Give Biden a Chance? On Covid Aid, Some Trump Voters Just Might

Republican leaders in Washington firmly oppose the president’s stimulus plan, but a sizable number of Trump voters support it, interviews and polls show.

#biden-joseph-r-jr, #conservatism-us-politics, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #national-debt-us, #polls-and-public-opinion, #republican-party, #stimulus-economic, #trump-donald-j, #united-states-economy, #united-states-politics-and-government, #voting-and-voters

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Give Biden a Chance? On Covid Aid, Some Trump Voters Just Might

Republican leaders in Washington firmly oppose the president’s stimulus plan, but a sizable number of Trump voters support it, interviews and polls show.

#biden-joseph-r-jr, #conservatism-us-politics, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #national-debt-us, #polls-and-public-opinion, #republican-party, #stimulus-economic, #trump-donald-j, #united-states-economy, #united-states-politics-and-government, #voting-and-voters

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How Is the Fed Thinking About Unemployment?

Our economics reporter gives a rundown on the real unemployment rate, stimulus checks and inflation.

#coronavirus-aid-relief-and-economic-security-act-2020, #federal-reserve-system, #inflation-economics, #powell-jerome-h, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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Gov. Phil Murphy Unveils N.J. Budget Plan With No New Taxes

A $44.8 billion spending plan unveiled Tuesday by Gov. Phil Murphy calls for no new taxes and fully funds the state pension program for the first time since 1996.

#budgets-and-budgeting, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #elections-governors, #labor-and-jobs, #murphy-philip-d-1957, #new-jersey, #stimulus-economic, #taxation, #unemployment, #united-states-economy

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What the Bond Market Is Telling Us About the Biden Economy

A recent rise in interest rates hints that a recovery is on the way, but it could also mean harder choices ahead on spending.

#biden-joseph-r-jr, #government-bonds, #inflation-economics, #interest-rates, #stimulus-economic, #treasury-department, #united-states-economy, #yellen-janet-l

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Republicans Struggle to Derail Increasingly Popular Stimulus Package

Polls show a $1.9 trillion rescue plan polls strongly across the country, including with many Republican voters, despite a scattershot series of attacks from congressional Republicans.

#biden-joseph-r-jr, #democratic-party, #house-of-representatives, #law-and-legislation, #polls-and-public-opinion, #senate, #stimulus-economic, #united-states-politics-and-government

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When the Bill Comes Due in Europe, ‘How Are We Going to Pay for All This?’

Pandemic aid has cushioned workers and businesses from a severe recession. But as governments face trillions in debt, there’s no rush to rein it in.

#coronavirus-2019-ncov, #credit-and-debt, #economic-conditions-and-trends, #europe, #france, #interest-rates, #le-maire-bruno, #recession-and-depression, #stimulus-economic

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If the check’s not in the mail, you’ll have to get your stimulus money on your taxes.

#content-type-service, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-taxes-us, #income-tax, #internal-revenue-service, #stimulus-economic

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Biden Works to Leverage Senate Ties to Power His Agenda

The president has made clear in his first weeks in office that he plans to try to capitalize on his experience and relationships on Capitol Hill to get things done, though deep divisions remain.

#biden-joseph-r-jr, #collins-susan-m, #coronavirus-2019-ncov, #house-of-representatives, #presidents-and-presidency-us, #republican-party, #senate, #stimulus-economic, #united-states-politics-and-government

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Inflation Isn’t Lurking Around the Corner. This Isn’t the 1970s.

Democrats need to shelve the memory of stagflation.

#blanchard-olivier-j, #coronavirus-2019-ncov, #keynes-john-maynard, #stimulus-economic, #summers-lawrence-h, #united-states-economy

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Biden and the Fed Leave 1970s Inflation Fears Behind

Administration and Fed officials argue that workers not getting enough stimulus help is a larger concern than potential spikes in consumer prices.

#american-enterprise-institute-for-public-policy-research, #american-recovery-and-reinvestment-act-2009, #biden-joseph-r-jr, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #inflation-economics, #interest-rates, #recession-and-depression, #stimulus-economic, #strain-michael-r, #summers-lawrence-h, #unemployment, #united-states, #united-states-economy, #yellen-janet-l

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Along the Southwest Border, Trump’s Wall Is Only One of the Insults He Left Behind

Here’s what Biden should do about the poverty, discrimination and environmental destruction.

