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Biden's stimulus may have just saved NYC and other local governments


Alexi Rosenfeld/Getty Images
That includes $5.6 billion for New York City, which has been seeking federal aid.
Many local governments have warned of steep budget cuts without funding from the federal government.
An ominous question lingered over much of 2020 and early 2021: What will happen to all the cities and states facing huge revenue shortfalls from the coronavirus
recession
?
Most famously, some commentators have gone so far as to say 2020 killed New York City, a metropolis in which interpersonal contact is a fact and way of life. Some Wall Street executives voted with their feet late in the year, moving to Florida along with some of their operations.

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Joe Biden's $1.9 trillion COVID-19 relief plan passes hurdle in U.S. House


Joe Biden's $1.9 trillion COVID-19 relief plan passes hurdle in U.S. House
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Last Updated: Feb 27, 2021, 12:56 PM IST
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Synopsis
Among the big-ticket items in the bill are $1,400 direct payments to individuals, a $400-per-week federal unemployment benefit through Aug. 29, and help for those having difficulties paying their rent and home mortgages during the pandemic.
Agencies
Biden has focused his first weeks in office on tackling the greatest public health crisis in a century, which has upended most aspects of American life.
The House approved a $1.9 trillion pandemic relief bill early Saturday in a win for President Joe Biden, even as top Democrats tried assuring agitated progressives that they'd revive their derailed drive to boost the minimum wage.

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Biden's $1.9 trillion COVID-19 aid bill passes hurdle in US House


Biden's $1.9 trillion COVID-19 aid bill passes hurdle in US House
The House Rules Committee turned back scores of Republican attempts to modify the package and sent it to the House floor for passage late Friday or early Saturday
Reuters | February 27, 2021 | Updated 10:34 IST
US President Joe Biden with Vice President Kamala Harris
The US House of Representatives moved toward a late-night vote on President Joe Biden's $1.9 trillion coronavirus aid bill on Friday as Democrats who control the chamber steered the sweeping measure toward approval. The House Rules Committee turned back scores of Republican attempts to modify the package and sent it to the House floor for passage late Friday or early Saturday.

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Dems Will Seek Other Ways to Achieve Minimum Wage Boost, Will Still Support Relief Bill, Prof Says


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The little-known, but powerful woman shaping the Senate impeachment trial and coronavirus stimulus

In the coming days and weeks, MacDonough will advise senators on the complex rules of an impeachment trial and on reconciliation as Democrats push Biden's agenda.

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Biofuels Included in Ag Provisions of COVID Relief Deal Moving through Congress – Advanced BioFuels USA


 
Excerpt from House Agriculture Committee:  The Agriculture Committee was given a total of $26 billion to spend on COVID relief for nutrition assistance and agriculture and rural programs. Half of that funding, $13 billion, was provided to the House Agriculture and the House Education & Labor Committees to provide nutrition assistance. The other $13 billion went to agricultural assistance and programs. Of that $13 billion, $300 million was provided to the Commerce Department to operate a program to assist the fisheries industry.

May make payments to producers of advanced biofuel, biomass-based diesel, cellulosic biofuel, conventional biofuel, or renewable fuels with market losses due to COVID-19;  READ MORE

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