The president-elect threw women a lifeline this week when he unveiled a massive $1.9 trillion coronavirus relief proposal that aims to both address the pandemic and the economic crisis it’s caused.Read more
There has been major movement in recent weeks toward a potential deal, including the bipartisan proposal finally unveiled by centrist senators on Monday. And the same two issues that have long bedeviled Pelosi and McConnell — Republican opposition to additional funding for local governments coupled with Democratic resistance to liability protections for businesses — remain.Read more
Biden’s agenda for his first 100 days in office will, according to both those close to him and outside groups in contact with his top aides, center on two key avenues of action:
The passage of a broad economic aid package
A series of executive actions aimed at advancing his priorities where legislation is not necessary.
Containing the Covid-19 pandemic, launching an economic recovery and tackling racial inequality are his most urgent priorities, transition officials say.Read more
Though the economy rebounded sharply in the months following the spring lockdown, the recovery seems to be running out of steam.
Economic indicators, such as retail sales or claims for jobless benefits, have been improving only gradually after bouncing back sharply in the spring.Read more