#agriculture-and-farming, #border-barriers, #coronavirus-2019-ncov, #deserts, #global-warming, #hispanic-americans, #illegal-immigration, #immigration-and-emigration, #international-trade-and-world-market, #land-use-policies, #migrants-environmental, #native-americans, #race-and-ethnicity, #stimulus-economic, #water

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Biden Takes Center Stage With Ambitious Agenda as Trump’s Trial Ends

The president plans to quickly press for his $1.9 trillion stimulus bill, and then move on to infrastructure, immigration, climate change and other major priorities.

#biden-joseph-r-jr, #executive-orders-and-memorandums, #house-of-representatives, #impeachment, #law-and-legislation, #stimulus-economic, #storming-of-the-us-capitol-jan-2021, #trump-donald-j, #united-states-politics-and-government

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A Year of Hardship, Helped and Hindered by Washington

For Kathryn Stewart, a struggling single mother in Michigan, the past year showed how much safety net programs can help — and how the nation’s fickleness about them can add confusion and uncertainty to fear and worry.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #food-insecurity, #mcconnell-mitch, #pelosi-nancy, #poverty, #stimulus-economic, #trump-donald-j, #unemployment, #unemployment-insurance, #united-states-economy, #united-states-politics-and-government

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Biden Trims Ambitions on School Reopening Pledge

As the White House struggles to flesh out President Biden’s promise to reopen schools within 100 days, aides have found themselves steadily lowering expectations.

#biden-joseph-r-jr, #colleges-and-universities, #coronavirus-2019-ncov, #coronavirus-reopenings, #education-k-12, #law-and-legislation, #stimulus-economic, #teachers-and-school-employees, #united-states-politics-and-government

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Democrats Push to Borrow More Money as Deficit Is Set to Shrink Slightly in 2021

Top Democrats and some of President Biden’s advisers are considering borrowing money to fund a sweeping infrastructure package as the nation’s fiscal situation improves more rapidly than expected.

#biden-joseph-r-jr, #congressional-budget-office, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-budget-us, #federal-reserve-system, #house-committee-on-ways-and-means, #house-of-representatives, #neal-richard-e, #pelosi-nancy, #powell-jerome-h, #schumer-charles-e, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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Is My Stimulus Payment Taxable? And Other Tax Questions

With tax filing season about to begin, here’s what you need to know.

#biden-joseph-r-jr, #content-type-service, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #income-tax, #internal-revenue-service, #personal-finances, #stimulus-economic, #tax-preparers-and-preparation, #unemployment-insurance

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Biden Courts Business Support for Aid Package and Contested Minimum-Wage Increase

He endorsed a compromise plan in the House limiting direct payments to high earners as part of his $1.9 trillion proposal, as Democratic leaders fought to salvage a plan for a $15-an-hour wage.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #minimum-wage, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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How Biden United a Fractious Democratic Party Under One Tent

President Biden and progressive Democrats are united by a moment of national crisis and the lingering influence of his predecessor. But the moment of harmony may be fragile.

#appointments-and-executive-changes, #biden-joseph-r-jr, #democratic-party, #klain-ronald-a, #ocasio-cortez-alexandria, #presidential-election-of-2020, #sanders-bernard, #stimulus-economic, #united-states-politics-and-government

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How Biden United a Fractious Party Under One Tent

President Biden and progressive Democrats are united by a moment of national crisis and the lingering influence of his predecessor. But the moment of harmony may be fragile.

#appointments-and-executive-changes, #biden-joseph-r-jr, #democratic-party, #klain-ronald-a, #ocasio-cortez-alexandria, #presidential-election-of-2020, #sanders-bernard, #stimulus-economic, #united-states-politics-and-government

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Minimum Wage Hike Would Help Poverty but Cost Jobs, Budget Office Says

The Congressional Budget Office said raising the federal minimum wage to $15 would also increase the deficit, potentially helping the proposal’s prospects of being included in relief legislation.

