Finance, investment and tax-related legislation

A worker sprays sanitizer into the hands of a shopper at a supermarket in Johannesburg, South Africa in May.
Michael Cohn
September 17, 2020 1:50 PM

Rep. Pete Olson, a Republican from Texas, has introduced a bill that would offer tax incentives to employers who train workers about best practices for reducing the spread of COVID-19 in the workplace.

1 Min Read
Mitch McConnell walks to the Senate Floor in Washington D.C.
By Steven T. Dennis, Laura Litvan and Erik Wasson
September 9, 2020 1:04 PM

Senate leaders will be trying to hold their parties together for a vote Thursday to advance a slimmed-down stimulus bill that Democrats have already rejected, with both sides jockeying for advantage in public perceptions two months before the election.

4 Min Read
opportunity-zone-sheffield-illinois.jpg
Blake Christian
September 2, 2020 2:43 PM

Opportunity zones may just be the perfect vehicle to deliver economic relief to the areas hardest hit by the coronavirus pandemic — both short term and long term.

6 Min Read
mcconnell-mitch-senate-masked-reporters.jpg
By Billy House
August 14, 2020 10:24 AM

There’s little chance of agreement on a new federal coronavirus relief plan without a compromise on the roughly $1 trillion in aid to beleaguered state and local governments that Democrats demand and the White House opposes.

4 Min Read
Nancy Pelosi, right, with Chuck Schumer, following a meeting at the U.S. Capitol in Washington, D.C., on Aug. 5.
By Laura Litvan, Erik Wasson and Billy House
August 6, 2020 11:02 AM

Democrats are demanding more Republican concessions to meet an end-of-the-week deadline for a deal on pandemic relief, and one of the chief White House negotiators warned there is little time left for negotiations.

3 Min Read
U.S. Capitol
By Steven T. Dennis
August 5, 2020 9:52 AM

White House and Democratic negotiators driving toward a deal on a final massive virus relief package by the end of the week still must overcome a raw mix of election-year pressures, internal GOP splits and a profound lack of trust between the parties.

4 Min Read
Paychex office
Michael Cohn
August 4, 2020 1:32 PM

The emergence of new coronavirus hotspots, especially in the South and West, had a major impact, according to a new report from payroll giant Paychex.

3 Min Read
The 115th Congress convenes for the first time in 2017
Roger Russell
July 29, 2020 11:32 AM

Time is running out for further relief efforts before the August recess.

2 Min Read
mcconnell-masked.jpg
By Erik Wasson, Laura Litvan and Laura Davison
July 28, 2020 10:25 AM

The GOP legislation includes a second tranche of stimulus payments, structured the same way as the earlier round, in March, along with tax credits for businesses.

6 Min Read
illinois-state-capitol.jpg
By Shruti Date Singh and Amanda Albright
July 28, 2020 10:00 AM

The economic stimulus plan released by Senate Republicans offers no new money for states and cities to cope with swelling budget shortfalls, leaving them to contend with a grave financial crisis that’s already forcing them to slash spending, furlough workers and delay projects as tax revenue disappears.

3 Min Read