Looking for ways to incentivize reopening phase. President Trump and his senior advisers plan to meet this week to review options for the next coronavirus relief package. The…
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IRS to Allow Benefit Changes Mid-year
With employer consent, workers can adjust their coverage. The IRS recently announced that, for the remainder of 2020, employees can change their health coverage programs as long as…
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White House Aims to Cut Provider Red Tape
President seeks to maintain reduced healthcare occupational regulations. President Trump would like make certain regulation reductions permanent that have temporarily been suspended for doctors and nurses due to…
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Reopenings Boost Consumer Confidence
Optimism is inching up from six year low. Consumer confidence picked up slightly during May, showing signs of stabilizing, but still remaining near a six-year low in the…
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As Businesses Reopen, Many Americans Hesitant
Poll of 1,000 consumers in mid-May shows reluctance to venture out. A majority of states in the Union have opted to reopen with a variety of protective measures…
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Employment Turnaround Coming Soon, White House Says
A fourth round of stimulus should help get things moving. White House economic adviser Kevin Hassett said Friday that June could mark a turning point in massive joblessness…
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Secretary Mnuchin Warns Unemployment Beneficiaries
Return to work if you are asked to, he urges. In testimony before the Senate Banking Committee on Tuesday, Treasury Secretary Steven Mnuchin warned that individuals who reject…
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President Seeks 7.6% Payroll Tax Cut
The hope is it will help the economic pain caused by the coronavirus. White House Economic Adviser Larry Kudlow said Tuesday that President Trump wants to see a…
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Administration Approves Massive Solar Farm
Should generate enough power for 260,000 homes. The Trump Administration’s Interior Department approved a proposal to construct and operate the largest solar power project in America’s history, issuing…
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Economy Has Likely Bottomed, Fed Member Says
Economy will be “headed up,” Thomas Barkin sugests. The president of the Federal Reserve Bank of Richmond, Thomas Barkin, believes America’s economy is probably at its lowest point…
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