Fiscal and Economic News from
Around the Nation

May 2020

Source: The Hill
May 26, 2020
Kudlow: $600-per-Week Boost to Unemployment Benefits Won't 'Survive the Next Round of Talks'
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Source: The Hill
May 26, 2020
McConnell: Talking About Fifth Coronavirus Bill 'in the Next Month or So'
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Source: AP News
May 26, 2020
Congress Weighs Choice: ‘Go Big’ on Virus Aid or Hit ‘Pause’
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Source: The Hill
May 24, 2020
White House Economic Adviser: Unemployment Rate Could Be 'Double Digits' in November
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Source: The Hill
May 22, 2020
Unemployment Rate Exceeded 20 Percent in Three States Last Month
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Source: AP News
May 22, 2020
GOP Weighs Jobless Aid Cuts as Layoffs Surpass 38 Million
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Source: NPR
May 22, 2020
White House Looks at 'Opportunity Zone' Extension in Wake of COVID-19
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Source: Roll Call
May 21, 2020
Senate Deal on Small-Business Loan Fixes on Hold, for Now
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Source: AP News
May 21, 2020
Trump, McConnell Meet as Senate Declines to Debate Virus Aid
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Source: The Washington Post
May 21, 2020
2.4 Million Americans Filed Jobless Claims Last Week, Bringing Nine-Week Total to 38.6 Million
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Source: The Washington Post
May 20, 2020
House and Senate Lawmakers Begin Efforts to Rework Paycheck Protection Program so Businesses Can Have More Flexibility
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Source: CNBC
May 20, 2020
New 20-Year Bond Met with Strong Reception as U.S. Moves to Extend Time to Pay Debt
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Source: The New York Times
May 19, 2020
Mnuchin and Powell Warn of Economic Scarring, and Offer Divergent Solutions
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Source: Roll Call
May 19, 2020
Post-COVID Economic Recovery Expected to Be Slow, CBO Says
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Source: CNBC
May 19, 2020
CBO Projects 38% Drop in GDP, $2.1 Trillion Increase in the Deficit
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Source: Reuters
May 19, 2020
Republican Senators Put Brakes on Additional Coronavirus Aid
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Source: AP News
May 19, 2020
Fed’s Powell Says New Lending Programs to Launch by June 1
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Source: Marketplace
May 19, 2020
Treasury Offers New Guidance on PPP Loan Forgiveness
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Source: Roll Call
May 18, 2020
State, Local Virus Aid Bill Gains Bipartisan Momentum
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Source: Bloomberg
May 18, 2020
Powell Says Will Use Full Range of Tools to Support Economy
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Source: AP News
May 18, 2020
Report: Treasury Fund to Ease Virus Crisis Off to Slow Start
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Source: The New York Times
May 17, 2020
Fed Chair Says Economic Recovery May ‘Stretch’ Through End of 2021
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Source: POLITICO
May 17, 2020
Coronavirus Could Push Social Security to Insolvency Before 2030
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Source: NPR
May 15, 2020
House Passes $3 Trillion Coronavirus Relief Bill that Has Dim Future
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Source: AP News
May 15, 2020
Democrats Push $3T Coronavirus Relief Bill Toward House OK
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