8 Burst results for "Taylor Vance Ice Elizabeth"

"taylor vance ice elizabeth" Discussed on KOMO

KOMO

04:30 min | 5 months ago

"taylor vance ice elizabeth" Discussed on KOMO

"Taking place. That's because an aide warned that a woman in multiple Children were seen near the target. Starting March, 22nd workers and agriculture and grocery stores in Washington state will be eligible for the cove in 19 vaccine as well those in law enforcement and others included in the next eligibility phase. Later this month. The extended federal unemployment benefits expire as that deadline approaches. Mortuary angels They're being made to the covert relief bill. This is Senate Majority Leader Chuck Schumer matter how long it takes. Senate is going to stay in session to finish the bill this week. American people deserve nothing less. Elizabeth Chelsea is covering this for ABC News and spoke with Cuomo's Taylor Vance. Ice Elizabeth. What's happening with the really package in the Senate today? Well, the Senate has just voted to move forward to take up this bill and to start debate on the bill. This is the $1.9 Trillion Coben relief package and an indication of how partisan that this bill is. Vice president Kamila Harris served as the tiebreaker vote. So it was 51 to 50 with the Democrats just barely choosing to go forward with this bill here, and now the stage is set for what's going to be a long debate on the bill. We've known for a little while now that the Senate likely won't push forward with that $15 minimum wage provision, But what other changes are likely now? That's hit that upper chamber. Yeah, that's right. The minimum wage appears to be out for this time, But one other big change has been this Eligibility for the stimulus checks as we know there's another round of $1400 stimulus checks in this package for many Americans, But now if you make as an individual 80,000 more than $80,000, you will no longer qualify for a check. That number had previously been $100,000. For a couple of the number also decrease that you have to make below $150,000 to qualify at all. And this is a way to make these checks a little bit more if they're calling it targeted. Really a concession to moderate Democrats who said that these checks were not aimed enough that the people who need them the most and that you know, higher income filers were still going to be getting them, but certainly You know it changes a bit a little bit, and that some of the people who will be now not getting checks would have gotten them under former President Trump. I think a lot of Americans still have the question, though, of okay, I don't. I don't care about the process where spending money. What's the Senate change going to do to the timeline of this thing? Exactly? Well, this timeline is still trying to be set in order to get this bill said, done and passed and signed by President Biden by March 14th. So that is, of course, when those federal unemployment benefits Expiring. This bill does include an extension additional $400 per week to the unemployment insurance program through obvious so that is something that millions of Americans are counting on, and it looks like the Senate is still on track for that. If they pass it in the next couple of days, it would still have to go back to the house to get past. And then it will go to President Biden steps that we're looking at another week. Here in the process is physical. We've heard from what Chuck Schumer had to say about the efforts any comment today from Senate Minority Leader Mitch McConnell or President Biden plenty from both. Actually, Senate Minority Leader Mitch McConnell is angry about this effort. He is expressing his frustrations with the price tag of the bill, which has been the main critique from Senate Republicans. All along, and they're using this kind of the words of President Biden a little bit against him and saying This is clearly not a bipartisan effort, But President Biden is standing strong, he says. This is a that's needed. We need to get this done, and he continues to say that. Risk is that we don't do enough versus do too much, and he did say he's a he agrees with these kind of more targeted stimulus checks to that change, But otherwise, he says, you know, fighting says he's confident that he's gonna get passes. Course this is his First big legislative priorities. So a lot of riding on this for the White House here, baby sees Elizabeth shows you with us on coma News, Elizabeth Thank you very much. And that's cool. Most Taylor Vance ice It's 5 20 Jim Tesco. Now with your coma, propel insurance Money updates. Hosko was out with quarterly earning, so look to be shy of what analysts had been projecting. Warehouse club operator posted a fiscal second quarter profit of $951 million. Costco's revenue of 44.77 billion was a smidge above forecasts. Stocks lost ground for a third straight session with Tech shares again leading the decline. The down industrials dropped 346 points the S and P 500 years 51 in the tech heavy NASDAQ slid 274 or 2.1%. Amazon today opened an Amazon fresh grocery store in London..

