Michigan Gov. Whitmer, others to testify to Congress about pandemic response
LANSING, Mich. — Gov. Gretchen Whitmer will testify before a congressional subcommittee Tuesday about Michigan’s response to the COVID-19 pandemic, she said Friday.By then, Whitmer said, she may have news about further loosening of restrictions on Michigan’s economy, she said at a news conference in Lansing.“If it continues this way, I’m optimistic that in the coming days we’ll be in a position to take another step forward,” said Whitmer, adding she has a meeting planned for Saturday with health and other experts about the next step in re-engaging the economy.Whitmer said she will testify befo...
Detroit Free Press
Commentary: Pandemic relief makes the rich richer
Sadly but predictably, the snake oil cures and scams meant to exploit the coronavirus crisis for personal gain seem endless.But perhaps the greatest scam was the one approved by Congress with overwhelming bipartisan support and signed into law by President Donald Trump on March 27.The $2 trillion rescue measure known as the Coronavirus Aid, Relief, and Economic Security Act delivered a $135 billion tax break for the wealthy elites like hedge-fund investors and real estate tycoons.In the midst of the greatest medical and economic crisis in modern history, Congress chose to give a tax break almo...
Tribune News Service
Is it time for another stimulus bill? Here are some expert opinions
House Democrats proposed a roughly $3 trillion bill recently to battle the health and economic effects of COVID-19.Some Republican lawmakers, and a top White House economic adviser, have cautioned against another round of federal stimulus spending too soon after the last package — preferring to take a “wait and see” approach.Politics aside, many Americans are wondering if the federal government will be offering more support as they are out of work.Q: Should the federal government wait a while before another stimulus bill?Kelly Cunningham, San Diego Institute for Economic ResearchYES: After imm...
The San Diego Union-Tribune
The Week Ahead: Settling into a longer recovery
The snap-back economic theory is quickly breaking. Investors will witness a legislative admission in the week ahead that it will take longer for the economy to recover than hoped for just a few weeks ago.In the spasm of government stimulus plans passed in the throes of stay-at-home orders, the goal of the Paycheck Protection Program (PPP) was to keep working Americans on company payrolls even as business came to a sudden stop. There was such demand for the dollars that Congress eventually OK’d a second round of the forgivable loans to companies if they spent most of the money to pay workers fo...
Majority of Latinos lack trust in federal response to COVID-19, new poll shows
MIAMI — Latinos say they are skeptical of federal authorities’ response to the coronavirus, but they generally support provisions in the new financial stimulus bill passed by the U.S. House of Representatives, according to a new national poll released by Democratic-leaning organizations Wednesday.The survey, conducted May 10 to May 16 by the research firm Latino Decisions, was commissioned by the nonprofits UnidosUS, SOMOS and the progressive advocacy group MoveOn. Polling in all 50 states — including over-samples in Florida, Arizona, Texas, New York, New Jersey, Colorado, Illinois and Califor...
The Week Ahead: America's borrower and buyer 'go' to Capitol Hill
It was just three months ago when Federal Reserve Chairman Jerome Powell described the American economy as “healthy” and the outlook as “favorable.” That was in mid-February when he last made an appearance before the Senate Banking Committee delivering his mid-fiscal year update.It will be a very different message he delivers when he returns to the committee in the week ahead.For the first time since the COVID-19 pandemic hit, America’s chief borrower and the country’s buyer of last resort are due to testify together to a congressional committee. The Fed chairman will be joined virtually by Tr...
Editorial: Progress on saving America's free press
Congress is taking some encouraging steps toward the critical challenge of saving America’s local newspapers.This was apparent in several proposals this week. A new House stimulus proposal would extend paycheck protection loans to additional local news outlets. A bipartisan group of senators, with outstanding leadership by Washington Sen. Maria Cantwell, introduced a stand-alone Senate bill offering similar loan support.These proposals reflect growing appreciation in Congress of the crisis facing America’s free press, and the need to sustain it through and beyond the current health and economi...
The Seattle Times
A top Pennsylvania Republican said coronavirus only threatens children in poor health. That's not true.
PHILADELPHIA — Arguing that Pennsylvania should move quickly to reopen its economy even as coronavirus cases surge in some areas, the state House’s Republican leader said this weekend that reopening schools in the fall should be a top priority.Not only do students deserve a chance to perform experiments in science labs and play instruments in recitals, House Speaker Mike Turzai said — children are largely protected from the ravages of the virus because of their youth, and would be safe if they go back to school.“Guess what, they’re not at risk unless they have an underlying medical issue,” sai...
The Philadelphia Inquirer
Most people support coronavirus lockdowns. But Trump is fighting them as he comes to Pa.
PHILADELPHIA — With President Donald Trump prioritizing a rapid economic rebound as the key to the country’s revival and his own political fate, the fraught debate over when to loosen coronavirus restrictions is taking on increasingly partisan hues, including in Pennsylvania.Strong majorities of voters still think it’s more important to prioritize health and safety over reopening the economy. But recent polling suggests that views of the coronavirus response, after largely avoiding the country’s usual polarization, are drifting toward familiar divides. Multiple surveys this week showed a growi...
The Philadelphia Inquirer
Gov. Newsom vows to add firefighters despite California budget woes, as 'ferocious' summer looms
SACRAMENTO, Calif. — With a “ferocious and challenging” wildfire season looming, California Gov. Gavin Newsom pledged to hire hundreds of new firefighters Wednesday — but acknowledged that his new budget will curtail some of his previous funding proposals to help the state respond to emergencies.As the state falls into a multibillion-dollar budget deficit because of the coronavirus pandemic, Newsom said he’ll work with the Legislature to secure more than $200 million in new funding for Cal Fire and the Office of Emergency Services.“We are not going to step back despite the economic headwinds,”...
The Sacramento Bee