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West Virginia giving people under 35 $100 savings bonds for getting vaccinated | CNN Politics

West Virginia giving people under 35 $100 savings bonds for getting vaccinated | CNN Politics

By and , CNNLink Copied!Ad Feedback — West Virginia will give $100 savings bonds to residents ages 16 to 35 who get vaccinated against Covid, Gov. Jim Justice announced Monday.“Every single one of our young people – we’re going to give a $100 savings bond to every single one that steps up and takes their vaccines,” Justice, a Republican, said at a news conference.About 52% of the state’s 1.5 million eligible residents have received at least one dose, according to the governor. If at least 275,000 of younger West Virginians get vaccinated, it will increase the state’s total to more...

April 27, 2021
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White House defends hiking taxes on corporations to pay for infrastructure, but signals it's open to compromise | CNN Politics

White House defends hiking taxes on corporations to pay for infrastructure, but signals it's open to compromise | CNN Politics

By , and , CNNLink Copied!Ad Feedback — Faced with major blowback over its, the Biden administration is rolling out a campaign to justify why it needs to hike corporate taxes to fund the massive plan. But also left the door open Wednesday to negotiate one of the most contentious provisions – raising the corporate tax rate to 28%.“I’m wide open, but we’ve got to pay for this,” Biden told reporters following his remarks about the American Jobs Plan. “There are many other ways we can do it. I’ve come forward with the best, most rational way in my view, the fairest way to pay for it....

April 7, 2021
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Here's what's in Biden's infrastructure proposal | CNN Politics

Here's what's in Biden's infrastructure proposal | CNN Politics

By , and , CNNLink Copied!Ad FeedbackEditor’s Note: This story originally ran on March 31 and has been updated with new developments. — Now that his massive coronavirus relief package is law, is laying out his next big proposal: A roughly $2 trillion plan for improving the nation’s infrastructure and shifting to greener energy over the next 8 years.The nation’s infrastructure is sorely in need of repair. It recently earned a C- score from the American Society of Civil Engineers, which said an is required over the next decade. But Biden is also pitching his plan as an investment to...

March 31, 2021
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Fact-checking Biden's first news conference as president | CNN Politics

Fact-checking Biden's first news conference as president | CNN Politics

By , , and , CNNLink Copied!Ad Feedback — President Joe Biden held the first formal of his presidency on Thursday, taking questions in the East Room of the White House on immigration, foreign policy, the Senate filibuster, his political future and other subjects.Here is a fact check of some of the claims he made.Defending his approach to migration at the southern border, Biden claimed that “we’re sending back the vast majority of the families that are coming.”Facts First: This was not true in February, the last month for which we have full data.Published Customs and Border...

March 25, 2021
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Congress eyes extending PPP deadline for businesses, as billions sit untouched | CNN Politics

Congress eyes extending PPP deadline for businesses, as billions sit untouched | CNN Politics

By , CNNLink Copied!Ad Feedback — Lawmakers are rushing to extend the federal government’s key relief program for small business owners as the deadline to apply for a loan from the approaches with more than $110 billion still untouched.With about 40% of the funds allocated by Congress in December remaining, lawmakers approved for the fund in the $1.9 trillion Covid relief bill that was But the additional funds are of little use if the March 31 deadline isn’t pushed back.There’s bipartisan support for legislation that would extend the program to May 31 and provide an additional...

March 12, 2021
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Debt collectors can seize the new stimulus checks. Lawmakers are trying to fix that | CNN Politics

Debt collectors can seize the new stimulus checks. Lawmakers are trying to fix that | CNN Politics

By , CNNLink Copied!Ad Feedback — The latest round that started going out over the weekend are open to being seized by private debt collectors – a problem lawmakers are rushing to fix.Recipients with unpaid credit card or medical bills for which a company has obtained a judgment against the debtor could see the fresh infusion taken from their bank accounts, potentially preventing those in need from getting the emergency cash.Sen. Ron Wyden, a Democrat from Oregon, plans to introduce a fix that would shield the payments from garnishment as early this week, according to a...

March 13, 2021
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Stimulus payments hitting some Americans' bank accounts | CNN Politics

Stimulus payments hitting some Americans' bank accounts | CNN Politics

By and , CNNLink Copied!Ad Feedback — Some Americans are already seeing the latest round of hit their bank accounts, as the first batch of funds is rolled out.The payments – worth up to $1,400 per person – were included in the this week.The White House on Thursday had announced that payments would go out as soon as this weekend for those who have their direct deposit information on hand at Treasury and the Internal Revenue Service. Processing of the first batch of stimulus payments began on Friday and more will roll out in the “coming weeks,” an official with the Treasury...

March 13, 2021
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Miguel Cardona confirmed as education secretary

Miguel Cardona confirmed as education secretary

Washington (CNN)The Senate voted 64-33 on Monday to confirm , a former public school teacher, as secretary of education.He faces the monumental task of helping guide as teachers' unions in some places across the country are fighting reopening plans.President Joe Biden has pledged within his first 100 days in office, and is pushing Congress to approve another $170 billion in education funding.Cardona, whose family is from Puerto Rico, enjoyed a meteoric rise to the top of Connecticut's public education system. He began his career as fourth-grade teacher in Meriden, in the same district where...

December 23, 2020
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Here's what you can expect to get from the $1.9 trillion House stimulus | CNN Politics

Here's what you can expect to get from the $1.9 trillion House stimulus | CNN Politics

By and , CNNLink Copied!Ad Feedback — The contains a wide range of proposals to help Americans still struggling with the economic fallout of the pandemic.The legislation, which largely mirrors provides, as well as additional assistance for the unemployed, hungry, uninsured and at risk of losing their homes. It also would provide a bigger tax break for parents.and congressional Democrats argue that another massive bill is necessary to assist both people in need and the nation at large.Now the bill moves to the Senate, which may add, change or eliminate some provisions – including...

February 27, 2021
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Elizabeth Warren calls for canceling student loan payments during coronavirus emergency

Elizabeth Warren calls for canceling student loan payments during coronavirus emergency

Stay Updated on Developing StoriesView in AppBy Katie Lobosco, CNNWashington(CNN) Democratic Sen. Elizabeth Warren of Massachusetts is reviving a piece of her amid the coronavirus pandemic, proposing to cancel student loan payments for the duration of the emergency.The plan is backed by Senate Minority Leader Chuck Schumer of New York, Washington state's Sen. Patty Murray and Sen. Sherrod Brown of Ohio, all fellow Democrats. It comes as lawmakers are considering what to include inThe proposal would require the government to make the monthly payments for everyone with federal student loans,...

March 19, 2020
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