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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

Congress · 116th Congress

House Democrats ready proxy voting rules change

[jwp-video n=”1″] “We will now move forward on these temporary emergency procedures to ensure the House can continue fully working for the people during this public health and economic emergency

Congress · 116th Congress

Congress may be forced to deal with coming wave of bankruptcies

An economics study Gross, Kluender and others published last September found that hiked filing fees resulting from 2005 bankruptcy law revisions may have resulted in more than 1 million fewer bankruptcies

Congress · 116th Congress

April deficit soars to monthly record amid pandemic, aid bills

Since the fiscal year began Oct. 1, the agency said in a report issued Friday, red ink has stacked up to an estimated $1.48 trillion for the past seven months, or $949 billion more than the deficit

White House · 116th Congress

Coronavirus aid talks on pause, top White House official says

She and House Democratic committee leaders have been putting together another package that’s likely to exceed $1 trillion, though it wasn’t yet clear if the measure would be ready for a vote next