$1.9 trillion legislation intended to stimulate the economy. The House Rules Committee published the new coronavirus relief bill text on Wednesday. It includes three new categories of spending…
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Another Stimulus Package to Follow $1.9T
“Need to go further,” says Senator Schumer. The $1.9 trillion American Rescue Plan package is expected to pass the House of Representatives this week. The Senate will vote…
Read MoreHouse Panel Releases COVID-19 Stimulus Package
$1.9 billion bill seeks to curb economic fallout. The House Budget Committee has released its $1.9 trillion economic stimulus bill. The bill is the culmination of bipartisan talks,…
Read MorePresident to Meet With Canada’s Prime Minister
They will focus primarily on the shared goal of ending the COVID-19 pandemic White House Press Secretary Jen Psaki announced on Saturday that President Joe Biden will be…
Read MoreTreasury Secretary Virtually Attends G7 Finance Meeting
Provides assurance of U.S. commitment to international support for allies. On Friday, Treasury Secretary Janet Yellen virtually attended the G7 finance meeting with international finance ministers and central…
Read MoreCommerce Department Reports Trade Deficit
Reaches a twelve year high due to pandemic. The Commerce Department released its report on the status of the U.S. trade this past Friday. The gap between U.S.…
Read MoreVice President Breaks Senate Tie on Budget Vote
Bill sets a “blueprint” for COVID relief package. After a 15-hour “vote-a-thon” as members of the Senate considered multiple amendments to the budget bill, the final Senate vote…
Read MoreCommerce Department Releases 2020 Economic Report
Gross Domestic Product declined 3.5% in 2020 due to pandemic, social and political unrest. On Thursday, the Bureau of Economic Analysis within the Commerce Department released its summary…
Read MoreSenate to Debate Relief Bill Next Week
Senator Schumer says current economic conditions require additional aid. Senate Majority Leader Chuck Schumer of New York said the Senate debate on a coronavirus relief bill will begin…
Read MoreState Department Secretary Pledges Updated Approach
Reaffirms commitments to nation’s allies. Following his confirmation by the Senate, Secretary of State Antony Blinken began his role as the top diplomat of the United States. At…
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