#congressional-budget-office, #federal-budget-us, #income-inequality, #labor-and-jobs, #layoffs-and-job-reductions, #minimum-wage, #poverty, #sanders-bernard, #stimulus-economic, #united-states-economy, #united-states-politics-and-government, #wages-and-salaries

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Crisis Spurs Congress Toward Big Measures to Lift Families From Poverty

Lawmakers, including at least one Republican, are focused on providing monthly payments to help families with children make ends meet.

#children-and-childhood, #coronavirus-2019-ncov, #democratic-party, #food-insecurity, #house-of-representatives, #labor-and-jobs, #poverty, #republican-party, #senate, #stimulus-economic, #tax-credits-deductions-and-exemptions, #unemployment-insurance, #united-states-economy, #united-states-politics-and-government

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How Democrats Learned to Seize the Day

It seems that they won’t repeat Obama’s mistakes.

#american-recovery-and-reinvestment-act-2009, #biden-joseph-r-jr, #coronavirus-2019-ncov, #democratic-party, #obama-barack, #republican-party, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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The Clash of Liberal Wonks That Could Shape the Economy, Explained

They all agree pandemic aid is warranted, but the question is how big and how quickly.

#biden-joseph-r-jr, #economic-conditions-and-trends, #inflation-economics, #recession-and-depression, #stimulus-economic, #summers-lawrence-h, #united-states-economy

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West Virginia Has Everyone’s Attention. What Does It Really Need?

With the right federal response, it could become a model of renewal for other places around the country that prosperity has left behind.

#area-planning-and-renewal, #economic-conditions-and-trends, #federal-aid-us, #income-inequality, #infrastructure-public-works, #manchin-joe-iii, #rural-areas, #stimulus-economic, #west-virginia

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What if They Held an Impeachment Trial and Nobody Came?

Maybe it’s a good thing that we’re more focused on Biden. Or maybe we’ve just given up.

#biden-joseph-r-jr, #border-barriers, #cheney-liz, #coronavirus-2019-ncov, #deferred-action-for-childhood-arrivals, #democratic-party, #dream-act-development-relief-and-education-for-minors-act, #house-of-representatives, #illegal-immigration, #immigration-and-emigration, #republican-party, #sasse-benjamin-e, #senate, #stimulus-economic, #trump-donald-j, #united-states-economy, #united-states-politics-and-government

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Democrats to Unveil Up to $3,600 Child Tax Credit as Part of Stimulus Bill

The credit would send monthly payments to millions of Americans under certain income thresholds for a year starting in July.

#biden-joseph-r-jr, #children-and-childhood, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #democratic-party, #families-and-family-life, #house-of-representatives, #internal-revenue-service, #law-and-legislation, #poverty, #stimulus-economic, #tax-credits-deductions-and-exemptions, #taxation, #united-states-economy, #united-states-politics-and-government, #yellen-janet-l

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Fighting Covid Is Like Fighting a War

Why Biden needs to go big and ignore the worriers.

#biden-joseph-r-jr, #committee-for-a-responsible-federal-budget, #congressional-budget-office, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-reserve-system, #polls-and-public-opinion, #recession-and-depression, #stimulus-economic, #summers-lawrence-h, #united-states-economy

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Biden Seizes on Weak Job Gains to Call for Quick Stimulus Action

The president said the economy was “in trouble” and warned Republicans he would move ahead with a $1.9 trillion aid package with or without their support.

#biden-joseph-r-jr, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-budget-us, #labor-and-jobs, #stimulus-economic, #unemployment-insurance, #united-states-economy, #united-states-politics-and-government

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Will the Stimulus Plan Help Working Mothers?

How President Biden’s proposed stimulus package might affect women and families.

#child-care, #children-and-childhood, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #income, #labor-and-jobs, #minimum-wage, #parenting, #stimulus-economic, #united-states-economy, #united-states-politics-and-government, #wages-and-salaries, #women-and-girls

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Biden’s Economic Plan Is Set to Clear a Senate Hurdle

Democrats agreed to limit direct checks for high earners but rejected several Republican amendments to a budget resolution key to passing the president’s $1.9 trillion rescue plan.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #deaths-fatalities, #democratic-party, #law-and-legislation, #minimum-wage, #poverty, #republican-party, #senate, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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Biden’s Policies Are Popular. What Does That Mean for Republicans?