$15 Amazon $100,000 Costco $400 44.77 billion Elizabeth Chelsea $1400 March 14th Washington Elizabeth 346 points Taylor Vance London 51 274 $951 million 50 2.1% $1.9 Trillion
"taylor vance ice elizabeth" Discussed on KOMO

KOMO

04:57 min | 5 months ago

"taylor vance ice elizabeth" Discussed on KOMO

"The Northwest's on Lee 24 hour News Station Co. Moh news 1000 FM 97 7 Good afternoon I'm Rick fan sites with ELISA Jaffe, our editor, Jeremy Greater, and with the hand on the controls our technical director Bill O'Neill. People in Hawaii are on alert right now for a possible tsunami. They're being told to quickly get a plan in place in case waves begin crashing later this afternoon, the Pacific Tsunami warning Center issued the watch after an 8.1 earthquake struck near New Zealand. Seattle's teachers union voting not to return to the classroom, saying it's no confidence in the school district to keep educator safe during the pandemic. The Seattle school district says it's still plans to open up classrooms to about 1100 students on March 8th. Later this month, the extended federal unemployment benefits expire as that deadline approaches. More changes are being made to the covert relief bill. This is Senate Majority Leader Chuck Schumer, no matter how long it takes San It is going to stay in session to finish the bill this week. The American people deserve nothing less. Elizabeth Chelsea is covering this for ABC News and spoke with co most Taylor Vance Ice Elizabeth. What's happening with the really package in the Senate today? Well, the Senate has just voted to move forward to take up this villain to start debate on the bill. This is the $1.9 Trillion Coben relief package and an indication of how partisan this this bill is. Vice president Kamila Harris served as the tiebreaker vote. So it was 51 to 50 with the Democrats just barely choosing to go forward with this bill here, and now the stage is set for what's going to be a long debate on the bill. We've known for a little while now that the Senate likely won't push forward with that $15 minimum wage provision, But what other changes are likely now? That's hit that upper chamber. Yeah, that's right. The minimum wage appears to be out for this time, But one other big change has been this Eligibility for the stimulus checks as we know there's another round of $1400 stimulus checks in this package for many Americans, But now if you make as an individual 80,000 more than $80,000, you will no longer qualify for a check. That number had previously been $100,000. For couples. The number also decrease that you have to make below $150,000 to qualify at all. And this is a way to make these checks a little bit more if they're calling it targeted. Really a concession to moderate Democrats who said that these checks were not aimed enough that the people who need them the most and that, you know, higher income filers. We're still going to be getting them, but certainly You know it changes a bit a little bit, and that some of the people who will be now not getting checks would have gotten them under former President Trump. I think a lot of Americans still have the question, though, of okay, I don't. I don't care about the process where spying money. What's the Senate change going to do to the timeline of this thing? Yeah, exactly While this timeline is still trying to be set in order to get this bill said, done and passed and signed by President Biden by March 14th, So that is, of course, when those federal unemployment benefits Expiring. This bill does include an extension additional $400 per week to the unemployment insurance program through August. So that is something that millions of Americans are counting on. And it looks like the Senate is still on track for that. If they pass it in the next couple of days, it would still have to go back to the house to get past. And then it will go to president by instep that we're looking at another week. Here in the process is is the goal We've heard from what Chuck Schumer had to say about the efforts any comment today from Senate Minority Leader Mitch McConnell or President Biden, Plenty from both actually sent in my order leader Mitch McConnell is angry about this effort. He is expressing his frustrations with the price tag of the bill, which has been the main critique from Senate Republicans. All along, and they're using this kind of the words of President Biden a little bit against him and saying This is clearly not a bipartisan effort, But President Biden is standing strong, he says. This is a that's needed. We need to get this done, and he continues to say that. The risk is that we don't do enough for it to do too much, and he could say he's a he agrees with these kind of more targeted stimulus checks to that change, But otherwise, he says, you know, fighting says he's confident that he's gonna get past and Course this is his First big legislative priority. So a lot of riding on this for the White House here. Baby sees Elizabeth shows you with us on coma News, Elizabeth Thank you very much. And that's Como's Taylor van Sites. 3 20 our time your Coma Propel Insurance Money Update. Here's Jim Tesco. Hosko was out with quarterly earning, so look to be shy of what analysts had been projecting. Warehouse club operator posted a fiscal second quarter profit of $951 million. Costco's revenue of 44.77 billion was a smidge above forecasts. Stocks lost ground for a third straight session. With Tech shares again leading the decline. The down dusty rose dropped 346 points the S and P 500 years 51 in the tech heavy NASDAQ slid 274 or 2.1%. Amazon today opened an Amazon fresh grocery store in London..

