Government Spending

Schumer refers to McConnell as 'Dr. No' on COVID relief package negotiations

"The bottom line is very simple, we need a large, strong COVID bill to deal with our problems," Schumer said Sunday. "We have heard for months, every time we get close to a deal, Senator McConnell says no, he has become the Doctor No of COVID, just like he has been the Doctor No of all the bills in the Senate over the last several years."

COVID-19 relief pushes U.S. budget deficit to a record $3.1T

The massive figures were expected but still stunning, more than double the previous deficit record of $1.4 trillion that was registered during former President Barack Obama’s first year in office during the Great Recession in 2009.

Loan forgiveness underway for SBA's Paycheck Protection Program

The Small Business Administration is in the process of forgiving potentially millions of loans under the Paycheck Protection Program that were approved to support small businesses during the coronavirus pandemic, expecting the process will proceed efficiently.