Second Stimulus Checks: Could Trump Veto the Relief Bill?

Congress voted Monday to authorize a second round of stimulus payments to households as part of its roughly $900 billion coronavirus relief legislation. President Trump had been expected to sign the legislation, but he criticized the deal Tuesday night and called on lawmakers to increase direct payments to Americans to $2,000 from $600. Here is what weContinue reading “Second Stimulus Checks: Could Trump Veto the Relief Bill?”

Scores Of Private Charitable Foundations Got Paycheck Protection Program Money

Scores of private charitable foundations, set up by some of the nation’s wealthiest people, received money from the federal government’s Paycheck Protection Program, which was created last spring to save jobs at small businesses as the coronavirus tanked the economy. NPR has identified at least 120 foundations that collectively received more than $7.5 million inContinue reading “Scores Of Private Charitable Foundations Got Paycheck Protection Program Money”

Vaccine Boosts Fed Confidence That Worst-Case Outcomes Can Be Avoided

Federal Reserve officials have something new to talk about at their policy meeting this week: good news. This might sound a little absurd. Covid-19 infections, hospitalizations and deaths are hitting records. States and localities are imposing new restrictions on dining and other activities. Claims for unemployment benefits are rising, and the jobless rate fell in November for the wrongContinue reading “Vaccine Boosts Fed Confidence That Worst-Case Outcomes Can Be Avoided”

Will There Be Second Stimulus Check Before End of 2020?

While Democratic and Republican lawmakers have expressed new optimism that they will reach a coronavirus-aid deal, the current round of talks excludes a second round of stimulus checks for households. Here is the latest on the negotiations, and a look at whether checks could still be on the table. Where do talks stand? A bipartisan groupContinue reading “Will There Be Second Stimulus Check Before End of 2020?”