Amazon Costco New Zealand Jeremy Greater Bill O'Neill $100,000 $400 Hawaii $15 London Elizabeth Chelsea $1400 March 8th 44.77 billion 274 $951 million Mitch McConnell $1.9 Trillion March 14th August
"taylor vance ice elizabeth" Discussed on KOMO

KOMO

05:30 min | 6 months ago

"taylor vance ice elizabeth" Discussed on KOMO

"Use time now. 3 36 president Biden defended his nearly $2 trillion covert relief package today after it received zero Republican votes in the Senate Democrats or Republicans, They're Americans. And their suffering. They're suffering, not because of anything they did through no fault of their own their suffering. Elizabeth shows he is covering it for ABC News and talked with Cuomo's Taylor Vance Ice. Elizabeth vice President Harris had to cast her first tie breaking vote in the Senate to move this thing forward. What happens now to the coronavirus relief package? The House is gone forward and approve this budget resolution that was amended and approved by the Senate last night. So both chambers have gone forward with this. Budget reconciliation process, which essentially would allow this nearly $2 trillion Covad relief plan to pass without any Republican votes. It requires just a simple majority in both chambers and Democrats, of course, have that majority. Now The plan is to hammer out the actual details of this plan and to get those down in writing. That's going to take a couple of weeks. And how's this thing? It hopes to have a final vote on a bill by the end of February? You're saying the ultimate deadline Here is the middle of March, when federal unemployment benefits are set to expire. So as I understand it from from a procedural aspect goes now to the committee's to hammer out. You know the individual aspects of this plan eyes they're still an anticipation or hope for Republicans to give some input is at least from what we're hearing from president by did, he says, This should still be a bipartisan effort, even though they have The votes to push it through with just Democrats, and it sounds like there are a couple of negotiating places that light gets some Republicans support, for example, the who exactly qualified for the $1400 stimulus checks. In this proposal, the current plan is vital, has indicated he's open to it going to a slightly smaller group of Americans with a lower income threshold in order to get the price tag down a bit. But ultimately there is a lot of, you know, pushing forward with the Democratic priorities here. The Democrats also have to make sure they have all of the members of their caucus on board. And that's what we saw last night with the problem about a proposal to include an increase in the minimum wage that actually was Amended, the passage said. Let's not do this during the pandemic. That's a nonbinding amendment meaning it We don't know if it'll be included in the final version. But there wasn't my position, and that's something that might end up being on the chopping block here. So when we started hearing D. C talking about this, this new coronavirus relief package back in January March seemed like a really far off. You know, kind of month for this tall be happening in Is there not, you know, hard deadline that we're working up against right now. Or our benefits still set to continue for a little while. Here. There really is March 14th the extension of the federal unemployment benefits that came in the last covert relief deal that was passed with the end of December. Those expire again and March 14th and you know we've seen these deals just extend extend, extend And the plan here would be there again extend for you know, through September is the current iteration. It could go longer and to continue funding that. But the reality is that buying and most of the Democrats are pointing to the jobs numbers today are pointing to the most recent data things that we're going to have to keep extending these programs. Labor market is in a bad place. And the risk really is that we don't do enough that we can't do too much right now. But they say maybe sees Elizabeth fills you with us on coma News, Elizabeth Thanks and have a good weekend. That's cool. Most Taylor van sized Microsoft is suspending donations to lawmakers who objected to the results of the 2020 presidential election. The company says it withhold political contributions through the 2022 election, according to an official Balog After hearing from about 300 employees, some who donate to its political action committee. Microsoft says it's also creating a new democracy forward initiative. To promote public transparency, campaign finance reform and voting rights. Last month, Microsoft temporarily paused donations following the riot at the U. S Capitol are come on news time now. 3 40 we visit the Beacon Plumbing Sports desk combos. Bill Swartz has a sure sign spring. Is just around the corner. There they go. Rick Seattle Mariner equipment trucks on their way to Peoria for under two weeks. Camp scheduled to start with Cactus League ball games eventually, February 27th. Manager Scott Service Your hopes when Cove in 19 cases declined. More fans can come back to the ballparks. That was the biggest thing last year. You got to start the game. It's dead Quiet. Just a cardboard cut outs just 25,000 football fans allowed to attend Sunday. Super Bowl 55 Raymond James Stadium, the Tampa Bay Buccaneers, the first team to host in their own building there 3.5 point underdogs against defending champ Kansas City Chiefs and former Seahawks defensive end Frank Clark with unfinished business. I'm grateful, you know to be here to still be playing football. Yes, I am. But before it's happy, I'm not happy until the job is done. College football's Battle of Pierce County Tomorrow. University of Puget Sound host Pacific Lutheran and the first of four spring football games. Charlie's Ledger Walker scored 28 leading Washington state's women, They're huge. PAC 12 basketball upset of her fifth rank. U C L A. 67 63 Pullman. Tonight. Washington Host USC Sports A 10 and 40. After the hour, Bill Schwartz Come on in. Thank you, Bill coming up traffic and weather and we remember a classic actor who we lost Christopher Plummer next Little flexibility can go a long way.

