Day: March 16, 2020

(UPDATED) Arizona Democratic Congressional Candidates React to The House Passage of a Bill to help People withstand the Coronavirus

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On Friday evening, the House of Representatives, on a 363 to 40 vote passed H.R. 6201: the Families First Coronavirus Response Act to help American Families financially withstand the Coronavirus. This measure includes funding for: Free Coronavirus testing. Emergency Paid Sick Days. Emergency Paid Leave Days. Expanded Unemployment Insurance. Expanded Food Stamp Assistance News organizations … Read more

Fed moves fail to reassure panic in the financial markets

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In an emergency move on Sunday, the Federal Reserve announced it is dropping its benchmark interest rate to zero and launching a new round of quantitative easing. Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program: The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity … Read more