• 'We're going to pull out all the stops:' A top Senate Democrat says he'll fight to include a $600 federal unemployment benefit in Biden's stimulus plan

    3 days ago - By Business Insider

    Summary List Placement Sen. Ron Wyden of Oregon, the incoming chair of the ranking Senate Finance Committee, suggested on Thursday in an exclusive interview that elements of President-elect Joe Biden's forthcoming economic rescue package could be modified during Congressional negotiations - particularly on enhanced unemployment insurance.
    Wyden said he would press for a $600 federal unemployment benefit , a top priority for him and some Senate Democrats. In December, the Oregon Democrat sponsored a plan along with Sens. Chuck Schumer , Michael Bennet, Sherrod Brown, and Jack Reed.
    "I'm...
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  • Biden has promised to extend the pause on student-loan payments during his first day in office. Here are other steps the new administration could take for student-debt relief

    Biden has promised to extend the pause on student-loan payments during his first day in office. Here are other steps the new administration could take for student-debt relief

    3 days ago - By Business Insider

    Recep-bg/Getty
    President-elect Joe Biden will extend the current pause on the student loan forbearance program on his first day in office, according to his transition official.
    Biden supports Congress forgiving $10,000 in student loan debt for each person, but he has not provided a timeframe to do so.
    Lawmakers and Biden disagree on whether Biden can use executive powers to cancel student debt.
    Visit Business Insider's homepage for more stories .
    President-elect Joe Biden plans to prioritize federal student loan debt forgiveness on the first day of his presidency, but questions still...
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  • Biden expected to include child benefits for American households in his new stimulus proposal

    3 days ago - By Business Insider

    Demetrius Freeman/The Washington Post via Getty Images
    President-elect Joe Biden is expected to expand child benefits in his new economic relief package by providing monthly payments to families with children.
    This plan is an addition the Biden's plan to expand the Child Tax Credit, a plan he rolled out in September.
    Expanding child benefits is an effort to combat the significant rates of child poverty in the country.
    Visit Business Insider's homepage for more stories .
    President-elect Joe Biden is expected to include expanded child benefits in his economic relief package that will be...
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