Elizabeth vice President Harri Senate president Democrats Microsoft football ABC News Covad Bill Schwartz Bill Swartz Bill Cuomo Biden Pullman Washington Christopher Plummer University of Puget Sound USC
"taylor vance ice elizabeth" Discussed on KOMO

KOMO

04:17 min | 6 months ago

"taylor vance ice elizabeth" Discussed on KOMO

"Downtown Seattle it Comeau News. It appears President Biden's nominee for education secretary is headed for confirmation. Dr. McGill Cardona is a career educator and the current commissioner of the Connecticut Education Department. Out of confirmation hearing today, Chairwoman Patty Murray of Washington State voiced her support. We need a secretary who will work with students, parents and caregivers, educators and school administrators, state local and tribal officials and public health officials to help our school safely re opened for in person Learning ranking Republican Richard Burr also expressed his support for Cardona. Saying he was pleased the president nominated him. Jeff Pooja look come on use and today President Biden remaining hopeful that there will be bipartisan support for his coronavirus stimulus plan, despite the vast budgeting differences between Republicans and Democrats. Elizabeth Sheltie, covering it for ABC News and talked with Cuomo's Taylor Vance Ice Elizabeth. As far as I could tell, the president still wants $1.9 trillion for his plans. Senate Republicans want a third of that. What is the president willing to do to compromise? Well, Kelly? That's really the question here, President Biden says there is going to be a bipartisan deal here. He says he's confident Republicans will come around and support his $1.9 trillion plan. And that's despite the fact that Republicans at least those he's met with. I've been pushing a much smaller deal worth about $618 billion, But fighting is saying that there is enough support for the general aid that is needed in this, like the vaccine distribution the money for small businesses, he says. That's going to get Republicans on board. The other thing that he not wavered but is potentially looking to move on. Here is the stimulus checks. So Biden is insisting that the stimulus checks be $1400. He says he won't change the dollar amount and that's per person. He did indicate he'd be willing to get those checks to a smaller group of Americans than in his original proposal, so that could be one place where there is a little bit of room to negotiate. Now, at the end of the day. Democrats don't need Republican votes. They say they want them on board. Republicans signaling much today about what they could come for my son. Well, that's the reality. We heard more of a tone of resignation from Senate Minority Leader Mitch McConnell about the fact that Democrats are moving forward with this process, too passive stimulus proposal with a simple majority, meaning they wouldn't eat any Republicans on board. They are still emphasizing that they want to make a deal. We're hearing from leadership on both House in the Senate that there is a desire to pass something bipartisan. Elevated finger pointing at you know the current leadership in some of it is saying, we understand that there is a need for some of these provisions like vaccine distribution of money for small businesses. So the question really is it There will be any sort of in between reached as they move this through this budget reconciliation process if they would waver on current proposal, and it is really important to note that some moderate Democrats Are also expressing reservations about some of what's in President Biden plan, notably Joe Mansion senator from West Virginia is opposing the increase of the federal minimum wage to $15 an hour so they would need to have all Democrats on board. If he's not on board with the full plan that could pose issues for getting this room, they would need those Republican votes. From a strategic standpoint, this early in the administration is when a president Could make concessions or take risks. You know, you have four years to when your voters back if you want reelection, but from what the president said today, kind of sounds like he's holding firm to his campaign promises he does. He really is sticking by the promises he made on the trail like the $2000 stimulus checks, like the money for state and local governments, and he's holding the line on this note this idea that Really The risk is that there isn't too much stimulus but too little and really that this is what's needed that he has the support of a broad range of economists and his Treasury secretary, Janet Yellen is pushing this too. It doesn't look that bite of wants to really negotiate on the fact that a big proposal is needed and after bite and met with Senate Democrats today, the line that came out from that meeting was there is a need for a big, bold plan that they're going to do whatever they can to get that plan through. NBC's Elizabeth fills you with us on Come on news from Washington, D. C. Elizabeth. Thank you.

