Latest Economic stimulus News

California plans $536M for forests before wildfire season

Apr. 08, 2021 18:20 PM EDT

SACRAMENTO, Calif. (AP) — California will authorize $536 million toward forest management projects and efforts to reduce wildfires before the worst of the fire season strikes later this year, Gov. Gavin Newsom and legislative leaders said Thursday. That more than...

GOP plans for spending federal stimulus may not be allowed

Apr. 07, 2021 18:39 PM EDT

MADISON, Wis. (AP) — The majority of Wisconsin Republicans' plans for spending $3.2 billion in federal stimulus money either may not be allowed under the law or might have to be repaid, according to nonpartisan analyses of the bills that are moving quickly through the Legislature. ...

Minnesota House Democrats unveil package of budget bills

Apr. 05, 2021 20:14 PM EDT

MINNEAPOLIS (AP) — Minnesota House Democrats unveiled legislation on Monday that calls for more spending on education and recovery for those most affected by the pandemic while increasing taxes on wealthy residents and large companies. The package of bills follows the...

March hiring accelerated to 916K, yet many jobs remain lost

Apr. 02, 2021 17:16 PM EDT

WASHINGTON (AP) — America’s employers unleashed a burst of hiring in March, adding 916,000 jobs in a sign that a sustained recovery from the pandemic recession is taking hold as vaccinations accelerate, stimulus checks flow through the economy and businesses increasingly reopen. ...

13 attorneys general sue Biden admin over stimulus tax rule

Mar. 31, 2021 19:06 PM EDT

CHARLESTON, W.Va. (AP) — Attorneys general from 13 states sued President Joe Biden's administration on Wednesday over a rule in the federal stimulus that bars states from using relief money to offset tax cuts. The filing in U.S. District Court in Alabama asks judges to...

Montana House panel moves bill to spend $2B in stimulus aid

Mar. 29, 2021 18:30 PM EDT

HELENA, Mont. (AP) — Montana's House Appropriations Committee has moved forward with a bill to allocate about $2 billion in federal stimulus money, including financial penalties for local governments, tribes and schools that have stricter COVID-19 guidelines than the state. ...

Bill curbing governor's emergency powers advances Senate

Mar. 29, 2021 17:36 PM EDT

INDIANAPOLIS (AP) — The Indiana Senate voted Monday to approve a proposal that would curb the governor’s authority under the state emergency powers law following months of complaints from conservatives about Gov. Eric Holcomb’s coronavirus-related orders. The bill...

Liz Weston: If you need to find tax help, try DIY first

Mar. 29, 2021 07:24 AM EDT

Getting help from the IRS this tax season is going to be a challenge. The IRS has finally opened the 23.4 million pieces of mail that piled up after the pandemic shuttered its processing centers last spring. But the agency still has a backlog of paperwork from last year...

Asian stocks advance on vaccine, stimulus optimism

Mar. 29, 2021 00:28 AM EDT

BEIJING (AP) — Asian stocks rose Monday after Wall Street hit a new high and investors were encouraged by government stimulus and the rollout of coronavirus vaccines. Shanghai, Tokyo, Hong Kong and Seoul advanced. Wall Street’s advance Friday was...

Cape Cod sees virus surge; Gov urges patience with website

Mar. 28, 2021 14:47 PM EDT

A look at coronavirus developments around New England: MASSACHUSETTS Officials on Cape Cod are pleading with the state for more help as the vacation destination deals with another surge of COVID-19 cases, including multiple cases of new variants that...