Top U.S. Officials Consulted With BlackRock as Markets Melted Down
While some conversations were previously disclosed, the newly released emails, together with public calendar records, show the extent to which economic policymakers worked with a private company as they were drawing up a response to the financial meltdown and how intertwined BlackRock has become with the federal government.
Biden to unveil emergency coronavirus plan, with major focus on vaccines
The legislation passed in December included $600 payments to individuals. Biden’s proposal is expected to call for an additional $1,400 — bringing the total to $2,000, which is a figure widely backed by congressional Democrats as well as a number of Republicans, including Trump.
Tax break for corporate meal expenses inserted into coronavirus aid package
Since the 1980s, businesses have only been able to deduct 50 percent of their meal expenses off their federal taxes. A proposal championed by the White House and Sen. Tim Scott (R-S.C.) would increase that deduction to 100 percent allowing companies to deduct the full cost of a business meal off their federal taxes.
Ms. Cat’s Chronicles 