President Biden Dr. McGill Cardona president Senate secretary Chairwoman Patty Murray Kelly Washington State Seattle Elizabeth Sheltie Comeau News ABC News D. C. Elizabeth Richard Burr Jeff Pooja Connecticut Education Departme
"taylor vance ice elizabeth" Discussed on KOMO

KOMO

04:37 min | 6 months ago

"taylor vance ice elizabeth" Discussed on KOMO

"Snow by the end of this week, and the common Weather Center and meteorologist Kristen Clarke, Bellevue temperature 46. He in Seattle and Tacoma, 48 degrees Everett, now 46 near in the middle of 20 Minutes of nonstop news on Comb. Oh, it appears President Biden's nominee for education secretary. Is headed for confirmation. Dr. McGill Cardona is a career educator and the current commissioner of the Connecticut Education Department. At a confirmation hearing today, Chairwoman Patty Murray of Washington State voiced her support. We need a secretary who will work with students, parents and caregivers, educators and school administrators state Local and tribal officials and public health officials to help our school safely re opened for in person Learning ranking Republican Richard Burr also expressed his support for Cardona, saying he was pleased the president nominated him. Jeff Pooja look come on news President Biden remains hopeful that there will be bipartisan support for his coronavirus stimulus plan, despite the vast budgeting differences between Republicans and Democrats. Elizabeth Schultz. He's covering it for ABC News and tight with Cuomo's Taylor Vance Ice Elizabeth. As far as I could tell, the president still wants $1.9 trillion for his plan. Senate Republicans want a third of that. What is the president willing to do to compromise? Okay, That's really the question here, President Biden says there is going to be a bipartisan deal here. He said he was confident Republicans will come around and support his $1.9 trillion plan. And that's despite the fact that Republicans at least those he's met with have been pushing a much smaller deal worth about $618 billion. Inviting is saying that there is enough support for the general aid that is needed in this, like the vaccine distribution the money for small businesses, he says. That's going to get Republicans on board. The other thing that he never wavered but is potentially looking to move on. Here is the stimulus checks. So Biden is insisting that the stimulus checks be $1400. He says he won't change the dollar amount and that per person. He did indicate he'd be willing to get those checks to a smaller group of Americans than in his original proposal, so that could be one place where there is a little bit of room to negotiate. Now, at the end of the day. Democrats don't need Republican votes. They say they want them on board. Republican signaling much today about what they could compromise on. Well, that's the reality. We heard more of its own of resignation from Senate Minority Leader Mitch McConnell about the fact that Democrats are moving forward with this process, too passive stimulus proposal with a simple majority, meaning they wouldn't eat any Republicans on board. They are still emphasizing that they want to make a deal. We're hearing from leadership on both House in the Senate that there is a desire to pass something bipartisan. Elevated finger pointing at you know the current leadership, and some of it is saying, we understand that there is a need for some of these provisions like vaccine distribution of money for small businesses. So the question really is it There will be any sort of in between reached as they move this through this budget reconciliation process if they would waver on current proposal, and it is really important to note that some moderate Democrats Are also expressing reservations about some of what's in President Biden plan, notably Joe Mansion Senator from West Virginia is opposing this increase of the federal minimum wage to $15 an hour so they would need to have all Democrats on board. If he's not on board with the full plan that could pose issues for getting us through, and they would need those Republican votes. From a strategic standpoint, this early in an administration is when a president Could make concessions or take risks. You know, you have four years to when your voters back if you want reelection, but from what the president said today, kind of sounds like he's holding firm to his campaign promises he does. He really is sticking by the promises he made on the trail like the $2000 stimulus checks, like the money for state and local governments, and he's holding the line on this note this idea that Really The risk is that there isn't too much stimulus but too little and really that this is what's needed that he has the support of a broad range of economists and his Treasury secretary, Jenny Yellen is pushing this too. It doesn't look that bite of wants to really negotiate on the fact that a big proposal is needed and after bite and met with Senate Democrats today, the line that came out from that meeting was there is a need for a big, bold plan that they're going to do whatever they can to get that plan through NBC's Elizabeth Chelsea with us on Come on news from Washington, D. C. Elizabeth, thank you very much. That's cool. Most Taylor van sides with the interview it is 3 40. Time to connect with Bill Swartz of the Beacon Plumbing Sports desk. It's national Women and Girls. Sports Day today Sue Bird begging.

