New COVID stimulus deal: Not ‘perfect’ but will deliver ‘desperately needed support,’ Rep. Richard Neal says
Updated Dec 21, 2020;
Rep. Richard Neal of Massachusetts on Monday said the recently-struck COVID-19 stimulus deal is not perfect, but will offer “desperately needed support” to Americans grappling with the economic fallout of the pandemic.
“This deal is a good starting point and an important step in the short-term, but more must be done as the pandemic continues to grip the nation and the recession persists,” Neal said in a statement. “Congress will need to pass additional, substantial relief and stimulus legislation in 2021. Big investments must be made to create jobs, support families, and ensure states and localities have the resources necessary to continue providing essential services and distribute COVID vaccines quickly and fairly.”
Posted By Sanford Nowlin on Tue, Dec 22, 2020 at 12:32 PM click to enlarge Andrew Salazar of San Antonio s Donella Drive performs live, pre-pandemic. No, that $600 federal check isn t going to go far, but music fans have reason to celebrate the passage of the long-delayed second stimulus deal. The $900 billion package approved last night incorporates the Save Our Stages Act, which provides for $15 billion in Small Business Administration grants to help independent music venues survive the pandemic. Save Our Stages was introduced in July by Sens. John Cornyn, R-Texas, and Amy Klobuchar, D-Minnesota, in the Senate and U.S. Reps. Peter Welch, D-Vermont, and Roger Williams, R-Texas, in the House. It followed months of lobbying by venue owners warning that COVID-19 shutdowns will shutter clubs, bars and theaters acr
US Congress approves $900b coronavirus aid bill
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Tuesday Dec 22, 2020
Speaker of the House Nancy Pelosi (D-CA) walks back to her office after opening the House floor following an agreement of a coronavirus disease (COVID-19) aid package the night before on Capitol Hill, Washington, DC. Photo: Reuters
US House of Representatives, Senate pass the bill
Aid bill sent to US President Donald Trump
Scroll below for a summary of what is in the bill and what is not
WASHINGTON: After months of conflict, the United States Congress on Monday approved a $900 billion coronavirus aid bill attacked to the federal agency spending needed to avert a government shutdown at midnight when existing money expires.
American Loggers Celebrate Passage of Emergency Coronavirus Relief Act of 2020
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The American Loggers Council announced that America’s loggers will finally have an opportunity to receive much needed assistance to off-set losses experienced due to the COVID-19 shutdown. The Emergency Coronavirus Relief Act of 2020, the latest COVID-19 relief package, was passed by a bi-partisan vote in both the House and Senate. The amount of relief coming from the federal government is not meant to make these businesses whole, but rather to serve as a stop gap while they adjust their business plans to be able to operate under this new economy,”
Where s the Bull?: Cramer s Mad Money Recap (Monday 12/21/20)
As Jim Cramer likes to say, There s always a bull market somewhere. So where are your buying opportunities?
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Dec 21, 2020
There s always a bull market somewhere, Jim Cramer reminded his Mad Money viewers Monday. It s not always obvious, Cramer added, sometimes you have to dig for it. Even on a day like Monday, when news of a new COVID strain in the U.K. sent the market into maximum panic, there were still some great opportunities created.
No one ever made a dime panicking. When uncertainty roils the markets, Cramer told viewers to stay disciplined and look for positive stock-specific news that can shield them from declines.