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WASHINGTON (Reuters) – President Joe Biden’s proposed $1.9 trillion coronavirus relief bill would phase out $1,400 payments to high-income Americans in a compromise with moderate Democratic senators reached on Wednesday as the Senate prepares to vote on the bill.FILE PHOTO: A man makes his way past the U.S. Capitol on the day the House of […]
FILE PHOTO: U.S. President-elect Joe Biden arrives at his transition headquarters in Wilmington, Delaware, U.S., December 16, 2020. REUTERS/Kevin Lamarque/Pool/File PhotoWASHINGTON (Reuters) – U.S. President-elect Joe Biden said his administration will put forward another COVID-19 relief package next year, including a new round of stimulus payments. At a news conference on Tuesday, Biden said a […]
WASHINGTON (Reuters) – The Republican-led U.S. Senate will introduce a new proposal on coronavirus relief legislation on Tuesday and could schedule a vote as soon as this week, Senate Majority Leader Mitch McConnell said. He said the new proposal would target “some of the very most urgent healthcare, education, and economic issues.” “It does not […]
WASHINGTON (Reuters) – President Donald Trump accused congressional Democrats on Wednesday of not wanting to negotiate over a U.S. coronavirus aid package because he was refusing to go along with “ridiculous” spending requests unrelated to the pandemic. Trump’s comments came after top Republican and Democratic negotiators traded blame for a five-day lapse in talks over […]
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the White House and top Democrats in Congress may not be able to reach a deal on coronavirus aid, in the fifth day without talks on the stalemate blocking relief to tens of millions of Americans. Mnuchin, who spent nearly two weeks trying […]
WASHINGTON (Reuters) – A stalemate between the Republican White House and congressional Democrats over coronavirus relief ended in a fourth day without talks on Tuesday, with each party blaming the other for intransigence. The lack of progress was confirmed separately by Senate Majority Leader Mitch McConnell and House of Representatives Speaker Nancy Pelosi. Republicans and […]
WASHINGTON (Reuters) – Democrats in Congress urged the White House on Friday to join them again in negotiations on coronavirus economic relief, saying Republican President Trump cannot solve the problem by himself. After nearly two weeks of failing to make substantial progress, Trump has threatened to pull his negotiators out and instead issue executive orders […]
WASHINGTON (Reuters) – Republicans in the U.S. Senate pushed back on Tuesday against their own party’s $1 trillion coronavirus relief proposal the day after it was unveiled by Majority Leader Mitch McConnell, sending some U.S. stocks downward. McConnell and the chamber’s top Republicans unveiled the coronavirus aid package hammered out with the White House just […]
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin on Saturday said that the Trump administration supports extending enhanced unemployment benefits until the end of the year in the next round of coronavirus aid, albeit at a reduced level. The administration and the U.S. Congress have been trying to strike a deal on the next aid […]
WASHINGTON (Reuters) – President Donald Trump and congressional Republicans on Monday said they were working on a $1 trillion coronavirus relief bill focused on businesses, schools and healthcare, while Democrats vowed to oppose any proposal developed without bipartisan talks. In a meeting at the White House, Republican legislators and administration officials said they were making […]