Polls show that on issues like a stimulus bill, climate change and immigration, most Americans support the president’s plans. Torn by infighting, the G.O.P. is still figuring out its lines of attack.

#biden-joseph-r-jr, #minimum-wage, #polls-and-public-opinion, #republican-party, #stimulus-economic, #united-nations-framework-convention-on-climate-change, #united-states-politics-and-government

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Federal Aid for Closed Cultural Venues Will Be a Race for Cash

Tens of thousands of eligible music clubs, theaters, museums and other spaces may overwhelm a $15 billion grant fund run by the Small Business Administration.

#cornyn-john, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #culture-arts, #federal-aid-us, #music, #national-independent-venue-assn, #quarantine-life-and-culture, #shutdowns-institutional, #shuttered-venue-operators-grant, #small-business, #small-business-administration, #stimulus-economic, #theater, #united-states-economy, #united-states-politics-and-government

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We Are a Nation of Child Abusers

But Biden has offered a way to reduce child poverty by half. That would be transformative.

#biden-joseph-r-jr, #child-abuse-and-neglect, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #house-of-representatives, #poverty, #senate, #stimulus-economic, #united-states, #united-states-politics-and-government

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Jim Justice, a G.O.P. Governor, on Why Biden Needs to ‘Go Big’ on Covid Aid

The governor of West Virginia, who supported a bigger relief bill than Senator Joe Manchin, a Democrat, initially did, spoke with us about government spending, Covid-19 vaccinations and climate policy.

#alternative-and-renewable-energy, #biden-joseph-r-jr, #coal, #coronavirus-2019-ncov, #democratic-party, #global-warming, #justice-james-c-ii, #manchin-joe-iii, #republican-party, #stimulus-economic, #storming-of-the-us-capitol-jan-2021, #united-states-politics-and-government, #vaccination-and-immunization, #west-virginia

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Biden’s Stimulus: Democrats Speed Ahead on Economic Aid Package

As President Biden negotiated with Republicans who want to scale back his $1.9 trillion plan, his party initiated a Senate process to allow for quick passage along party lines.

#coronavirus-aid-relief-and-economic-security-act-2020, #manchin-joe-iii, #senate, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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The Bipartisanship Trap

A group of Republican senators has offered up a meager Covid relief plan that is deeply unserious.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #democratic-party, #polls-and-public-opinion, #republican-party, #senate, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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Republicans Pitch Biden on Smaller Aid Plan as Democrats Prepare to Act Alone

The president met at the White House with Republican senators seeking a much smaller stimulus plan, but congressional Democrats pressed forward to force through his $1.9 trillion measure, if necessary.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #democratic-party, #federal-budget-us, #republican-party, #senate, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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U.S. Economy Is Healing, but Budget Office Says Workers Have a Long Way to Go

New projections from the independent Congressional Budget Office fuel Republicans’ calls for “targeted” economic aid — and Democrats’ push to go big.

#biden-joseph-r-jr, #congressional-budget-office, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-budget-us, #labor-and-jobs, #stimulus-economic, #unemployment, #united-states-economy, #united-states-politics-and-government

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The Republican Economic Plan Is an Insult

It’s bad faith in the name of bipartisanship.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #republican-party, #senate, #stimulus-economic, #taxation, #unemployment-insurance, #united-states-politics-and-government

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Modi’s Budget for India Reflects Stark Choices

Health care and infrastructure spending received significant increases, but fears about inflation could hold back efforts to get the economy surging again.

#budgets-and-budgeting, #coronavirus-2019-ncov, #defense-and-military-forces, #economic-conditions-and-trends, #gross-domestic-product, #india, #inflation-economics, #internal-storyline-no, #politics-and-government, #rationing-and-allocation-of-resources, #stimulus-economic

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PPP Aid to Small Businesses: How Much Did $500 Billion Help?

Some economists say the Paycheck Protection Program has not proved as useful as other aid. The debate could sway the new administration’s plans.

