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Fiscal and Economic News from
Around the Nation
August 2020
Source:
The Hill
Aug 27, 2020
Revision Shows Second Quarter GDP Shrank at Annualized 31.7 Percent Rate
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Source:
CNBC
Aug 27, 2020
Another Million Applied for Jobless Benefits as Coronavirus Pandemic’s Economic Toll Rises
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Bloomberg
Aug 26, 2020
Fed Seen Holding Rates at Zero for Five Years in New Policy
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The New York Times
Aug 25, 2020
Airline Job Cuts Could Pressure Congress and Trump on Stimulus
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Source:
Roll Call
Aug 25, 2020
Congress Faces Tough Call Next Month on Stopgap Funding Length
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Source:
The Hill
Aug 25, 2020
Trump Payroll Plan Would Deplete Social Security by 2023: Administrator
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Source:
The Washington Post
Aug 25, 2020
As Permanent Economic Damage Piles Up, the COVID Crisis Is Looking More like the Great Recession
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CNBC
Aug 24, 2020
Powell Set to Deliver ‘Profoundly Consequential’ Speech, Changing How the Fed Views Inflation
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Source:
The New York Times
Aug 21, 2020
Economic Data Points to Pause in Recovery as Aid Programs Expire
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Bloomberg
Aug 21, 2020
Fed Has Used Only a Fraction of Main Street Lending Facility
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The Washington Post
Aug 20, 2020
White House Budget Office Gives Political Appointees More Power in Spending, Alarming Career Officials
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NBC News
Aug 20, 2020
Spike in Jobless Claims Comes after PPP and Other Pandemic Benefits Expired
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Source:
Bloomberg
Aug 20, 2020
Millions of U.S. Jobs to Be Lost for Years, IRS Projections Show
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Source:
Bloomberg
Aug 20, 2020
U.S. Jobless Claims Unexpectedly Increase to More Than 1 Million
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Source:
The New York Times
Aug 19, 2020
Fed Officials Said the Economy Needed More Help From Congress
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Source:
The New York Times
Aug 19, 2020
The Supreme Court Will Hear a Suit Seeking to Overturn Obamacare a Week after the Election.
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Source:
Reuters
Aug 19, 2020
U.S. Economy Rebounding Strongly; Fresh Aid Coming to Unemployed: Kudlow
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Source:
NPR
Aug 19, 2020
Expired Jobless Benefits Cost Economy Billions, but Some States Reject Trump's Aid
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