President Biden Dr. McGill Cardona president Senate secretary Chairwoman Patty Murray Elizabeth Schultz Bellevue Seattle common Weather Center Kristen Clarke Washington State ABC News Sue Bird Everett Tacoma Beacon Plumbing Sports desk
"taylor vance ice elizabeth" Discussed on KOMO

KOMO

02:46 min | 6 months ago

"taylor vance ice elizabeth" Discussed on KOMO

"Comeau news time. 5 36 Washington's congressional Republicans want Suzy Levine, Ramon Moved from consideration for Biden administration Post. Levine, a former ambassador and former head of the State Employment Security Department, has reportedly been named to an interim job. But the federal Department of Labor But Washington Republicans, including state representative Drew Stoke's Berry say she has no business working. This is a divisive resigned, which didn't resign. The governor should have fired her and Joe Biden shouldn't give her promotions that simple. They point to the loss of $600 million in unemployment benefits to a Nigerian scam that happened under Levine's watch. A spokesman for Patty Murray says the senator looks forward to working with whomever the president nominates for that position. Jeff Pooja will come on news. Both Republicans and Democrats want to pass another Coburg 19 stimulus package, but they disagree on some core ideas, including the final price tag. Elizabeth Chelsea has been watching this back and forth for ABC News. She spoke with Cuomo's Taylor Vance ice. Elizabeth. We talked yesterday about the difference in size of the stimulus packages. Dames want 1.9 Trillion Republicans want about a third of that did either side give up any ground today? Well, it doesn't look like either side is giving up ground, but it that Democrats are prepared to move forward with their $1.9 trillion plan here. We've just had a vote in the Senate to move forward with this process of budget reconciliation. Which eventually would allow this trillion dollar toot almost $2 trillion proposal to pass with a simple majority in the Senate, so wouldn't need any Republican votes to pass. And this came after President Biden held a meeting with top Democrats today and the Treasury secretary and reiterated his belief that this is the size of a deal that's needed and said that we need to get going on this right away. So it looks as though this Process is moving forward in Congress. Even if Republicans aren't on board and this I would assume to be somewhat of a disappointment to the president right here. He'd hoped for bipartisan support, no doubt about it. And interestingly, we heard from Senate Minority Leader Mitch McConnell, who said that his read of the meeting between those Republicans and President Biden last night is that President Biden was very interested in reaching a bipartisan compromise. That some of the staff in the White House and that's the set the leadership meeting. Chuck Schumer, who's the Senate majority leader, isn't interested in that We're getting a little bit of finger pointing happening there. But no biting is continuing to say that this can be a bipartisan approach. You know, there's no reason he says that Republicans couldn't vote for his nearly $2 trillion plan. That looks unlikely to happen at this point, just from a rhetoric point of view after yesterday's meeting that was led by Senator Collins for the Republicans at the White House. What is the reaction seemed to be a Zafar as you know, future bipartisan efforts, even if this is maybe too urgent too soon and much needed money, even if this.

