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S&P 500, Dow soar to records as stimulus signing extends recovery bullishness

The $1,400 payments included in the stimulus package will start hitting bank accounts as early as this weekend, the White House said. Getty Images US stocks surged on Thursday as President Bi.....»»

Category: worldSource: nytMar 11th, 2021

OECD doubles 2021 US growth prediction to 6.5% after Joe Biden"s $1.9 trillion stimulus bill

The OECD said there "would be a clear immediate boost from stimulus payments to households" from the $1.9 trillion support package. President Joe Biden's flagship $1.9 trillion.....»»

Category: dealsSource: nytMar 9th, 2021

Ted Cruz"s claims about undocumented people getting $1,400 stimulus checks were shot down by Dick Durbin as "just plain false"

Senators Dick Durbin and Ted Cruz scuffled on Saturday, after Cruz said the $1.9 trillion stimulus package included payments to "illega.....»»

Category: topSource: businessinsiderMar 7th, 2021

House Democrats gear up for Friday vote on the $1.9 trillion Biden stimulus package

Senate Democrats are awaiting a key decision that would determine whether a $15 minimum wage can be included in the final package. Nancy Pelosi and Democra.....»»

Category: topSource: businessinsiderFeb 24th, 2021

Stimulus payments cleared another hurdle as a House committee approved $1,400 checks along party lines

Committees are debating different elements of Biden's relief package, which could receive a full vote in the House during the week of February 22. Bill Oxford/Getty Images A House committee approved Biden's proposed $1,400 stimulus checks wi.....»»

Category: personnelSource: nytFeb 12th, 2021

House Democrats voted to circumvent Republicans and start passing Biden"s $1.9 trillion stimulus package on their own

Biden met with Democrats earlier in the day and they doubled down on their intent to move swiftly on a package that includes direct payments. Ho.....»»

Category: personnelSource: nytFeb 4th, 2021

House Democrats voted to circumvent Republicans and pass Biden"s $1.9 trillion stimulus package on their own

Biden met with Democrats earlier in the day and they doubled down on their intent to move swiftly on a package that includes direct payments. House Speaker Nancy Pelosi sanitiz.....»»

Category: smallbizSource: nytFeb 3rd, 2021

10 GOP Senators plan to propose a new compromise COVID-19 bill which would shrink direct payments to Americans from $1,400 to $1,000

The proposed $600 billion stimulus package would be smaller than the $1.9 trillion plan envisioned by President Joe Biden and most Democratic leaders. Sen. Susan Collins (R-Maine) speaks with Sen. Rob Portman (R-Ohio) in the Capito.....»»

Category: dealsSource: nytJan 31st, 2021

Cutting off stimulus checks to Americans earning over $75,000 could be wise, new data suggests

President Biden is debating another round of $1,400 stimulus payments. Some in Congress have urged the president to target aid to lower-income families only......»»

Category: topSource: washpostJan 26th, 2021

Joe Biden suggests the Senate could split days between a Trump impeachment trial and passing another coronavirus relief package

"My priority, first and foremost, is to get the stimulus bill passed and, secondly, begin to rebuild the economy," Biden said. .....»»

Category: worldSource: nytJan 11th, 2021

Joe Biden laid out 4 priorities for another stimulus package once he takes office. But he"s up against Republicans who don"t want more relief spending.

Biden's priorities included another round of stimulus checks, aid to state and local governments, and extending enhanced unem.....»»

Category: topSource: businessinsiderDec 22nd, 2020

House passes $900 billion stimulus plan with direct payments and federal unemployment benefits, clearing the way for a Senate vote

The package is just under half of the relief spending Democrats wanted before the election. They say will press for more once Biden takes office. Tom Williams/CQ-Roll Call via Getty Images The House approved the $900 billion st.....»»

Category: topSource: businessinsiderDec 21st, 2020

Coronavirus stimulus checks: University cancels student loans using Biden’s stimulus money

President Joe Biden’s $1.9 trillion stimulus package came with no direct aid for students. However, the indirect coronavirus stimulus checks to stude.....»»

Category: blogSource: valuewalkMay 18th, 2021

The White House says it"s up to Congress to decide on sending more stimulus checks because they"re "not free"

Jen Psaki instead touted a remodeled child tax credit from Biden's stimulus, a measure allowing up to $300 monthly cash payments for parents. White House Press Secretary Jen Psak.....»»

Category: personnelSource: nytMay 4th, 2021

Biden’s economy shows strength, but recovery is far from complete

The American Rescue Plan stimulus package and broad economic optimism have helped businesses and consumers, but many Americans are still jobless......»»

Category: topSource: washpostApr 22nd, 2021

When will "plus-up" stimulus check payments arrive? Catch-up COVID payments sent to 700,000 Americans in latest batch

The IRS sent out COVID-19 relief checks to nearly 2 million more Americans. It included more than 700,000 "plus-up" payments for people who were eligible for additional m.....»»

Category: topSource: usatodayApr 14th, 2021

: U.S. budget deficit soars to $660 billion in March after stimulus checks are sent out

The U.S. budget deficit skyrocketed in March after the government approved a $1.9 trillion coronavirus-relief package that included $1,400 stimulus checks for most Americans......»»

Category: topSource: marketwatchApr 12th, 2021

4 reasons the Democratic push for a huge infrastructure package will be tougher than the stimulus scramble

The path ahead for Democrats on upwards of $3 trillion of infrastructure spending looks different from the one that produced a $1.9 trillion stimulus. President Joe Biden and Vice President Kamala Harris meet with Speaker Nancy Pelosi at.....»»

Category: topSource: businessinsiderApr 12th, 2021

Stimulus checks sent to 156M Americans, including Social Security beneficiaries and "plus up" COVID payments

The IRS has issued more than 156 million stimulus payments under President Biden's American Rescue Plan. Here'.....»»

Category: topSource: usatodayApr 7th, 2021

Americans have saved $1.6 trillion since the pandemic started and it poses little inflation risk, the Fed says

Americans were sitting on $1.6 trillion of cash even before Biden's stimulus sent them more direct payments. The Fed estimates a third will be spent. A man uses th.....»»

Category: smallbizSource: nytApr 5th, 2021