Mar 18 Watch 13:31 Trump takes new executive action as health officials warn cases will surge In the face of a growing medical crisis, President Trump escalated both his rhetoric and his policy response Wednesday. He referred to the novel coronavirus as “the invisible enemy” and vowed to treat the fight against it as “a war.”… Continue watching
Mar 18 Treasury proposal: Deliver $500 billion to Americans starting April By Lisa Mascaro, Zeke Miller, Andrew Taylor, Associated Press In a memorandum issued Wednesday, Treasury is calling for two $250 billion cash infusions to individuals: A first set of checks issued starting April 6, with a second wave in mid-May. Continue reading
Mar 17 Watch 5:34 Many Americans will be hurt financially by pandemic. Here’s how government could help On Tuesday, Wall Street recouped some of Monday’s record losses, with the Dow Jones Industrial Average regaining 1,000 points in apparent reaction to the prospect of a major economic stimulus package. How would that help Americans reeling from the pandemic?… Continue watching
Mar 13 Watch 11:39 Why Trump declared COVID-19 a national emergency — and what he denied responsibility for Friday was another day of mass closings and cancelations as schools, sports and travel shut down amid the novel coronavirus pandemic. President Trump also declared a national emergency to increase funding for a federal response, and he appears to have… Continue watching
Feb 17 Five years later, what did the stimulus bill accomplish? By Darlene Superville, Associated Press The costly $787 billion spending bill that President Barack Obama signed into law soon after taking office boosted the economy and helped avoid another Great Depression, the White House said in a status report on Monday's fifth anniversary of the… Continue reading
Nov 14 Watch Fed nominee Yellen defends stimulus efforts before Senate committee Fed nominee Yellen defends stimulus efforts before Senate committee… Continue watching
Jul 14 Watch News Wrap: Federal Reserve Lowers Economic Growth Forecast In other news Wednesday, the Federal Reserve said that its latest estimate for economic growth will not be as high as it predicted in April. Continue watching
Oct 30 Stimulus Created, Saved 650,000 Jobs, White House Says By Lea Winerman More than 650,000 jobs have been created or saved by the government's fiscal stimulus program, the White House said Friday. Continue reading
Apr 14 Watch Solar Energy Industry Maintains Footing Amid Recession Amid the economic slump, there may be a silver lining for solar energy businesses that have withstood the recession so far. NewsHour special correspondent Spencer Michels reports. Continue watching
Feb 23 Watch Obama’s Vow to Halve Deficit Puts Focus on Budget Plan President Barack Obama cast a new focus on the budget deficit Monday, announcing a goal of halving the $1.3 trillion gap by the end of his first term. Analysts weigh the goal. Continue watching