Stimulus Programs

Latest News for: Stimulus programs

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Paul LePage says Maine’s $850 relief checks will drive inflation

Bangor Daily News 20 May 2022

On the national scale, economists have said massive stimulus programs have contributed to inflation. Researchers at the Federal Reserve Bank of San Francisco recently published a letter arguing that fiscal support during the pandemic, including stimulus payments, could account for about 3 percentage points of inflation nationally.

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Tax rates steady in Hagerstown's $171 million budget, but tax bills might still edge up

Herald Mail 20 May 2022

Hagerstown City Council members this week gave final approval to a $171.2 million budget for the 2022-2023 fiscal year, holding the tax rate steady ... So, if a home is assessed at $150,000, the owner would get a property bill of $1,503 ... Highlights of the budget include money received through the American Rescue Plan of 2021, a federal stimulus program.

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Inflation, stimulus drying up, blamed for dip in Arkansas Lottery revenues

Longview News-Journal 19 May 2022

"The way we built the budget was we peeled out what we felt like was the effect of stimulus," said Hagler. "So whatever we felt like federal stimulus dollars, enhanced unemployment, PPP programs, any of these things that increased cash into the economy, we tried to extract those back out and deal with what we call pure economy.".

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Brazil's govt will maintain GDP outlook for 2022 and 2023 -sources

Reuters 19 May 2022

Data will be used in the bi-monthly income and expenditure report calculations, scheduled for Friday.Register now for FREE unlimited access to Reuters.com. Register ... Analysts say demand in the country has been helped by greater fiscal stimulus, following an increase in a cash transfer program to poorer people ... Register ... Our Standards ... ....

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Officials say a third of US should consider masks, what to do if you test ...

Rapid City Journal 19 May 2022

Nearly three weeks after the White House approved the coronavirus stimulus bill, eligible U.S ... President Donald Trump signed a $484 billion small-business stimulus bill; most of the funds went toward the Paycheck Protection Program, providing loans for small businesses so they could keep paying their workers ... Trump signs second stimulus package.

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Ponnuru: How GOP can extend midterm inflation advantage

Boston Herald 19 May 2022

Public concern over it has been rising fast. Republicans can plausibly blame the administration of President Joe Biden for making the problem worse by spending too much money on a pandemic stimulus program he pushed through Congress last year, and for not taking it seriously as it emerged ... The Federal Reserve is in charge of monetary policy ... economy.

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EU advancing plan to drop Russian fuel

Arkansas Democrat-Gazette 19 May 2022

The bloc's dash to ditch Russian energy stems from a combination of voluntary and mandatory actions ... Energy savings and renewables form the cornerstones of the package, which would be funded mainly by an economic stimulus program put in place to help member countries overcome the slump triggered by the coronavirus pandemic ... .

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EU rushes out $300 billion roadmap to ditch Russian energy

Columbia Missourian 19 May 2022

The bloc’s dash to ditch Russian energy stems from a combination of voluntary and mandatory actions ... Energy savings and renewables form the cornerstones of the package, which would be funded mainly by an economic stimulus program put in place to help member countries overcome the slump triggered by the coronavirus pandemic ... All rights reserved ... .

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'We ought to get locked in a room:' With time running out before the midterms, ...

Business Insider 19 May 2022

Sen. Manchin heads to a vote on Capitol Hill in May 2022 ... Sen ... Enhanced federal subsidies available through the Affordable Care Act are set to expire at the end of the year under the Biden stimulus law. That program bolstered financial assistance for individuals buying their own health insurance through the federal exchange or state marketplace ... Sen.

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DeSantis doles out millions but fails to mention it mostly comes from Uncle Sam

Finger Lakes Times 18 May 2022

DeSantis has repeatedly called the federal stimulus money “Washington at its worst” and blames it for the nation’s high inflation rate ... Even $1,000 first responder bonuses are being covered by federal stimulus money. In all, the state’s 2021-22 budget has $10 billion in federal stimulus money helping to fund programs and bolster the state’s reserves.

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Cebu City may forfeit cash aid if unclaimed on or before May 23

Sun Star 18 May 2022

The City Government began the distribution of the P277 million worth of financial assistance last May 13. The cash aid is intended for victims of Typhoon Odette (Rai) and recent fire incidents, beneficiaries of Tabang Alang sa Panginabuhian sa atong Trabahante (Tapat) program, economic stimulus recipients, and octogenarian beneficiaries ... .

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Brazil’s govt will maintain GDP outlook for 2022 and 2023 -sources

Metro USA 18 May 2022

Data will be used in the bi-monthly income and expenditure report calculations, scheduled for Friday ... Analysts say demand in the country has been helped by greater fiscal stimulus, following an increase in a cash transfer program to poorer people ... Bank of America projected on Tuesday that Brazil will grow 1.5% in 2022 from 0.5% earlier ... .

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DeSantis giving green light to budget items

Citrus County Chronicle 18 May 2022

A day earlier, he declared $125 million for nursing programs safe from his veto pen ... But in election-year appearances across the state, he has dribbled out news on about $2 billion worth of projects and programs that he will approve ... helping natural springs and Everglades programs.

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Ramesh Ponnuru: Republicans can extend their midterm inflation advantage

Pioneer Press 18 May 2022

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Arkose Labs New Intelligence Report Reveals Mounting Economic Gains for Fraudsters, with "Wages" Spiking to ...

Longview News-Journal 18 May 2022

. 75% of attacks aimed at fintech companies were zeroed in on consumer logins ... Bots are Intelligent & Efficient ... Cybercrime is big business ... According to Johnson, the number of active fraudsters has increased 10x since 2019, due in large part because of the "easy money" that could be made from unemployment stimulus programs during the pandemic ... ....