Live stream: Biden discusses US response to Ukraine following Zelenskyy’s plead for more help
United States President Joe Biden delivered remarks Wednesday afternoon in response to Ukraine President Volodymyr Zelenskyy’s plead to Congress to step up aid as Russian forces continue to attack the European country.
Jobless claims dipped last week, but stayed near 1 million
The number of Americans filing for jobless aid last week dipped to 900,000, a historically high level showing workers continue to struggle with the COVID-19 surge. The 900,000 who filed for jobless aid in the week ended January 16 mark a drop of 26,000 from the prior week's figure of 926,000, revised down from an initial estimate. In all, nearly 16 million people were receiving some sort of jobless assistance as of the first week of the year. Worst job market since Great DepressionThe high number of claims point to a central challenge facing President Joe Biden, who begins his term amid a historic economic slump that has created the worst job market in the U.S. since the Great Depression. The new plan would also make available $400 a week in additional federal benefits for jobless Americans through September and extend a moratorium on evictions and foreclosures.cbsnews.com
Second COVID relief package: Here’s what’s inside
Vaccines, testing, health providers ($69 billion)Delivers more than $30 billion for procurement of vaccines and treatments, distribution funds for states, and a strategic stockpile. Adds $22 billion for testing, tracing and mitigation, $9 billion for health care providers, and $4.5 billion for mental health. Postal Service ($10 billion)Forgives a $10 billion loan to the Postal Service provided in earlier relief legislation. The measure also provides President Donald Trump with a last, $1.4 billion installment for a wall on the U.S.-Mexico border. Business meals would be 100% deductible through 2022 and out-of-pocket health care costs would be deductible after they reach 7.5% of income.
Live updates: Congress nears deal on COVID aid, includes stimulus checks
WASHINGTON – Congress is nearing a long-sought deal on COVID-19 relief with a deal that could come Thursday. Sen. Joe Manchin, D-W.Va., a coauthor of a $908 billion bipartisan package, said leadership negotiators are closing in on an agreement that would extend direct payments of $500-$600 to most Americans but would deny Democratic negotiators long-sought aid to state and local governments. Manchin credited his bipartisan group with facilitating the breakthrough. “I think they’re basically now putting it all together,” Manchin said on CNN. “We were able to break the gridlock.”Negotiations on COVID-19 relief intensified on Tuesday after months of futility.
No, thanks: Michigan township turns down coronavirus aid
CANNON TOWNSHIP, Mich. – A community near Grand Rapids has turned down thousands of dollars in state and federal aid related to the coronavirus epidemic. The reason: Cannon Township said it doesn't need it. The township board declined more than $140,000 from the federal government and will accept less than $1,000 from roughly $12,000 offered by the state, WOOD-TV reported. “These governments fall all over themselves to line up for quote, unquote, free money and we just decided what we were going to do is say enough of that is enough,” Grimm said. “People are parsing the application and so they’re saying things like, ‘Well, we bought new computers,’ even though they were budgeted,” Grimm said.
More than $4.8 million provided to aid Wayne County residents impacted by economic downturn
DETROIT Wayne County will provide more than $4.8 million through a partnership with the Wayne Metropolitan Community Action Agency to provide critical assistance to residents in need due to the economic fallout from the COVID-19 pandemic. The plan was approved Thursday, June 4 by an unanimous vote through the Wayne County Commission. The shutdowns and social distancing measures are essential to keeping Wayne County residents safe and healthy during the COVID-19 pandemic, said Wayne County Executive Warren C. Evans. These programs will be managed by the Wayne Metropolitan Community Action AgencyMetropolitan Community Action Agency. Anyone seeking assistance should contact Wayne Metro at (313) 388-9799 and or click here to see if they are eligible.
Michigan Congresswoman proposes recurring relief payments to Americans using $1T Treasury coins
DETROIT – Michigan Congresswoman Rashida Tlaib (MI-13) is introducing a bill that would provide recurring stimulus payments to Americans without adding additional debt. The proposal would be funded directly from the Treasury with no additional debt issued by minting two $1 trillion coins, and additional coins as necessary, according to the plan. The Fed would retain ownership over the two $1 trillion coins permanently in order to ensure its own balance sheet remains fully capitalized by the Treasury. The Treasury Secretary would “sweep” the newly created reserve funds from the Mint’s account into the regular Treasury General Account. “By using “fiscal money for fiscal policy,” the #ABCAct restores the U.S. Mint to its rightful historical place as a primary institutional mechanism for budgetary finance.”
Record 16.6 million have sought US jobless aid since virus
Record 16.6 million have sought US jobless aid since virusPublished: April 9, 2020, 12:12 pmWith a startling 6.6 million people seeking unemployment benefits last week, the United States has reached a grim landmark: More than one in 10 workers have lost their jobs in just the past three weeks to the coronavirus outbreak.
More harm than good: Compassion is noble, but what does Haiti really need, 10 years after quake?
“Deep down, I know there was an element of trying to get a pat on the back,” Albert said. “That’s when they completely blew me away with their response.”What the community leaders essentially told Albert and Zelaya was this: Thanks for your efforts and compassion, but you actually did more harm than good. The experience was such an eye-opener that it led Albert and Zelaya to a greater purpose and mission. “That goes back to the negative aid that is undermining the natural development of the Haitian people,” Albert said. The two discovered that nearly 80% of Haitian teachers haven’t been properly trained, and 60% of kids dropped out of classes during elementary school.