Trump administration expects virus death rate to double come June
Roughly twice as many people will die of Covid-19 every day in the United States by this time next month, the Trump administration is projecting, according to modeling made public Monday.
U.S. House OKs $484B in new coronavirus relief funds
The House of Representatives on Thursday sent to President Donald Trump’s desk a $484 billion package that pours hundreds of billions of dollars into a federal small business loan program and sets aside money for hospitals and testing amid the coronavirus pandemic.
Senate set to pass small business loan deal with agreement in hand
Congressional Democrats and the Trump administration reached agreement Tuesday to put hundreds of billions of dollars into a small business loan program while also funding testing and hospitals amid the coronavirus pandemic.
Billions more for small businesses stuck in congressional quicksand
Replenishment of a federal loan program for small businesses failed to get Senate approval Monday amid a dispute over money for coronavirus testing.
Manufacturing, industrial output sees worst month since 1946
Amid widespread closures aimed at slowing the spread of the coronavirus, U.S. manufacturing and industrial production in March posted the biggest declines since the aftermath of World War II, the Federal Reserve said Wednesday.
House passes $2 trillion virus stimulus bill, quashes one Republican’s objection
The House of Representatives passed a $2 trillion legislative response to the novel coronavirus outbreak Friday, sending to President Donald Trump’s desk a measure giving checks to most Americans as well as hundreds of billions of dollars to small businesses and large companies.
Senate passes powerhouse $2 trillion virus bailout bill
The Senate late Wednesday night passed a roughly $2 trillion economic support bill responding to the coronavirus outbreak that includes direct payments to most Americans, as well as hundreds of billions of dollars for small businesses and industries affected by the pandemic.
Stimulus checks would hand $3K to family of four, Mnuchin says
Treasury Secretary Steven Mnuchin said Thursday the Trump administration could start sending payments of $1,000 for adults and $500 for children as part of a $1 trillion economic stimulus package in response to the coronavirus outbreak.
Trump budget slashes LWCF, Medicaid; boosts border wall and defense spending
President Donald Trump released his final budget before the 2020 election on Monday, calling for cuts to public programs like Medicaid while boosting defense spending.
Impeachment trial will start next week, McConnell says
Senate Majority Leader Mitch McConnell said Tuesday he expects President Donald Trump’s impeachment trial to start next week, as the House nears a vote to transmit the articles of impeachment it approved last month.