economic stimulus package

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Senators' Proposal: Americans Should Get $2K a Month

Kamala Harris, Bernie Sanders, Ed Markey unveil 'big idea' to relief economic pain during pandemic

(Newser) - Americans who received a $1,200 stimulus check from the government to help mitigate financial losses during the coronavirus pandemic could now be coming to a sobering realization: It may not be enough. Three senators are saying the same, and they've just put forth a "big idea" to... More »

Next Move for Pelosi, Schumer Is 'Rooseveltian'

Senate minority leader says coronavirus relief plan is response to call for 'big and bold' action

(Newser) - With millions out of work and the future still murky amid the coronavirus pandemic, Americans are wondering what relief may soon be coming their way. Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi have something in the works: specifically, an aggressive economic stimulus plan that Schumer describes in... More »

Also Returning PPP Loan: The Lakers

Team borrowed $4.6M from federal pandemic relief fund

(Newser) - The Los Angeles Lakers have about 300 employees, which made the franchise eligible for a loan under the Paycheck Protection Program, created by the new $2.2 trillion coronavirus relief legislation. The team received a $4.6 million loan, the Los Angeles Times reports. But when the federal fund ran... More »

House Approves $484B More for Small Businesses, Testing

Democrats add a panel to investigate administration's actions

(Newser) - A $484 billion coronavirus relief package cleared the House on Thursday and is on its way to President Trump, who has said he will sign it. The legislation re-funds a tapped-out loan program for small businesses struggling during the pandemic slowdown, the New York Times reports, with a $320 billion... More »

Senate Passes $484B Coronavirus Relief Plan

It includes $25B for coronavirus testing

(Newser) - Congress and the White House reached a deal on a new $484 billion coronavirus relief package in late-night talks and it sailed through the Senate on Tuesday. The package includes around $310 billion for the Small Business Administration's Paycheck Protection Program, which ran out of money last week after... More »

Man Felt 'Violated' After Landlord Text on Stimulus Check

Ore. man says property manager illegally accessed payment status via IRS site, asked for rent

(Newser) - On April 15, Austin Goodrich received his stimulus check from the government. That same day, he got some odd texts from his property manager, per Business Insider . In messages documented by Joshua Browder, CEO of the DoNotPay legal chatbot, Goodrich's landlord asked him, "You got your stimulus, just... More »

Dead People Are Getting Stimulus Payments

Relatives of the deceased are asking: Will the government want it back?

(Newser) - The dead may tell no tales, but they do get stimulus checks—and media reports are cropping up about relatives wondering what to do with the windfall. "Obviously, she does not need stimulus right now," Jeanne Siracuse tells NBC News about her mother, who received $1,200 despite... More »

It's Easy to Check on Your Stimulus Payment

IRS.gov goes live with a tracking tool

(Newser) - It's safe to say everyone who's expecting a federal stimulus check is eager to "get my payment." Those wondering exactly when that will happen can now turn to "Get My Payment" to find out. The new feature on went live on IRS.gov on Wednesday,... More »

Stimulus Checks Will Have an Unusual Name on Them

A president's name, for the first time ever

(Newser) - If you're among the Americans checking their mailboxes for a stimulus check, the Washington Post reports that yours will be coming to you a little differently than any other IRS disbursement in history: It will bear the words "President Donald J. Trump" on the left-hand side of the... More »

That Stimulus Check? It Could Take 5 Months to Arrive

Those with direct deposit info on file should see money mid-month

(Newser) - Take a deep breath because it could be up to five months before you get a check from the government. Despite early assurances from Treasury Secretary Steven Mnuchin that Americans would be getting stimulus checks as soon as Monday, a memo obtained by CNN and NBC News suggests the first... More »

New Committee to Watch How Stimulus Money Is Spent

Republicans say there's enough oversight already

(Newser) - House Speaker Nancy Pelosi is launching a bipartisan committee to keep an eye on how the $2 trillion in the new stimulus bill is spent. "Where there's money there’s also frequently mischief," Pelosi said Thursday. "We want to make sure there are not exploiters out... More »

Treasury Does 180 on Stimulus Funds for One Set of Americans

Social Security recipients won't have to file tax return to get money

(Newser) - One of the biggest challenges the Treasury Department has in getting Americans their checks from the $2.2 trillion coronavirus stimulus package is tracking down people who don't file tax returns. Now, at least one key group of nonfilers will see that process expedited. The official word, delivered from... More »

New Forecast: 47M Jobs Lost

Unemployment could top 32%, economist writes

(Newser) - The head of the St. Louis Fed predicted last week that US unemployment will hit 30% before the economic damage inflicted by the pandemic is over. An economist at the St. Louis Fed has written a research paper saying the toll could be even worse: 32.1% unemployment, for a... More »

Here's When You'll Get Your Coronavirus Money

Mnuchin says payments will be made within 3 weeks

(Newser) - Americans will start receiving money from the $2.2 trillion coronavirus relief package within three weeks if the government has their bank details, Steven Mnuchin confirmed Sunday. "We expect that within three weeks that people who have direct deposit with information with us will see those direct deposit in... More »

Coronavirus Relief Money Will Be Coming Soon

Trump signs $2 trillion relief package, authorizing direct deposits or checks

(Newser) - Your relief money from the government is now officially in the works. President Trump signed the $2 trillion coronavirus stimulus measure at the White House late Friday afternoon, reports the Hill . He was able to do so after the House approved the bill via a rare voice vote, despite some... More »

House Passes Rescue Bill, Overcoming Threat of Delay

Relief money to Americans should be coming soon

(Newser) - No delay after all . The House Friday approved a $2.2 trillion rescue package Friday, seen as a life preserver to a US economy and health care system left flailing by the coronavirus pandemic, per the AP . The House approved the sweeping measure by a voice vote, as strong majorities... More »

Trump Denounces GOP 'Grandstander'

Rep. Thomas Massie taking flak over delaying passage of stimulus bill

(Newser) - Nancy Pelosi promised Friday morning that the House would pass the massive stimulus package that already has cleared the Senate before the day is done. But if so, passage won't be as easy as she originally planned, and one member of Congress is taking a lot of criticism over... More »

After Avoiding US Taxes, No Taxpayer Help for Cruise Lines

Major operators kept headquarters overseas

(Newser) - Cruise lines that kept their headquarters overseas to avoid paying American taxes won't be getting a bailout from American taxpayers. The Cruise Lines International Association industry group says that while the cruise industry has been hit extremely hard by the coronavirus pandemic, major operators will not qualify for any... More »

A Single Member of Congress Could Delay Stimulus Vote

One objection could kill voice vote Friday, require House members to return to DC

(Newser) - "We need to get this bill passed tomorrow," House Speaker Nancy Pelosi said Thursday of the $2 trillion economic stimulus package that already has cleared the Senate . To do that, she said, “We have to get people off their selfishness." Some Republicans, and one unnamed Democrat,... More »

Here's How Big Your Coronavirus Check Will Be

Most Americans will get a check ... or direct deposit

(Newser) - The Senate on Wednesday passed the biggest economic relief bill in US history—the AP gives a sense of scope by noting the $2.2 trillion price tag is equivalent to half the size of the entire $4 trillion-plus annual federal budget. Assuming the House passes it as expected on... More »

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