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National

Weekend spending deal averts government shutdown

WASHINGTON (UPI) -- Washington lawmakers reached a spending plan Sunday that will keep the government operating through December, avoiding a looming shutdown. The deal keeps federal agencies funded and staves off what could have been a government stoppage Oct. 1, the start of the new fiscal year. This move allows lawmakers to push a decision on future spending until after the November election. House Speaker Mike Johnson described the measure as "bare bones," and only included funding extensions that are absolutely necessary. Speaker of the House Mike […]

todaySeptember 22, 2024 130

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Business & Lifestyle

U.S. stocks trade mixed as 10-year treasury yield fluctuates

NEW YORK (UPI) -- U.S. stocks traded mixed on Wednesday as the 10-year treasury yield fluctuated, sending tech stocks lower. The Dow Jones Industrial Average gained 90.73 points, or 0.26%, and the S&P 500 gained 0.16%, while the tech-heavy NASDAQ Composite lagged behind, falling 0.24%. The NASDAQ opened up about 0.5% after dropping 2.8% on Tuesday as the 10-year treasury yield fell below 1.5% but bounced back above 1.54% in the afternoon. Netflix stock gained 2.61% and Apple stock increased 0.65%, […]

todaySeptember 29, 2021 13

Senate Republicans block debate on bipartisan infrastructure bill
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National

Senate Republicans block debate on bipartisan infrastructure bill

WASHINGTON (UPI) -- Senate Republicans on Wednesday blocked a procedural vote to advance a massive bipartisan infrastructure bill, saying it is premature to do so while negotiators are still ironing out its details. Following through on warnings this week that Senate Majority Leader Chuck Schumer's bid to open debate on the measure is coming too soon, GOP senators mustered 49 votes to block consideration of the measure. The infrastructure bill, ultimately expected to be worth $600 billion, has been tagged […]

todayJuly 21, 2021 2

National

Congress reaches deal on new COVID stimulus relief

WASHINGTON (The Center Square) – Congressional leaders have agreed to a new COVID-19 stimulus package that will provide more aid to struggling small businesses and send a second round of direct payments to Americans. Sen. Majority Leader Mitch McConnell and others confirmed the $900 billion coronavirus relief deal Sunday night. If approved by Congress and signed by President Donald Trump, the measure will include $600 in direct payments to adults and children from qualifying households, more than $280 billion in […]

todayDecember 21, 2020 6

Governmental Watchdogs

Bipartisan legislators introduce two-part $908 billion stimulus package

WASHINGTON (UPI) -- A bipartisan group of lawmakers on Monday introduced a two-part COVID-19 stimulus bill totaling $908 billion as they seek to end months of deadlock in Congress over the measure. The group of about 12 senators from both parties introduced the measure including a $748 billion package focused on funding for education, vaccines, and transportation, alongside a $160 billion add-on including the most contentious provisions such as state and local funding and a short-term liability shield for employers. […]

todayDecember 15, 2020 8

Financial News

More stimulus, school and jobless funds expected in $1 trillion GOP relief bill

WASHINGTON (UPI) -- Senate Republicans plan to introduce a $1 trillion coronavirus relief package on Monday that will include another stimulus payment for Americans and funds to help schools reopen. After days of negotiating among GOP lawmakers and the White House, the Senate measure is expected to include a $1,200 stimulus payment, temporary and reduced unemployment benefits, funds to help schools reopen, $16 billion in funding for COVID-19 testing and tax incentives for companies to rehire employees. Senators said they […]

todayJuly 27, 2020 3

Decision 2020

Montana Gov. Steve Bullock announces run for U.S. Senate

HELENA, Mont. (UPI) -- Montana Gov. Steve Bullock announced Monday he will run for the U.S. Senate, becoming the most high-profile Democratic candidate to take on incumbent Republican Steve Daines in November. The two-term governor made the announcement in a Twitter post Monday morning, including a video listing his accomplishments, such as creating 34,000 new jobs and investing in infrastructure. The video announcement also highlighted that he protected public lands and banned dark money from Montana's elections. And under his […]

todayMarch 10, 2020 11

Governmental Watchdogs

Senate introduces impeachment charges, officially begins trial of President Donald Trump

WASHINGTON (UPI) -- Two articles of impeachment were introduced in the Senate Thursday, formally marking the start of a historic proceeding that could potentially remove President Donald Trump from office. The seven Democratic managers tasked with presenting the evidence at trial read the articles on the Senate floor. They accuse Trump of abusing his power by trying to press Ukraine to investigate Democratic candidate Joe Biden, and obstructing the House investigation that followed. Although they mark the official opening of […]

todayJanuary 16, 2020 26

Capital Area Region

Illinois teachers saw union dues flow to Chicago groups, politics and Madigan

SPRINGFIELD (Illinois Policy Institute) -- Government worker unions can use their members' dues in any number of ways. The most recent federal filings of one of Illinois' largest teachers unions reveal millions of dollars directed disproportionately to Chicago and to political causes with which their members may disagree. Illinois teachers may be surprised where their union dues go. Each year, unions such as the Illinois Federation of Teachers, or IFT, are required to file federal reporting documents that outline the […]

todayFebruary 6, 2018 2

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