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March 3, 2021

Trillion

Biden backs lower income cap for direct payments in $1.9 trillion relief package

CNBC
CNBC – For more and to sign up click here President Joe Biden speaks about the American Rescue Plan and the Paycheck Protection Program (PPP) for small businesses in response to coronavirus, in the Eisenhower Executive Office Building in Washington, DC, February 22, 2021. Saul Loeb | AFP | Getty......

U.S. gets ‘C-,’ faces $2.59 trillion in infrastructure needs over 10 years: report

Reuters
WASHINGTON (Reuters) – The United States faces a $2.59 trillion shortfall in infrastructure needs that requires a massive jump in government spending to address crumbling roads, bridges and other programs, according to an assessment by an engineers group issued on Wednesday. FILE PHOTO: An aerial photo shows the University Bridge......

Democrats aim to send $1.9 trillion Covid relief bill to Biden by the end of next week

CNBC
CNBC – For more and to sign up click here Speaker of the House Nancy Pelosi (R), Senate Minority Leader Chuck Schumer (D-NY) (C) and Representative Steny Hoyer, speak with the media after meeting with US President Donald Trump at the White House in Washington, DC on October 16, 2019.......

The House just passed Biden’s $1.9 trillion stimulus bill – here’s what’s next

CNBC
CNBC – For more and to sign up click here U.S. Senate Minority Leader Chuck Schumer, joined by Speaker of the House Nancy Pelosi, speaks to reporters in the U.S. Capitol in Washington, July 29, 2020. Erin Scott | Reuters The House of Representatives passed President Joe Biden’s $1.9 trillion......

Biden’s $1.9 trillion COVID relief bill passes House, but faces Senate hurdle

CBS News
CBS News – For more and to sign up click here The House passed President Biden’s  $1.9 trillion coronavirus relief package early Saturday morning almost entirely along partisan lines. The bill now goes the Senate, although it included a minimum wage hike that the Senate parliamentarian ruled on Thursday cannot be included......

House passes $1.9 trillion pandemic relief bill, sends it to Senate

Detriot News
Detroit News – For more and to sign up click here Washington — The House approved a $1.9 trillion pandemic relief bill early Saturday in a win for President Joe Biden, even as top Democrats tried assuring agitated progressives that they’d revive their derailed drive to boost the minimum wage.......

House passes $1.9 trillion Covid relief bill, sends it to Senate

CNBC
CNBC – For more and to sign up click here Speaker of the House Rep. Nancy Pelosi (D-CA) speaks at a weekly news conference at the U.S. Capitol on February 18, 2021 in Washington, DC. Tasos Katopodis | Getty Images The House passed its $1.9 trillion coronavirus relief bill early......

Biden’s $1.9 trillion relief bill passes House, but faces Senate hurdle

CBS News
CBS News – For more and to sign up click here The House passed President Biden’s  $1.9 trillion coronavirus relief package early Saturday morning almost entirely along partisan lines. The bill now goes the Senate, although it included a minimum wage hike that the Senate parliamentarian ruled on Thursday cannot be included. ......

House to vote on Biden’s $1.9 trillion Covid relief package

CNN
USA TODAY – For more and to sign up click here Due to House procedures, a vote is now not expected to take place until late in the evening Friday or early in the morning on Saturday. Once the bill passes the House it would next go to the Senate.......

The $1.9 trillion stimulus bill would make health insurance more affordable for millions

CNBC
CNBC – For more and to sign up click here Brothers91 | E+ | Getty Images If getting health insurance through a public exchange has been too pricey for you, that could soon change. The $1.9 trillion Covid stimulus package that’s expected to clear the House of Representatives on Friday......

House set to approve Biden’s $1.9 trillion stimulus package, send bill to the Senate

CNBC
CNBC – For more and to sign up click here The House is expected to pass a $1.9 trillion Covid-19 stimulus package later Friday and send President Joe Biden‘s relief plan to the Senate. Both chambers aim to approve the bill and send it to Biden’s desk before March 14,......

House to vote on $1.9 trillion COVID relief bill this week as Senate considers minimum wage hike

CBS News
CBS News – For more and to sign up click here Washington — The House is expected to approve President Biden’s $1.9 trillion coronavirus relief proposal later this week in a party-line vote, after the House Budget Committee advanced the bill on Monday. House Majority Leader Steny Hoyer announced Tuesday......

Charlie Munger doesn’t know what’s worse: Tesla at $1 trillion or bitcoin at $50,000

CNBC
CNBC – For more and to sign up click here Charles Munger, vice chairman of Berkshire Hathaway Inc. Jonathan Alcorn | Bloomberg | Getty Images Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, on Wednesday dismissed the rocketing share price of Tesla and the recent......

House Democrats aim to pass $1.9 trillion Covid relief bill on Friday

CNBC
CNBC – For more and to sign up click here Speaker of the House Nancy Pelosi (D-CA), joins fellow members of Congress to observe a moment of silence on the steps of the U.S. Capitol, on February 23, 2021 in Washington, DC. Al Drago | Getty Images House Democrats plan......

House panel advances $1.9 trillion Covid relief bill as Democrats move toward passage this week

CNBC
CNBC – For more and to sign up click here Seniors and first responders wait in line to receive a COVID-19 vaccine at the Lakes Regional Library on December 30, 2020 in Fort Myers, Florida. Octavio Jones | Getty Images The House on Monday moved forward with its $1.9 trillion......

Elon Musk says bitcoin seems high after surpassing $1 trillion market cap

CNBC
CNBC – For more and to sign up click here Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Tesla CEO Elon Musk said Saturday that bitcoin prices “seem high”......

Bitcoin hits $1 trillion in market value as cryptocurrency surge continues

CNBC
CNBC – For more and to sign up click here Yuriko Nakao | Getty Images The price of bitcoin crossed another major milestone Friday, as the cryptocurrency’s market value surpassed $1 trillion, according to Coindesk. The digital currency was trading at just under $54,000 per coin Friday as it hit......

COVID response drives $24 trillion surge in global debt: IIF

Reuters
LONDON (Reuters) – The COVID pandemic has added $24 trillion to the global debt mountain over the last year a new study has shown, leaving it at a record $281 trillion and the worldwide debt-to-GDP ratio at over 355%. FILE PHOTO: Buildings are seen in the Canary Wharf business district,......

Deficit projected at $2.3 trillion for 2021, not counting additional stimulus, CBO says

CNBC
CNBC – For more and to sign up click here The statue of Grief and History at the Peace Monument is seen in front of the U.S. Capitol dome. Jonathan Ernst | Reuters The federal budget deficit is projected to total $2.3 trillion in the 2021 fiscal year, a drop......

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