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Here s where things stand in Congress $900 billion relief package negotiations

Final details are still not settled on a $900 billion coronavirus stimulus package as midnight deadline looms Vox.com 12/20/2020 Anya van Wagtendonk © Tasos Katopodis/Getty Images Senate Minority Leader Chuck Schumer at the US Capitol ahead of a coronavirus stimulus meeting with House Speaker Nancy Pelosi. Lawmakers in Washington are attempting to hammer out final details of a new coronavirus stimulus aid package. They must do so before midnight Sunday, when the federal government is currently set to shut down, unless Congress passes legislation attached to the stimulus bill that would keep it open. Fortunately, leaders of both parties say they are close to a deal.

The Finance 202: The coronavirus crisis is leaving labor market scars that will take years to heal

The Finance 202: The coronavirus crisis is leaving labor market scars that will take years to heal Tory Newmyer with Brent D. Griffiths As a bleak Christmas bears down on millions of Americans, JPMorgan’s cross-asset strategists just offered the best description yet of the rarefied view from the top of the K-shaped recovery. “Barring a correction comparable to those in September and October,” they wrote in a Wednesday note to clients, “markets should end 2020 with returns suggesting nothing historic had occurred this year.” © Lucy Nicholson/Reuters Discount sale signs are seen in the window of a store at the Citadel Outlet mall in Commerce, Calif. (Lucy Nicholson/ Reuters)

Covid stimulus: Even if Congress makes a deal, unemployed workers are in trouble

Stephanie Keith/Getty Images Even if Congress gets its act together soon on a new stimulus bill as is now expected following months of failed negotiations it has already run out the clock, so much so that millions of unemployed workers will likely still be harmed. It turns out governance via extreme procrastination is not an ideal approach. After months of a will-they-or-won’t-they dance that’s left workers, businesses, and much of the economy in limbo, lawmakers yet again have a potential deal: a $748 billion proposal to help boost the economy as the Covid-19 pandemic rages on. While it may have some shortcomings Democrats dropped state and local government aid from the main bill in exchange for Republicans dropping corporate liability protections it’s not the worst deal in the world, and it does have new payments for the unemployed.

Dems Must Pair Student-Debt Forgiveness With $15 Minimum Wage, Vox Writer Says

Dems Must Pair Student-Debt Forgiveness With $15 Minimum Wage, Vox Writer Says Plan would not pay out proportionately to least-well-off workers SHARE Democrats see student-debt forgiveness as a major priority for Joe Biden s first day in office, even though the policy would move vast wealth from the poor to the rich. One Vox writer has a solution: Give minimum-wage workers a little boost too. Noting that the proposal to forgive up to $50,000 in student debt is far more popular with those with debt than those without, Vox business writer Emily Stewart suggested in a recent article that Democrats could pair it with an action that would benefit non-college-educated people, such as requiring federal contractors to pay a $15 minimum wage.

Singer/songwriter and musician grew up surrounded by storytellers, now tells stories in her songs

Following an accident in 2007 in which she was hit by a tractor then out of work for five months, Emily Stewart turned to writing and singing songs. The singer/songwriter and musician is working on an album entitled “Blessing Hearts & Taking Names.” Her previous recordings are “1” and “Say What You Mean,” both EPs; and the single “Root to Heart.” “I always tell people it’s folk, country, blues and roots,” Stewart said of her music. She primarily plays the guitar and banjo but likes to mix things up by playing other instruments such as the ukelele, zhongruan, mandolin and dulcimer.

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