Stimulus Package Update Today Newsmax

The stimulus package along with the spending bill waited a week for the president s signature.

Stimulus package update today newsmax. Higher taxes and a lower stock market will result from president elect joe biden s relief stimulus package if passed according to political strategist boris epshteyn on newsmax tv. In less than a week a moratorium on evictions expires putting millions at risk of being forced from their homes over the holidays. Blackburn one of only six republican senators to vote against the package told fox news american s newsroom that i think it is fair to say that president trump fully understands the best economic stimulus is a job and there is a lot in this bill that gets in the way of economic recovery.

President donald trump said he wants an even bigger stimulus than what democrats have offered so far seeming to undercut his own negotiators who had prepared a 1 8 trillion offer to make to house speaker nancy pelosi today i would like to see a bigger stimulus package. Treasury secretary steve mnuchin and white house chief of staff mark meadows on sunday called on congress to pass a coronavirus relief bill using leftover funds from the small business loan program as negotiations on a more comprehensive package face resistance. Although congress over the weekend reached an agreement on a second coronavirus stimulus package the washington post notes that the money it provides will run out a few months in 2021.

Today about 10 million americans will lose unemployment insurance benefits. At issue was the amount of the stimulus check trump was pushing for 2 000 as well as. The legislation that both parties agreed on which totals about 900 billion in funding does not include direct state or local aid and it does not extend unemployment benefits past the middle of march.

Similar to the cares act individuals making between 75 000 and 100 000 will. The 600 checks will only go out to individuals making less than 75 000 a year or couples making less than 150 000. Liberal news host ana kasparian ripped nancy pelosi d calif claiming the house speaker short changed americans in the covid 19 stimulus package.