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Newsom Signs $7.6B COVID-19 Relief Package for Californians
California lawmakers on Monday cleared the way for 5.7 million people to get at least $600 in one-time payments, part of a state-sized coronavirus relief package aimed at helping those with low-to-moderate incomes weather the pandemic.
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Filing 2020 Taxes Will Be Trickier For Many Due to COVID. Here's What to Know
Questions about unemployment, working from home and stimulus payments have left Americans wondering how this will impact any refund they may be owed.
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Imperiling Quick $1,400 Checks, Moderate Republicans Push Back on Biden's Economic Plan
Key moderate Republicans in the Senate dismissed quick action on President Joe Biden’s top priority of a $1.9 trillion economic package, indicating that the $1,400 stimulus payments he requested could take months, or never arrive, NBC News reports. Democrats need to convince 10 Republicans in the Senate, which might require asking for less funding than Biden initially requested, or bypassing the 60-vote...
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The Hefty Price Tag on Biden's Stimulus Plan Is Worth the Cost, Says Economist
President-elect Joe Biden is hoping to jump-start the economy with his sweeping $1.9 trillion American Rescue Plan. Morning Consult economist John Leer joined LX News to make a case for why it’s worth it for the U.S. government to pass a costly relief bill and avoid catastrophic long-term consequences of the pandemic.
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IRS Issues Stimulus Warning About Prepaid Debit Cards
As millions of stimulus payments are starting to arrive, many are surprised about how they’re getting their money. The U.S. Treasury Department started sending out cards to about eight million Americans last week. What may be confusing is some people who got paper checks for the first stimulus payment, are now receiving debit cards. Here are some tips on...
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GOP Rebuffs Trump on $2K Aid, Defense as Congress Wraps Up
The Senate has wrapped up a rare New Year’s Day session with Republicans rejecting President Donald Trump’s demand for $2,000 COVID-19 aid checks
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Trump Push on $2K Checks Flops as GOP-Led Senate Won't Vote
Senate Majority Leader Mitch McConnell has all but shut the door on President Donald Trump’s push for $2,000 COVID-19 relief checks
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When Do I Get My Stimulus Check?
After much back and forth, President Trump signed a new coronavirus stimulus package Sunday night that will provide a second round of stimulus checks to many Americans. But when, and how, and how much, can be confusing. This is the latest information, as of the afternoon of Dec. 29. Q: When do I get my check? A: The Treasury Department…
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President Trump Signs $900 Billion Pandemic Relief Package
President Donald Trump signed a $900 billion pandemic relief package Sunday, ending days of drama over his refusal and averting a federal government shutdown. Kim Tobin reports for NBC4 News at 11 p.m. on Dec. 27, 2020.
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Families Struggling as Unemployment Benefits Set to Expire and Stimulus Checks Still on Hold
With unemployment benefits set to expire and stimulus checks still on hold, families already struggling with the pandemic will get hit even harder if no agreement as reached. Ted Chen reports for NBC4 News at 4 p.m. on Dec. 25, 2020.
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President Trump Bashes COVID-19 Relief Stimulus, Saying Payments Should Be Higher
The president is demanding the $600 stimulus checks should be increased to $2,000. Beverly White reported on NBC4 News on Tuesday, Dec. 22, 2020.
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Congress Passes Second Coronavirus Stimulus, But Will It Do Enough?
A lot of people are going to get a direct payment of $600. Beverly White reported on NBC4 News on Monday, Dec. 21, 2020.
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Unemployment, Working From Home: How the Pandemic Could Impact Your 2020 Taxes
It’s the time of year to start thinking about taxes — but the upcoming filing season is going to be a bit trickier for many Americans due to rampant unemployment, working from home and general upheaval due to COVID-19.
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These Are the Protections and Benefits Set to Expire Before the End of the Year Without a Second Stimulus
With the current coronavirus relief package, called the CARES Act, set to expire between Christmas Day and New Year’s Day, a number of protections and benefits are set to end unless a second coronavirus stimulus package is passed. They include unemployment aid, cash for cities, and provisions for small businesses.
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Hunger and Poverty Are Rising as Coronavirus Stimulus Package Talks Drag On In Congress
LX News speaks with Bread for the World’s Heather Taylor about the state of food insecurity and poverty in the U.S., which have been rising as congressional negotiations over another stimulus package continue to drag on without action.
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Unemployment Benefits? Stimulus Checks? Aid Measures Are in Limbo as People's Bills Are Still Due
Oct.1 is around the corner. And even though millions of Americans are living without a steady paycheck amid the pandemic, the bills are still due. Making the situation worse is that fact that Congress hasn’t been able to reach a deal on another stimulus package, leaving extra unemployment benefits and a second round of direct cash payments in the...
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How Americans Spent Their Stimulus Checks
As Democrats and Republicans in Congress and the Trump administration debate what financial aid should be included in the next coronavirus relief bill — or if there should be another relief bill at all — recent data from the U.S. Bureau of Labor Statistics sheds light on how the 159 million Americans who received the one-time stimulus checks earlier this year spent the...
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Stimulus Relief Worries Mount as Congress Talks Cutting Unemployment Insurance Ahead of Deadline
A laid-off worker shares his concerns, which economists say are representative of the industry. Beverly White reported on NBC4 News at 11 p.m. on Tuesday, July 28, 2020.
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Republicans Settle on $1 Trillion Coronavirus Relief Bill
Republican Congressional leaders and the White House have reached a tentative deal Wednesday on a $1 trillion coronavirus relief package, separate from the Democrat’s $3 trillion bill. The deal reportedly includes another round of direct payments to Americans, plus $16 billion in new money for coronavirus testing, something President Trump opposed.
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Why Now is Not the Time to End Extended Unemployment Benefits
Michele Evermore, senior policy analyst with the National Employment Law Project, talks about the impact of the federal stimulus checks amid pandemic and how the economy could further tailspin if the assistance package isn’t extended by Congress.