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Page 183 - செனட் பெரும்பான்மை தலைவர் சார்லஸ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Schumer moves ahead on Biden COVID-19 relief, GOP talks go on

Advertisement The goal is to have coronavirus relief approved by March, when extra unemployment assistance and other pandemic aid expires, testing the ability of the new administration and Congress to deliver, with political risks for all sides from failure. Republican Sen. Susan Collins of Maine called the meeting a “frank and very useful” conversation, noting that the president also filled in some details on his proposal. “All of us are concerned about struggling families, teetering small businesses and an overwhelmed healthcare system,” said Collins, flanked by other senators outside the White House. Republicans are tapping into bipartisan urgency to improve the nation’s vaccine distribution and vastly expand coronavirus testing with $160 billion in aid. That is similar to what Biden has proposed. But from there, the two plans drastically diverge.

Schumer lays groundwork for moving COVID-19 relief

The House is expected to pass the budget resolution on Wednesday. While the Senate faces tens of hours of debate, and a marathon session known as a vote-a-rama, Democrats are hoping to pass the resolution by the end of the week. The decision to move forward comes after Biden met with a group of 10 GOP senators Monday night, with Republicans offering a $618 billion proposal. Both sides agreed to keep talking, but the White House signaled after the meeting that they are comfortable with moving forward with reconciliation and want a big package. [Biden] reiterated that while he is hopeful that the Rescue Plan can pass with bipartisan support, a reconciliation package is a path to achieve that end. The President also made clear that the American Rescue Plan was carefully designed to meet the stakes of this moment, and any changes in it cannot leave the nation short of its pressing needs, said White House press secretary Jen Psaki

Live updates: Biden to sign orders on immigration; House impeachment managers to lay out case against Trump

Live updates: Biden to sign orders on immigration; House impeachment managers to lay out case against Trump John Wagner © Jabin Botsford/The Washington Post President Biden speaks and signs executive orders in the Oval Office at the White House on Jan. 20. President Biden plans Tuesday to sign executive orders “modernizing” the immigration system, including one that aims to identify and reunite hundreds of families who were separated at the U.S.-Mexico border by the Trump administration. In advance of former president Donald Trump’s impeachment trial scheduled in the Senate next week, House impeachment managers face a morning deadline to file pretrial briefs laying out their case that Trump incited the Jan. 6 insurrection at the Capitol.

Senate to vote on budget resolution, readies Democrats COVID package

Senate to vote on budget resolution, readies Democrats COVID package Follow Us Question of the Day By Alex Swoyer and Stephen Dinan - The Washington Times - Tuesday, February 2, 2021 Senators voted Tuesday to begin debating a budget resolution, taking the first steps toward approving a final COVID-19 relief package without any Republican support. The 50-49 party-line vote kicks off a week-long process of debate and votes, which Democrats hope ends in passage. Senate Majority Leader Charles E. Schumer said Democrats will not “dilute” or “delay” a rescue bill over GOP objections, pointing to shuttered schools and continued high unemployment claims as evidence of an immediate need.

Stock market rebounds after GameStop frenzy, steep losses

© Getty Images Stocks bounced back Monday from a week of wild volatility and broad losses across the market. The Dow Jones Industrial Average closed with a gain of nearly 230 points, rising 0.8 percent Monday. The S&P 500 rose 1.6 percent, and the Nasdaq rose 2.6 percent. Shares of GameStop fell roughly 31 percent as the market opened to $225 per share, down from after opening at roughly $316. GameStop stock has risen by roughly 1,700 percent since the start of January thanks to a Reddit-organized short squeeze. ADVERTISEMENT As GameStop and other Reddit-targeted stocks soared last week, the rest of the stock market fell amid concerns over the pace of vaccine distribution, the spread of new coronavirus variants and how each may affect the recovery from the coronavirus recession.

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