D.C. Deal Near on COVID-19 Economic Aid Bill

Congressional negotiators are closing in on a $900 billion COVID-19 economic relief package that would deliver additional help to businesses, $300-per-week jobless checks and $600 stimulus payments to most Americans. But there was no deal quite yet.

McConnell Rejects $908B Bipartisan Stimulus Proposal

Top Senate Republican Mitch McConnell said he’s largely sticking with a partisan, scaled-back COVID-19 relief bill that has already failed twice this fall, even as Democratic leaders and a bipartisan group of moderates offered concessions in hopes of passing pandemic aid before Congress adjourns for the year.

Congress’ Inaction Threatens the Economy

A specter is haunting America. It’s not the animating spirit of a certain German’s fever dreams, but one that still sends chills down the spine of many of the nation’s top capitalists: a lack of government economic aid.

Congress Must Prepare for the Worst

Until now, most economic policy responses to the coronavirus have been constructed under optimistic assumptions of a rapid rebound. While we won’t know for a few more months whether this is the case, it is past time policymakers planned for the worst.