And Senate Republicans have no plans to do anything about it.
Category - Economy
Over One Million File Jobless Claims In Final Report
About 1.1 million people filed claims last week before Republicans went home for the election.
Moodys: Biden Plans Better Than Trump’s Non-Existent Plans
Biden's plans would generate more economic activity and over 7 million more jobs.
Most States Haven’t Implemented Trump’s Fake Unemployment Program
In some states, benefits won't be paid out until nearly the election or even after.
Fed Chairman Calls For Stimulus, Jobless Claims Increase
About 1.5 million total people filed new claims last week.
Trump’s School Says Biden’s Plans Are Better
Penn. Wharton says Biden's plans would lead to "productive spending."
Jobless Claims Increase While Republicans Vote For “Skinny” Stimulus
The GOP's "skinny" bill died and nothing of value was lost.
Trump’s Fake Unemployment Program Ran Out of Funds a Week Ago
The program effectively expired last Saturday.
More Stimulus Just Got Even Less Likely
The good news is there won't be a government shutdown.
Nearly 30 Million People Are On Unemployment Again
Republicans allowed every stimulus program to expire and these are the results.
Trump’s Fake Unemployment Program Could Instantly Run Out of Funds
With benefits back-dated more than a month, all funds have already been spoken for.
‘No Negotiations’ Says Man Who is Clearly Negotiating
Meadows says they aren't negotiating, but they're moving closer to Democrats.
Jobless Claims Remain Above 1 Million
Economic activity also declined more than previously reported before the pandemic began.
Only Two States Paying Benefits Under Trump Order
Some states won't start paying benefits for weeks if they ever do.
Banks Warn Clients of Double Dip Recession
Banks are telling their clients there will be a second recession without more stimulus.
Jobless Claims Resurge to Over 1 Million
New claims are increasing again after stimulus measures all expired.
“Paycheck Protection” Won’t Be Forgiven For Some Paychecks
The terms of PPP forgiveness are still changing and some businesses are losing money.
‘The recession is over’ For The Highest Earners
Jobs are actually above pre-pandemic levels for the top wage earners.
GOP Leader: Stimulus is Bad For Wall Street
Kevin McCarthy says passing more stimulus would hurt shareholders.
Jobless Claims Fall With Expiration of Pandemic Programs
The expiration of response programs means many people no longer qualify and won't be counted.