Unfortunately the jobless benefits extension is caught in the middle since it technically runs out Friday.... It WILL be extended.... The weekly amount is up in the air.... Both parties do NOT want it actually stop before the election ..... House Speaker Pelosi and … [Read more...] about Republican/White House Virus/Stimulus bill hits a brick wall with the Democrats…
the Economy
Replacing the extra $600 in weekly jobless benefits is too complicated for states to implement quickly…
That's the view from the Huffington Post.... It would seem that Republicans and Trump are doing EVERYTHING they can to lose votes come November 3rd..... Will Pelosi go along with this in the House.... Senate Republicans on Monday are set to unveil their long-awaited … [Read more...] about Replacing the extra $600 in weekly jobless benefits is too complicated for states to implement quickly…
Student Loan payments virus relief period due to expire in October….
The whole program IS a mess anyways... But due to the virus everything was on 'hold.'... That 'hold' expires in October if Congress doesn't extend it... Like the 'Borg' the loans are impossible to get rid off... They are easy to get and impossible to f get rid off … [Read more...] about Student Loan payments virus relief period due to expire in October….
Hurricane Hanna closing on Southern Texas …..
Times are tough for Texas ... Heat.... Virus infections ... Now a Hurricane.... A hurricane bearing down on southern Texas on Saturday began to bring harsh winds and rain to Corpus Christi and the surrounding area, where officials are already struggling to contain … [Read more...] about Hurricane Hanna closing on Southern Texas …..
US cities could lose more than $1.5 trillion in their economies due to the virus..
Gonna be BIG holes in a LOT of budgets.... Service, Programs and Jobs are bound to be cut for next year.... Mayors across the country are lining up behind company heads, Governors and others for money from the Federal Government that prints the stuff.... Cities could … [Read more...] about US cities could lose more than $1.5 trillion in their economies due to the virus..
Republicans Senator’s give Trump’s push for a final tax cut thumbs down….
Trump has caved on his demand that the proposed second coronavirus relief bill provide for a payroll tax cut.Such a cut would of course do little for average working people but would have been a boon to the wealthier. Trump through his economic advisors ,Larry “blow” Kudlow … [Read more...] about Republicans Senator’s give Trump’s push for a final tax cut thumbs down….
Almost 32 Million Americans are getting unemployment benefits…Open Thread for 7/23/2020
The number of jobless people applying for the money is going up .... More people are going to lose their jobs as some states reclose and local and state governments deal with holes in their 2021 budgets... Congress was talking about ending extra benefits , but THAT has been … [Read more...] about Almost 32 Million Americans are getting unemployment benefits…Open Thread for 7/23/2020
Trump admin and Senate GOPer’s agree on virus/stimulus package….
Trump will NOT get his payroll tax cut. or few other things either... There WILL be an extension of the additional jobless benefits which run out in less than a week and half.... There will be a second round of stimulus checks... This 'agreement' has to go back to House … [Read more...] about Trump admin and Senate GOPer’s agree on virus/stimulus package….