#banking-and-financial-institutions, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #federal-aid-us, #law-and-legislation, #layoffs-and-job-reductions, #recession-and-depression, #shutdowns-institutional, #small-business, #stimulus-economic, #united-states-economy

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Effort to Include $15 Minimum Wage in Relief Bill Poses Test for Democrats

The measure will test their willingness and ability to use procedural maneuvers to shepherd big policy goals past entrenched Republican opposition in an evenly divided Senate.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #democratic-party, #federal-budget-us, #labor-and-jobs, #minimum-wage, #republican-party, #sanders-bernard, #senate, #senate-committee-on-the-budget, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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Ghosts of 2009 Drive Democrats’ Push for Robust Crisis Response

In their quest for Republican backing, Democrats say they missed opportunities in 2009 for a stronger response to the Great Recession. They’re determined not to repeat the mistake.

#american-recovery-and-reinvestment-act-2009, #biden-joseph-r-jr, #democratic-party, #emergency-economic-stabilization-act-2008, #obama-barack, #patient-protection-and-affordable-care-act-2010, #schumer-charles-e, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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Biden’s Fast Start Echoes F.D.R.’s. Now Comes the Hard Part.

The most daunting challenge for Mr. Biden in the weeks ahead will be balancing his stated desire for bipartisanship with his sense of urgency.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #executive-orders-and-memorandums, #law-and-legislation, #presidents-and-presidency-us, #roosevelt-franklin-delano, #stimulus-economic, #united-states-politics-and-government

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America’s Next Great Economic Experiment: What if We Run It Hot?

Supporters of aggressive stimulus see an opportunity to finally correct the mistakes of the last recession and achieve boom times quickly.

#biden-joseph-r-jr, #coronavirus-aid-relief-and-economic-security-act-2020, #inflation-economics, #labor-and-jobs, #recession-and-depression, #stimulus-economic, #unemployment, #united-states-economy

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The First Post-Reagan Presidency

So far, Joe Biden has been surprisingly progressive.

#a-promised-land-book, #appointments-and-executive-changes, #bernstein-jared, #biden-joseph-r-jr, #conservatism-us-politics, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #democratic-party, #economics-theory-and-philosophy, #emanuel-rahm, #environment, #executive-orders-and-memorandums, #filibusters-and-debate-curbs, #food-stamps, #hawley-josh-d-1979, #house-of-representatives, #inflation-economics, #interest-rates, #khanna-ro, #leftism-us-politics, #liberalism-us-politics, #minimum-wage, #national-debt-us, #new-deal-1930s, #obama-barack, #politics-and-government, #presidential-election-of-2008, #presidential-election-of-2020, #primaries-and-caucuses, #progressivism-us-politics, #reagan-ronald-wilson, #recession-and-depression, #republican-party, #roosevelt-franklin-delano, #sanders-bernard, #senate, #skowronek-stephen, #stimulus-economic, #tax-credits-deductions-and-exemptions, #taxation, #trump-donald-j, #united-states-economy, #united-states-politics-and-government, #vaccination-and-immunization, #warren-elizabeth

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How Mayor de Blasio Plans to Lead the City Out of the Pandemic

The mayor announced an ambitious plan to help New York City recover, including vaccinating five million residents by June.

#coronavirus-reopenings, #de-blasio-bill, #new-york-city, #state-of-the-city-message-nyc, #stimulus-economic, #vaccination-and-immunization

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Democrats Prepare to Move on Economic Aid, With or Without the G.O.P.

President Biden is trying to persuade Republicans to back a $1.9 trillion spending package, but Democrats are pursuing another path to get the relief approved without bipartisan support.

#biden-joseph-r-jr, #coronavirus-2019-ncov, #democratic-party, #federal-budget-us, #law-and-legislation, #presidential-election-of-2020, #republican-party, #senate, #stimulus-economic, #united-states-economy, #united-states-politics-and-government

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U.S. Economy Grew 1 Percent in the Last Quarter

The economy has regained roughly three-quarters of the output lost during the collapse last spring, and only a bit more than half of the jobs.

#commerce-department, #coronavirus-aid-relief-and-economic-security-act-2020, #gross-domestic-product, #labor-and-jobs, #stimulus-economic, #united-states-economy

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