Where $10K Per American in Covid Relief Has Gone, and What Might Come Next
Other Spending Note: Per-person figures are calculated by dividing spending by 330 million, the total U.S. resident population.·Source: Committee for a Responsible Federal Budget House Democrats are drafting new Covid-19 relief legislation modeled after a $1.9 trillion plan that President Bidenproposed last month. Here’s how the Biden plan compares with an alternate proposal by 10 Senate Republicans, and with the $3.4 trillion in relief the equivalent of $10,300 for every American that has been enacted over the past year. Small-Business Aid
$50 b More than $900 billion $2,739 per American has been spent to help small businesses remain afloat. Both the Biden plan and the one proposed by G.O.P. senators include a modest amount of additional support.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
HealthEquity Reports Year-End Sales Metrics
HealthEquity, Inc.February 8, 2021 GMT
DRAPER, Utah, Feb. 08, 2021 (GLOBE NEWSWIRE) HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA”) non-bank custodian, today announced HSA Assets and Total Accounts as of its fiscal year ended January 31, 2021.
The total number of HSAs as of January 31, 2021 was 5.8 million, an increase of 8%, from 5.3 million as of January 31, 2020. The Company closed its fiscal year 2021 with 12.8 million Total Accounts, the same as in the prior fiscal year. HSA Assets grew to $14.3 billion as of January 31, 2021, an increase of 24% from $11.5 billion a year earlier.
Get used to the following term budget reconciliation.
This is the special parliamentary process President Biden and congressional Democrats plan to use to advance the next coronavirus relief package. It will likely take a few weeks just to move such a COVID-19 measure. But, an understanding of the process may shed light on the policy – and the political realities of Capitol Hill.
President Biden and Democrats in Congress have long memories about how Republicans responded to big legislative initiatives 12 years ago. The country reeled after the financial crisis. But many Republicans made a pact to reject a stimulus package to help boost the economy. Later that year, and, in early 2010, Republicans also voted nearly in lockstep to oppose ObamaCare.
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