President Biden Suzy Levine Senate president Elizabeth Chelsea Washington Chuck Schumer Comeau State Employment Security Depa White House Patty Murray Senator Collins Jeff Pooja ABC News senator Zafar Congress Department of Labor
"taylor vance ice elizabeth" Discussed on KOMO

KOMO

05:20 min | 6 months ago

"taylor vance ice elizabeth" Discussed on KOMO

"Cities all across the Northeast. Chester, New Jersey, was the first to report 2 FT of snow Today. The Washington state auditor's Office says a data breach might have exposed the personal information of 1.6 million residents who filed for unemployment last year, as well as other information from state agencies and local governments. That breach involved third party software used by the auditor's office to transmit files. President Biden meeting with a group of Republican lawmakers today that just wrapped up led by Senator Susan Collins to discuss New covert 19 relief package more in depth now from Elizabeth Schultz. He was covering it for ABC News and talked with Cuomo's Taylor Vance Ice Elizabeth. We know President Biden is in favor of a $1.9 trillion package. What is Senator Collins and her team pushing for well, they are wanting a much smaller packages. The reality here they're pushing for a deal worth $618 billion persons at $1.9, Trillion put forward by President Biden. It includes some of the same provisions like Monday like money for vaccine distribution, small businesses childcare in schools, and it also includes another round of stimulus checks. The Republican proposal includes stimulus checks for $1000. Or individuals. But it's a much smaller group of Americans that we've seen in the past and in President Biden's proposal, these would only go to people making up to $50,000 a year. The Republicans are calling it a much more targeted approach. Given how much economic stimulus has already been passed, they say, We just do not need to pass this trillion dollar amounts. Okay, Any word at this point, though, if the president's team or the president himself is willing to bite on any of that, not at all. We're hearing from the White House, in fact that this is a meeting to exchange ideas. Not to reach some sort of grand bargain. The White House has said time and time again that the risk is that not enough ages past versus too much, so they seem to really be standing by this nearly $2 trillion amount. Now. The question is if they're going to move forward in Congress, with a plan that could essentially passed by this proposed proposal without any Republican votes. So far, the House and the Senate have taken the first step to do that, in a process called budget reconciliation that would essentially allow this Broader package to pass to the simple majority in both the House and the Senate that we wouldn't need a bipartisan deal to be reached at the end of the day. So that's something that President Biden was really pushing for. On the campaign trail is this idea of bipartisanship. Now, As this meeting began between Republicans and the president, there was some news that broke from the Congressional Budget Office right about how the U. S economy. Is expected to recover. There is no notably today that Congressional Budget Office upgraded its forecast for the economy and now expects GDP growth to reach its pre pandemic level. By the middle of this year, so this complicates the negotiations a little bit, and that the forecast seems a little bit rosier than had previously been thought. At the same time, the CBO says it's going to take years for the jobs market to fully recover with millions of Americans. Well unemployed and the White House response to this was essentially that even if the broader economy looks like it's going to come back, there's still so many people who need aid to pay their rent. You cannot get through the day to day and there is no question that we need more money to get these vaccines after people so they're still standing by their kind of push for more stimulus, And they say that really they're just cannot be enough. Aid right now, even if the outlook is looking a little bit better here and just for my own clarification that this CBO congressional budget office estimation that's assuming that there wasn't another sort of relief package passed, right. That's correct. That's based on the current outlook, just as it is, and I will know that there have been other afternoons out there that say that if the current package passed by Biden go through, that would significantly boost to growth even by a lot more. Alright. The ABC is Elizabeth shows you with us on Come on news from Washington. Elizabeth. Thank you. And that's come was Taylor van size? Senator Collins says she and a Republican colleagues had an excellent meeting on that relief bill from with President Biden. Today, the two sides met at the White House and say they will be getting back together again later this week. Come on news time. 5 20. Now Francesca with your coma, propel insurance money, updates rod and sharp games to begin the New week on Wall Street. Tech shares led the advance with the NASDAQ composite Rally in 332 points where 2.5% the S and P 500 gained 59 points and the down dusty ALS recouped 230. Amazon, which reports quarterly results. After tomorrow's closing Bell jumped four and a quarter percent today. The Corona virus pandemic has given Amazons grocery business a huge boost so much so that it has earned the top spot in an annual ranking of grocery retailers buy done Humvee, which ranks grocers based on how well positioned they are for long term growth. Amazon was third and last year's rankings. Costco comes in at number eight this year. It's a blow to Microsoft. But a big deal for Google. The search giant, a unit of Alphabet reached a six year agreement with Ford Motor to bring Android technology to the automakers. Vehicles. That's your money now I'm Jim Chess Co. Co Moh news. Money News on coma were 20 and 50 passed every hour traffic and weather coming up. And then the debate continues on when Major League Baseball will be starting again. We'll hear from Bill Swartz next Information is power. Everything you need to know. Before you get to work. The coma Morning News with Greg, her shoulder and manufacturer on Co Moh news, 1000 FM, 97 7 and Comeau News.

