Posted in Clips coronavirus Economy Mitch McConnell National Debt Politics Republicans

McConnell: About 20 Senate Republicans ‘Don’t Think We Ought to Do Another Package’

During an interview aired on Wednesday’s broadcast of “PBS NewsHour,” Senate Majority Leader Mitch McConnell (R-KY) stated that there are about 20 Republican members of the…

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Posted in CARES Act Cares Act II coronavirus Economy Mitch McConnell Politics Senate

Republicans Delay Release of Coronavirus Relief Plan

Plans to release the coronavirus relief proposal fell apart Thursday afternoon.

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Posted in CARES Act Democrats Economics HEROES Act House of Representatives Joblessness Labor Department Mitch McConnell Nancy Pelosi Republicans Senate unemployment

Jobless Claims Eclipse 40 Million Under Pandemic Lockdowns

While Thursday’s new jobs numbers show an 8-week decline in new first-time filings, new jobless claims still shatter previous records.

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Posted in capital gains tax coronavirus Donald Trump Economy health Kevin McCarthy Mike Pence Mitch McConnell on the Hill payroll tax cuts Politics Trial lawyers

Exclusive — Mike Pence: Phase Four Coronavirus Bill Should Have ‘Legal Shield’ from Trial Lawyers, Payroll Tax Cut, Economic Boosters

Vice President Mike Pence told Breitbart News he believes any fourth phase coronavirus relief package from Congress must focus on directly supporting American families and…

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Posted in Chamber of Commerce Congress coronavirus Economics Harvard Harvard Business School Heritage Foundation Illinois Mitch McConnell Nancy Pelosi pandemic Small Businesses unemployment University of Chicago University of Illinois

100,000 Businesses Have Permanently Collapsed Under Pandemic Lockdowns

More than 100,000 small businesses have permanently shuttered within just two months as pandemic lockdowns devastated the nation’s economy.

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Posted in coronavirus Donald Trump Economy health Mike Enzi Mike Lee Mitch McConnell Nancy Pelosi Politics Rick Scott Ron Johnson Ted Cruz

GOP Senators to Trump: Reject ‘Blank Check’ Bailouts to State Governments

Several Republican senators wrote to President Donald Trump on Thursday, urging him to reject a “blank check” bailout to indebted states that would not help…

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Posted in Andrew Cuomo bailouts Budget coronavirus Donald Trump Economy federal spending bill Kentucky Mitch McConnell New York Politics Pre-Viral Taxes

Democrat NY Gov. Andrew Cuomo: New York Spent Decades ‘Bailing Out’ States

Democrat New York Gov. Andrew Cuomo said Monday that New York had spent decades “bailing out” other states without getting anything in return, as he…

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Posted in Chuck Schumer coronavirus Economy health Mitch McConnell oversight Politics Senate

Schumer Demands Oversight Hearings for Trump’s ‘Abject Failure’ Implementing Coronavirus Relief

Senate Minority Leader Chuck Schumer (D-NY) on Tuesday called for oversight hearings as early as next week over what he said is President Trump’s “abject…

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Posted in bankruptcy Economy Federalist Society Mitch McConnell municipal bankruptcy Politics Radio

Federalist Society Expert: Bankruptcy for States ‘Would Finish Off What’s Left of Federalism’

Allowing states to declare bankruptcy would end federalism and convert states into wards of the federal government, claimed John Baker, professor emeritus of law at…

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Posted in Andrew Cuomo Bailout Economy health Hugh Hewitt Kentucky Mitch McConnell New York Politics

Andrew Cuomo Furious with ‘Grim Reaper’ Mitch McConnell for Suggesting New York Go Bankrupt

“How ugly a thought,” Cuomo said. “Just think of what he’s saying.”

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Posted in coronavirus Economy health Mitch McConnell Politics

Mitch McConnell Floats Creating Bankruptcy Process for U.S. States

Wednesday during Hugh Hewitt’s nationally syndicated radio show, Senate Majority Leader Mitch McConnell (R-KY) said he favors allowing states struggling to meet their financial obligations due to the Chinese coronavirus pandemic…

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Posted in Chuck Schumer Economy health Mitch McConnell Nancy Pelosi Paycheck Protection Program Politics Steve Scalise

Mitch McConnell: Democrats Shut Down Small Business Aid for 2 Weeks for ‘Leverage’

Senate Majority Leader Mitch McConnell (R-KY) slammed Democrat leadership on Tuesday for taking two weeks to agree to additional funding for small businesses.

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Posted in Abigail Spanberger Andy Kim Anthony Brindisi Cindy Axne coronavirus Donald Trump Economy Gil Cisneros Haley Stevens health Jason Crow Joe Cunningham Kevin McCarthy Max Rose Mitch McConnell Nancy Pelosi Paycheck Protection Program Politics Small Business Administration Tom O'Halleran

15 House Democrats Call to Replenish Small Business Relief Fund Despite Pelosi’s Objections

Fifteen House Democrats have called to replenish the small business relief fund despite House Speaker Nancy Pelosi’s (D-CA) objections.

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Posted in coronavirus Democrats Economy health Joni Ernst Mike Braun Mitch McConnell Paycheck Protection Program Politics

Watch–Mitch McConnell: Democrats Holding Small Business Aid ‘Hostage’

Senate Majority Leader Mitch McConnell (R-KY) said on the Senate floor on Thursday that Democrats continue to hold small business aid “hostage.”

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Posted in bailouts Business coronavirus Covid-19 Department of the Treasury Donald Trump Mitch McConnell Nancy Pelosi small business steven mnuchin stimulus Wuhan coronavirus Wuhan virus

The Senate’s Plan To Save Small Businesses Is Already Failing, And Mnuchin Just Made It Worse

The details are out of Treasury now, and it looks like it isn’t going to work for a large number of small business owners after…

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