WASHINGTON (Reuters) – The U.S. House of Representatives on Friday approved an unprecedented $2.2 trillion stimulus package to alleviate the economic devastation of the coronavirus pandemic and sent it to President Donald Trump to sign into law. Here are major elements of the plan. Cost estimates are provided by the Committee for a Responsible Federal
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FILE PHOTO: New York Governor Andrew Cuomo speaks in front of stacks of medical protective supplies during a news conference at the Jacob K. Javits Convention Center which will be partially converted into a temporary hospital during the outbreak of the coronavirus disease (COVID-19) in New York City, New York, U.S., March 24, 2020. REUTERS/Mike
WASHINGTON, March 28 (Reuters) – President Donald Trump offered a preview of his re-election campaign playbook last year when he visited the building site of a multi-billion-dollar cracking unit in western Pennsylvania, hailed as one of the largest construction projects in the country. U.S. President Donald Trump participates in a FOX News Channel town hall
WASHINGTON (Reuters) – The U.S. House of Representatives on Friday approved a $2.2 trillion aid package – the largest in history – to help cope with the economic downturn inflicted by the intensifying coronavirus pandemic, and President Donald Trump quickly signed it into law. The massive bill passed the Senate and House of Representatives nearly
WASHINGTON (Reuters) – Armed with hand sanitizer and discouraged from using elevators, members of the U.S. House of Representatives convened on Friday to quickly pass a sweeping $2.2 trillion coronavirus stimulus bill, though it was unclear whether they would be forced to delay. FILE PHOTO: U.S. Speaker of the House Nancy Pelosi (D-CA) speaks during
WASHINGTON (Reuters) – Leaders of the U.S. House of Representatives are determined to pass a $2.2 trillion coronavirus relief bill on Friday, or at the very latest on Saturday, hoping to provide the quickest help possible as deaths mount and the economy reels. On a call with fellow Democrats on Thursday afternoon, Speaker Nancy Pelosi
WASHINGTON (Reuters) – The U.S. Senate’s unanimous passage of a $2 trillion coronavirus relief bill sent the unprecedented economic legislation to the House of Representatives, whose Democratic leaders hope to pass it on Friday. FILE PHOTO: U.S. Senate Majority Leader Mitch McConnell (R-KY) gives a thumbs up while entering the Senate Chamber Floor after Congress
WASHINGTON (Reuters) – Republican and Democratic leaders of the U.S. Senate hoped to vote on Wednesday on a $2 trillion emergency package to alleviate the devastating economic impact of the coronavirus pandemic, but found themselves fending off critics from the right and left who threatened to hold up the bill. Top aides to Republican President
WASHINGTON (Reuters) – U.S. senators and Trump administration officials have reached an agreement on a massive economic stimulus bill to alleviate the economic impact of the coronavirus outbreak, White House official Eric Ueland said early on Wednesday. “We have a deal,” Ueland told reporters after days of negotiations on the package, expected to be worth
NEW YORK (Reuters) – Seven in 10 Americans now consider the coronavirus pandemic to be “a serious threat to me and my family,” according to a Reuters/Ipsos opinion poll that shows how wide, bipartisan segments of the country feel their lives have been turned upside down by the health crisis. A children’s playground is closed
WASHINGTON (Reuters) – The U.S. Senate could pass a $2 trillion coronavirus economic stimulus package as soon as Tuesday, negotiators said, insisting they had made significant progress despite failing so far to reach a bipartisan deal on the sweeping legislation. FILE PHOTO: White House Legislative Affairs Director Eric Ueland and U.S. Secretary of the Treasury
(Reuters) – Former organizers for Michael Bloomberg’s unsuccessful presidential bid sued the billionaire’s campaign on Monday, saying he laid them off amid the global coronavirus pandemic after promising pay and benefits through the November election. FILE PHOTO: Democratic U.S. presidential candidate Michael Bloomberg addresses supporters at his Super Tuesday night rally in West Palm Beach,
WASHINGTON (Reuters) – The U.S. Senate’s drive to pass a $1-trillion-plus coronavirus response bill remained stymied late on Sunday, as Democrats held out for more money to help state and local governments and hospitals, while Republicans urged quick action to give financial markets a sign of encouragement. Earlier on Sunday, the Senate failed to get
WASHINGTON/CHICAGO (Reuters) – A Senate Republican coronavirus stimulus package would provide financial aid to U.S. airports, transit systems and passenger railroad Amtrak, but $50 billion for struggling U.S. airlines would be a loan not a cash payout, according to a copy of the proposal seen by Reuters. A passenger wearing a mask sits next to
FILE PHOTO: Former Democratic U.S. presidential candidate Mike Bloomberg appears before supporters after ending his campaign for president in Manhattan in New York City, New York, U.S., March 4, 2020. REUTERS/Carlo Allegri WASHINGTON (Reuters) – Billionaire media mogul Mike Bloomberg will transfer $18 million to the Democratic National Committee (DNC) and several of the field
WASHINGTON (Reuters) – A member of U.S. Vice President Mike Pence’s office has tested positive for the coronavirus but neither President Donald Trump nor Pence have had close contact with the individual, Pence’s press secretary Katie Miller said in a statement on Friday. Miller said Pence’s office was notified on Friday evening about the positive