President Biden president Congressional Budget Office Senator Susan Collins Elizabeth Schultz White House coma ABC News Amazon auditor Chester Northeast New Jersey Senate Washington Cuomo Baseball Moh
Biden meets with Republicans on COVID-19 relief

Afternoon News with Tom Glasgow and Elisa Jaffe

03:19 min | 6 months ago

Biden meets with Republicans on COVID-19 relief

"Republican lawmakers today that just wrapped up led by Senator Susan Collins to discuss New covert 19 relief package more in depth now from Elizabeth Schultz. He was covering it for ABC News and talked with Cuomo's Taylor Vance Ice Elizabeth. We know President Biden is in favor of a $1.9 trillion package. What is Senator Collins and her team pushing for well, they are wanting a much smaller packages. The reality here they're pushing for a deal worth $618 billion persons at $1.9, Trillion put forward by President Biden. It includes some of the same provisions like Monday like money for vaccine distribution, small businesses childcare in schools, and it also includes another round of stimulus checks. The Republican proposal includes stimulus checks for $1000. Or individuals. But it's a much smaller group of Americans that we've seen in the past and in President Biden's proposal, these would only go to people making up to $50,000 a year. The Republicans are calling it a much more targeted approach. Given how much economic stimulus has already been passed, they say, We just do not need to pass this trillion dollar amounts. Okay, Any word at this point, though, if the president's team or the president himself is willing to bite on any of that, not at all. We're hearing from the White House, in fact that this is a meeting to exchange ideas. Not to reach some sort of grand bargain. The White House has said time and time again that the risk is that not enough ages past versus too much, so they seem to really be standing by this nearly $2 trillion amount. Now. The question is if they're going to move forward in Congress, with a plan that could essentially passed by this proposed proposal without any Republican votes. So far, the House and the Senate have taken the first step to do that, in a process called budget reconciliation that would essentially allow this Broader package to pass to the simple majority in both the House and the Senate that we wouldn't need a bipartisan deal to be reached at the end of the day. So that's something that President Biden was really pushing for. On the campaign trail is this idea of bipartisanship. Now, As this meeting began between Republicans and the president, there was some news that broke from the Congressional Budget Office right about how the U. S economy. Is expected to recover. There is no notably today that Congressional Budget Office upgraded its forecast for the economy and now expects GDP growth to reach its pre pandemic level. By the middle of this year, so this complicates the negotiations a little bit, and that the forecast seems a little bit rosier than had previously been thought. At the same time, the CBO says it's going to take years for the jobs market to fully recover with millions of Americans. Well unemployed and the White House response to this was essentially that even if the broader economy looks like it's going to come back, there's still so many people who need aid to pay their rent. You cannot get through the day to day and there is no question that we need more money to get these vaccines after people so they're still standing by their kind of push for more stimulus, And they say that really they're just cannot be enough. Aid right now, even if the outlook is looking a little bit better here and just for my own clarification that this CBO congressional budget office estimation that's assuming that there wasn't another sort of relief package passed, right. That's correct. That's based on the current outlook, just as it is, and I will know that there have been other afternoons out there that say that if the current package passed by Biden go through, that would significantly boost to growth even by a lot more. Alright. The ABC is Elizabeth shows

President Biden Senator Susan Collins Elizabeth Schultz Taylor Vance Ice Elizabeth Senator Collins Cuomo White House Abc News Congressional Budget Office Senate House CBO Congress U.