Newsletter Archive

February 2021

Covid Fuels a $24 Trillion Surge in Global Debt

Two Democratic senators on Wednesday reintroduced a plan for creating a public option for health care in the U.S.

Plus: Plus, 5 takeaways from Biden’s town hall

Biden Brings His Stimulus Pitch to Prime Time

President Biden is taking his pitch for a $1.9 trillion coronavirus aid package on the road, traveling to Milwaukee Tuesday for a CNN town hall at 9 p.m. ET that is expected to focus on the pandemic, the economy and the relief bill that…

Plus: Plus, earmarks are coming back

Is the IRS Up to the Challenge of Biden’s Rescue Plan?

The Biden administration on Friday afternoon revoked permission for states to impose work requirements on Medicaid beneficiaries. The move comes two weeks after President Joe Biden ordered federal officials to review policies that make it…

Plus: Plus, Biden rolls back Trump's Medicaid work requirements

$10,269 in Covid Relief Per Person

President Joe Biden announced Thursday that his administration had purchased another 200 million doses of the Covid-19 vaccines approved for emergency use.

Plus: Plus - 200 million more vaccine shots

Deficit Sets a Record in January

Federal Reserve Chairman Jerome Powell painted a bleak picture of the labor market Wednesday, saying that joblessness is probably worse than the official data indicate and that it could be difficult to get back to full employment in the…

Plus: Plus, the real unemployment rate close to 10%, Fed chief says

Democrats Go All In on $1,400 Checks

Democrats are moving ahead with their plans to send $1,400 coronavirus relief payments to millions of Americans. House Democrats on Monday rolled out their proposal, which calls for sending the full payments to individuals earning up to …

Plus: Plus - Poorest families would get a bog boost

$15 Minimum Wage Would Cost Jobs, but Cut Poverty: CBO

The Congressional Budget Office on Monday released its analysis of the effects of raising the minimum wage to $15, providing both supporters and detractors with fresh ammunition in the battle over the measure, which some Democrats hope to…

Plus: Plus, Is Biden’s Covid plan too big? The debate rages on

Biden Rips Republicans on Covid Relief

President Biden on Friday made a forceful case for his $1.9 trillion Covid rescue package, arguing in a speech to the nation that another weak monthly jobs report demonstrates that the economy urgently needs support on the scale he’s…

Plus: Plus, Larry Summers causes a stir

Mitt Romney’s Plan to Pay Parents Up to $15,000 a Year

Sen. Mitt Romney (R-UT) on Thursday proposed sending American families a cash benefit of at least $3,000 a year per child as part of a plan that he says would immediately lift nearly 3 million children out of poverty.

Plus: Plus, Dems debate limits for $1,400 relief payments

Biden Willing to Limit Who Gets $1,400 Checks

President Joe Biden told House Democrats Wednesday that he was open to further limiting eligibility for his proposed coronavirus payments, but that the size of the $1,400 payments was a campaign pledge he can’t break.

Plus: Plus, what kind of boost would Biden's plan deliver?