by The Associated Press | Dec 17, 2020
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.
by Peter Paul Payack | Dec 13, 2020
Senate Majority Leader Mitch McConnell has a big present for the American economy this year. Just kidding.
by The Associated Press | Dec 11, 2020
An emerging $908 billion COVID-19 aid package from a bipartisan group of lawmakers has all but collapsed after Senate Majority Leader Mitch McConnell said Republican senators won’t support $160 billion in state and local funds as part of a potential trade-off in the deal.
by The Associated Press | Dec 2, 2020
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.
by Banker & Tradesman | Nov 22, 2020
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.
by Banker & Tradesman | May 31, 2020
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.
by The Associated Press | May 26, 2020
Congress is at a crossroads in the coronavirus crisis, wrestling over whether to “go big,” as House Speaker Nancy Pelosi wants for the next relief bill, or hit “pause,” as Senate Majority Leader Mitch McConnell insists.
by The Associated Press | May 18, 2020
After approving nearly $3 trillion to help stem staggering losses for businesses and workers, Republicans say they want to see if that aid is sufficient as unemployment claims slow and shelter-in-place orders are eased.
by Banker & Tradesman | Apr 26, 2020
Calls that states hit hard by the coronavirus pandemic should seek bankruptcy rather than federal assistance are irresponsible and an abandonment of cherished national principles.