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Congress · 116th Congress

JCT: Coronavirus aid bill to cut taxes by $591B over 10 years

The coronavirus financial rescue package the House will take up Friday would save U.S. households and businesses nearly $1 trillion in taxes this year, though companies would have to pay a chunk of that

Congress · 116th Congress

Jobless claims soar as House considers added benefits

[jwp-video n=”1″] Democrats claimed credit for boosting unemployment compensation from the bill that the Senate GOP released last week. Sen. Richard J.

Congress · 116th Congress

White House, Senate leaders agree on coronavirus stimulus package

“At last, we have a deal,” Senate Majority Leader Mitch McConnell, R-Ky., said on the floor a little after 1:30 a.m. “We’re going to pass this legislation later today.”

Congress · 116th Congress

More than $10 billion for Pentagon in Senate COVID-19 bill

The bill would provide $1 billion toward purchases under the Defense Production Act, a Korean War-era law that gives the president broad authorities to provide domestic industry with financial incentives

Congress · 116th Congress

Phase 4 coronavirus response? Not everyone is on the same page

[jwp-video n=”1″] Democratic plans The House led negotiations with the White House on the first two phases of Congress’ response to the pandemic, but the Senate took the lead on the phase three

Policy · 116th Congress

Supreme Court justices’ perks revealed in new report

[jwp-video n=”1″] Supreme Court justices fill out annual financial disclosures that list when a private entity or school gives them more than $390 in meals, lodging or transportation.

Congress · 116th Congress

Senators fight over last-minute adds to coronavirus aid bill

But Schumer earlier said the upcoming 1:30 p.m. votes were now “essentially irrelevant.” He added that “we’re prepared to speed up that agreement on the floor” once there’s a bipartisan deal.