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Policy · 116th Congress

Delayed COVID-19 aid spurs search for faster payments

[jwp-video n=”1″] Fed Accounts would be available at post offices and commercial bank branches. Because the accounts would exist on the Fed’s ledger, transactions could happen instantly.

Congress · 116th Congress

Budget nominee looks set to clear at least one Senate hurdle

that world markets “will understand borrowing during the COVID crisis but they don’t understand an extra trillion dollars a year in excessive borrowing during good times,” a reference to the projected $1

Policy · 116th Congress

Senate panel provides preview for next COVID-19 relief bill

Heidi Shierholz, director of policy at the progressive Economic Policy Institute and former chief economist at the Labor Department, told the committee that nearly 1 million government jobs at the

Congress · 116th Congress

Road ahead: Senate schedule so far unaffected by protests, DC curfews

“I hope and anticipate the Senate will soon take up and pass legislation that just passed the House by an overwhelming vote of 417-1 to further strengthen the Paycheck Protection Program so it continues

Congress · 116th Congress

$30 billion New York rail project hangs on recovery funds

Corrected Friday, 1:04 p.m. | Supporters of the Gateway Program, a $30 billion infrastructure project repairing a 10-mile stretch of Amtrak’s Northeast Corridor, have a new argument for their proposal:

Congress · 116th Congress

House narrowly passes $3 trillion coronavirus aid bill

The bill includes nearly $1 trillion in aid to local and state governments, which are facing steep budget shortfalls following a drop off in income tax revenue due to skyrocketing unemployment, as