CARES Act a major contributor to 8.2% spending increase. The Commerce Department released a report on Friday documenting American expenditures since the start of the pandemic. After rates…
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President Trump Considering Infrastructure Package
$1 trillion could help spur the economy back to life. President Trump and his administration is preparing an infrastructure package focused on transportation projects as part of its…
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National Park Service Announces Economic Impact of 2019
Over $41 billion in revenue generated last year. The Department of the Interior released its analysis of the economic impact of the nation’s national park system on Thursday…
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Federal Reserve Aims to Keep Interest Rates Low Into 2022
The semi-annual policy report predicts slow recovery. The Federal Reserve released its semi-annual report to Congress this past Friday. Chairman Jerome Powell is scheduled to present the report…
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White House Studying Additional Stimulus Options
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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