Democrats’ go-it-alone stimulus plan faces night of GOP sniping
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Feed SubscriptionMcConnell rules out passing House bill on $2K relief payments
Senate Majority Leader Mitch McConnell on Wednesday closed off chances that the Senate would pass anytime soon a House bill that would give most Americans $2,000 stimulus payments.
Read More »Trump signs virus aid bill after panning $600 stimulus checks
President Donald Trump signed a bill containing $900 billion in pandemic relief, the White House said, triggering the flow of aid to individuals and businesses and averting the risk of a partial government shutdown on Tuesday.
Read More »Beer, restaurants and Nascar win tax breaks in virus-relief bill
Tucked in among more than 5,000 pages of legislative text, the congressional bill providing COVID-19 relief and 2021 government funding includes dozens of tax breaks for beneficiaries ranging from downtown restaurants and the film industry to motor-sports racetracks.
Read More »Stimulus and McConnell will likely inhibit Biden’s tax plan
The president-elect’s pledge to repeal President Donald Trump‘s tax cuts as soon as he is inaugurated may be stymied for the foreseeable future.
Read More »Expiration of enhanced unemployment threatens taxpayers
Several unemployed workers described the difficulties they are facing to senators as congressional leaders continue negotiations.
Read More »GOP rolls out $1T stimulus to start talks with Democrats
Senate Republicans presented a series of bills that would trim unemployment benefits, send $1,200 to most Americans, and shield businesses, schools and other organizations from coronavirus lawsuits.
Read More »State CPA society CEOs call for federal relief for state and local governments amid coronavirus
Massachusetts Society of CPAs president and CEO Amy Pitter is spearheading a group of 28 state society heads who have sent a letter to congressional leaders.
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