-delayed agreement on COVID-19 relief, but rank-and-file Democrats appear increasingly resigned to having to drop a demand for fiscal relief for states and local governments whose budgets have been thrown out of balance by the pandemic. House Speaker Nancy Pelosi spoke with Treasury Secretary Steven Mnuchin by phone Monday evening and continues to press for help for struggling states and localities. But top Democratic a...
December 15, 2020
n.a. The S&P 500 extendedย its pullback from recent months of gains, falling 0.4% to 3,647.49 on Monday after having gained 0.9% earlier in the session. It was its fourth straight decline, the first time thats happened since September. Treasury yields were mostly higher, a sign of optimism in the economy. However, on Tuesday the yield on the 10-year Treasury slipped to 0.89% from 0.90% late Monday. The Dow Jones Industrial Average dropped 0.6% to 29,861.55. The Nasdaq rose 0.5% to 12,440.04. Sm...
December 15, 2020
Peoria, IL, USA 1470 & 100.3 WMBD Dec 15, 2020 5:25 AM House Speaker Nancy Pelosi of Calif., speaks during a news conference at the Capitol, Thursday, Dec. 10, 2020, in Washington. (AP Photo/Manuel Balce Ceneta) WASHINGTON (AP) โ Top Washington negotiators continue to reach for a long-delayed agreement on COVID-19 relief, but rank-and-file Democrats appear increasingly resigned to having to drop a demand for fiscal relief for states and local governments whose budgets have been thrown out of...