White House ups bid in last-ditch COVID talks with Congress
The White House is backing a $400 per week pandemic jobless benefit and is dangling the possibility of a COVID-19 relief bill of $1.6 trillion.
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Pelosi, Mnuchin have ‘extensive’ talks on potential COVID relief package
At issue is a long-delayed package that would extend another round of $1,200 direct stimulus payments, restore bonus jobless benefits, speed aid to schools and extend assistance to airlines, restaurants and other struggling businesses.
Mnuchin sees one more chance for stimulus, as House readies vote
U.S. Treasury Secretary Steven Mnuchin suggested he’ll offer Democrats a proposal for roughly $1.5 trillion in pandemic relief. He said the plan is similar to one put forward by a bipartisan group of House members.
Pelosi, Meadows say they’re hopeful new economic relief deal within reach
Many lawmakers are feeling intense pressure to make a new deal, with millions still out of work and cities and states delaying infrastructure projects and laying off workers because of massive revenue shortfalls.
Economic relief talks between White House, Pelosi suddenly resume
The White House and House Speaker Nancy Pelosi, D-Calif., renewed discussions over a possible economic-relief bill as Democrats offered a $2.2 trillion package and Treasury Secretary Steven Mnuchin immediately engaged in talks.
Trump used strategies common among real estate developers to shrink taxes
U.S. tax law has long been kind to big real estate developers. It allows them myriad legal loopholes and breaks that can significantly shrink their tax bills.
Report: Trump avoided paying income taxes for years as businesses lost money
President Donald Trump called the story by the New York Times “fake news.” His attorney said Trump has paid “tens of millions of dollars in personal taxes to the federal government” over the past decade.
Judge blocks TikTok ban in 2nd ruling against U.S. effort to curb popular Chinese apps
During a rare Sunday hearing, the judge questioned whether TikTok had been given enough opportunity to defend itself before President Donald Trump issued an executive order last month barring the app from online stores.
Justice Department expected to file antitrust action vs. Google
The anticipated lawsuit against Google could be the government’s biggest legal offensive to protect competition since the groundbreaking case against Microsoft almost 20 years ago.
House backs bill to boost ‘clean energy,’ enhance efficiency
The House bill, dubbed the “Clean Economy Jobs and Innovation Act,” would support clean energy technologies through research and development funding. It also boosts electric cars and programs to finance clean energy projects.
Pelosi abruptly shifts course, restarts economic relief push
The parameters of the new legislation were not immediately clear but it’s expected to be narrower in scope than the failed $3.4 trillion Heroes Act the House passed in May.
House easily passes stopgap funding bill, averting shutdown
In a sweeping bipartisan vote, the House passed a temporary government-wide funding bill Tuesday night, shortly after President Donald Trump prevailed in a behind-the-scenes fight over his farm bailout.
UPDATE: Braun, Young support vote on Supreme Court nominee before November
Senate Republicans have swiftly fallen in line behind President Donald Trump’s push to fill the late Justice Ruth Bader Ginsburg’s Supreme Court seat. Trump, who will announce his nominee Saturday, is all but certain to have the votes to confirm his choice.
House Democrats hope to pass funding bill to avert shutdown
A mini-furor over farm subsidies is threatening to delay passage of the measure. It ignited when Democratic leaders left out a key provision for farmers. Democrats from farm country are reluctant to approve the measure without the GOP-backed provision.
Barrett, emerging as high court favorite, meets with Trump at White House
The president told reporters he was still going to be interviewing other candidates and might meet with Judge Barbara Lagoa when he travels to Florida later this week.
Watchdog: Millions in danger of missing virus relief payouts
The Government Accountability Office, Congress’ auditing arm, said that possibly 8.7 million or more individuals who are eligible for the economic impact payments have yet to receive those payments.
Failure risks escalate for small businesses as pandemic drags on
Business advisers and advocacy groups say many small businesses that have managed to survive the pandemic so far are heading into a brutal fall.
Google exec put on hot seat in Congress over advertising power
The Justice Department is reportedly readying a major case accusing Google of abusing its dominance in online search and advertising to stifle competition and boost its profits.
Indiana requests to borrow $300M from federal government for jobless benefits
Indiana Department of Workforce Development chief of staff Josh Richardson said the state’s unemployment insurance trust fund is expected to run dry by the end of September.
Pelosi: House to stay in session until COVID-19 rescue pact reached
Speaker Nancy Pelosi’s comments came as moderate Democrats, many from areas won by President Donald Trump four years ago, signed on to a $1.5 trillion rescue package endorsed by the bipartisan Problem Solvers Caucus.