Joseph Zeballos-Roig
Joseph Zeballos-Roig
Economics reporter @businessinsider | Past @TheTakeaway @60Minutes @NYT_Institute | RTs only mean 👀 | ”In the pocket of Big Truth”Source
New York City, NY
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The Treasury Department sent dead people more than 1 million stimulus checks totaling $1.4 billion

The Treasury Department sent dead people more than 1 million stimulus checks totaling $1.4 billion

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.A congressional watchdog that the federal government sent 1.1 million stimulus payments to dead people, totaling $1.4 billion.The report from the Government Accountability Office said that in the scramble to send direct payments to Americans after the CARES Act passed in March, a...

June 25, 2020
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A new GOP bill would give each taxpayer $4,000 to take a vacation anywhere in the US through the end of 2021

A new GOP bill would give each taxpayer $4,000 to take a vacation anywhere in the US through the end of 2021

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.A new Republican bill would give each American $4,000 to take a vacation anywhere in the US through the end of next year.Sen. Martha McSally on Monday, called the American Tax Rebate and Incentive Program Act, or the American TRIP Act. It would give each person a tax credit, meaning...

June 23, 2020
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Top GOP senator says Trump should 'put a bunch of cotton' in the mouth of a trade adviser who claimed the US was going to dump the China trade deal

Top GOP senator says Trump should 'put a bunch of cotton' in the mouth of a trade adviser who claimed the US was going to dump the China trade deal

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.A prominent GOP senator said on Wednesday that President Donald Trump should "put a bunch of cotton" in the mouth of Peter Navarro, a top trade advisor who nearly tanked the US-China trade deal by declaring it "over." Sen. Chuck Grassley said in that Trump should attempt to...

June 25, 2020
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A top Trump economic adviser says the $600 weekly boost in unemployment benefits will be allowed to expire in late July

A top Trump economic adviser says the $600 weekly boost in unemployment benefits will be allowed to expire in late July

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.National Economic Council Director Larry Kudlow on Sunday pledged an end to the $600 boost in weekly unemployment benefits at the end of July. He touted a proposal for a hiring bonus instead. on CNN's "State of the Union," Kudlow said the additional payment "might have worked for the...

June 15, 2020
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The GOP wants to move boosted unemployment benefits to a new percentage-based system — but experts warn the rollout could be a logistical nightmare

The GOP wants to move boosted unemployment benefits to a new percentage-based system — but experts warn the rollout could be a logistical nightmare

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Republicans are pushing to end a $600 federal payout to state unemployment benefits and eventually replace it with a new wage-based formula that doesn't pay millions of laid-off workers more than they earned on the job.It's a cornerstone of their stimulus plan to aid the unemployed. on Monday after days of GOP hangups over which measures to pursue and remedy an economy .Under the proposal, a $200 federal payout would be kept in addition to state unemployment...

August 1, 2020
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Treasury Secretary Mnuchin says Republicans will push for the federal unemployment boost to cover 70% of a jobless person's past wages

Treasury Secretary Mnuchin says Republicans will push for the federal unemployment boost to cover 70% of a jobless person's past wages

The words "Business Insider".Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Treasury Secretary Steven Mnuchin said on Thursday that Republicans will seek to implement enhanced unemployment benefits so they cover 70% of a jobless person's previous wages.During an interview with CNBC's "Squawkbox," Mnuchin said the GOP want to put in place a federal payout that ensures people would have adequate incomes while they're out of work.—Squawk Box (@SquawkCNBC)  "We want to make sure that the people that are out there that can't find...

July 23, 2020
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Mitch McConnell floated a $40,000 income cutoff for a 2nd round of stimulus checks. That could leave out 20 million Americans who benefited from the first wave.

Mitch McConnell floated a $40,000 income cutoff for a 2nd round of stimulus checks. That could leave out 20 million Americans who benefited from the first wave.

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.More Republicans in Congress are signaling a willingness to get on board with another round of $1,200 stimulus checks for Americans as lawmakers debate what should be included in another economic relief package.For months, GOP lawmakers have expressed alarm about the substantial...

July 10, 2020
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Trump claims a Joe Biden presidency would cause stock gains to 'disintegrate and disappear,' but JPMorgan says it could actually boost the market

Trump claims a Joe Biden presidency would cause stock gains to 'disintegrate and disappear,' but JPMorgan says it could actually boost the market

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Joseph Zeballos-RoigRedeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Might a Joe Biden presidency send the stock market into a nosedive and end months of steady gains? President Donald Trump appears to think so.On Monday, Trump tweeted that if Biden wins the presidential election in November, stocks and 401ks would "disintegrate and disappear."—Donald J. Trump (@realDonaldTrump) The president claimed that Biden would...

July 6, 2020
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A top Senate Republican says a stimulus check would 'do more economic good' than the payroll tax cut that Trump is seeking

A top Senate Republican says a stimulus check would 'do more economic good' than the payroll tax cut that Trump is seeking

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.An icon in the shape of a person's head and shoulders. It often indicates a user profile.Redeem nowGet the inside scoop on what traders are talking about — delivered daily to your inbox.Something is loading.Republican Sen. Chuck Grassley of Iowa said on Monday afternoon that a stimulus check would "do more economic good" than the payroll tax cut that President Donald Trump has staunchly advocated for.Grassley, the chairman of the Senate Finance Committee, said a direct payment would be...

July 20, 2020
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The Senate could be headed for a game of chicken over the border

The Senate could be headed for a game of chicken over the border

Senate Democrats are barreling ahead with a vote next week on President Biden’s aid package for Ukraine, Israel, and Taiwan, setting up a clash over border policy.“ Just like the Biden administration, our caucus feels strongly that the bills should be together,” Senate Majority Leader Chuck Schumer said at the Capitol on Tuesday. “We hope to have a vote next week.” Republicans have said they won’t back Biden’s national security package, which also includes additional funding for border enforcement, unless it includes major policy changes to the federal asylum system aimed at stemming the...

Nov 29
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