Bipartisan talks in Washington continue with the aim of producing a significant COVID-19 response and economic “stimulus” measure that can be signed into law by President Donald Trump this summer. Republicans and Democrats remain far apart in the negotiations, according to sources on both sides of the talks. But discussions continue as pressure mounts on … Continue Reading
Talks among party leaders in Washington about a future COVID-19 relief package are at an impasse, with Democrats still adamant about enacting legislation that injects trillions of additional dollars into the American economy, and Republicans seemingly trying to run out the clock in hopes Democrats will consent to passing a “skinny” deal that temporarily addresses … Continue Reading
Bipartisan negotiations aimed at producing the next major federal COVID-19 response legislation – delayed by more than a week of infighting between congressional Republicans and the White House – are finally underway. The baseline for the talks: HEROES vs. HEALS, pitting the US$3.5 trillion HEROES Act passed by the US House of Representatives in May … Continue Reading
Coronavirus cases in the US are surging. States are closing bars and restaurants. States, local governments, schools and private enterprises are calling upon the federal government for aid, and the US Congress is preparing to craft bipartisan emergency legislation of US$1 trillion or more. It’s March 2020 all over again – only this time, legislators … Continue Reading
The COVID-19 pandemic has reclaimed headlines in America as new cases spike in states that some national health authorities say reopened their economies too swiftly. The US House of Representatives and US Senate are both in legislative session this week in advance of the Independence Day work period, but bipartisan talks to hammer out the … Continue Reading
President Donald Trump and congressional Republicans are being pressured by anti-establishment organizations to provide no further federal spending in response to the coronavirus. But the president and his team appear poised to move in the opposite direction, having recently revealed plans to put forth a US$1 trillion national infrastructure spending blueprint in the coming days … Continue Reading
With a month having passed since the Democratic-controlled US House of Representatives passed the US$3 trillion HEROES Act as a sequel to the bipartisan US$2.7 trillion CARES Act, calls are being renewed for Republicans in the US Senate to begin negotiations for the purpose of forging the next major federal coronavirus response deal. The White … Continue Reading
Recent Developments in the Paycheck Protection Program (PPP) Treasury Secretary Mnuchin announces important changes Senate small business committee Democrats ANNOUNCE a new PPP bill On Wednesday, June 10, 2020, in testimony before the Senate Committee on Small Business & Entrepreneurship yesterday, Treasury Secretary Mnuchin announced two major changes to the PPP that the Trump Administration … Continue Reading