Stimulus Package Update Washington Post

28 2020 at 12 58 a m.

Stimulus package update washington post. Breaking news and analysis on politics business world national news entertainment more. Originally published for the first stimulus bill on march 26 2020 and then updated for the second. President trump on sunday night signed a 900 billion stimulus bill into law avoiding a government shutdown after he demanded changes to the sprawling package and.

The economy shed 140 000 jobs in december a. A stimulus bill the washington post. The emerging stimulus package is expected to include a new round of funding for the paycheck protection program which faced significant controversy for giving government aid to large corporations.

Washington post economics reporter jeff stein said thursday that the incoming biden administration is eyeing the passage of an economic stimulus bill with some republican support but the chances. Joe manchin iii d w va also expressed some hesitation about that amount in an interview friday with the washington post though he didn t rule out ultimately supporting a broader package. Many in washington see the current 900 billion stimulus bill as a precursor to a larger relief package in 2021.

Washington post economics reporter jeff stein tweeted the following on thursday from a source on the odds of a trump signed stimulus deal in the lame duck session. Biden s push for a big new stimulus package comes amid a rapid deterioration of the economy under the strain of a third wave of the coronavirus. With stimulus bill negotiations at an impasse markets are banking on a democratic sweep of next month s elections to quickly inject a massive package.