INSIDER
Michigan members of Congress weigh in on COVID stimulus status
Read full article: Michigan members of Congress weigh in on COVID stimulus statusLANSING, Mich. โ Members of the Michigan delegation are weighing in on the stimulus stalemate. With President Donald Trumpโs demand for $2,000 checks, some democrats are finding themselves in a pretty unusual situation. Trumpโs sudden demand for $2,000 checks for most Americans was swiftly rejected by House Republicans on ThursdayREAD: GOP blocks $2,000 checks as Trump leaves COVID aid in chaosCongresswoman Debbie Dingell spoke out in Washington on Thursday. Republicans blocked the bill in part because they wanted to cut foreign aid before sending larger checks to Americans. The rare Christmas Eve session of the House lasted just minutes, with help for millions of Americans awaiting Trumpโs signature on the bill.
Congress has second COVID-19 stimulus bill ready -- What it means for Michigan residents
Read full article: Congress has second COVID-19 stimulus bill ready -- What it means for Michigan residentsAfter months of back-and-forth, Congress finally has a second COVID-19 stimulus bill. But what does that mean for Michigan residents? With the deal done, the stimulus money will soon make its way to Metro Detroiters. The $900 billion deal will give those making under $75,000 roughly $600, but there is also a payout for dependents. Some people have already received emails, calls and texts saying they need to provide personal information to get the money.
Trump halts COVID-19 relief talks until after election
Read full article: Trump halts COVID-19 relief talks until after electionAll rights reserved)WASHINGTON โ President Donald Trump said Tuesday that he has instructed aides to stop negotiating on another round of COVID-19 relief until after the election. โI have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business,โ Trump tweeted. Last week, the White House said it was backing a $400 per week pandemic jobless benefit and dangled the possibility of a COVID-19 relief bill of $1.6 trillion. Trump broke off talks after Federal Reserve Chairman Jerome Powell warned earlier Tuesday that the economic recovery remains fragile seven months into coronavirus pandemic without further economic stimulus. Stocks dropped suddenly on Wall Street after Trump ordered a stop to negotiations.