• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Millions of Americans lose jobless benefits as Trump refuses to sign aid bill

5 years ago
in Business, Economy, highlights, Home, home-news, latest News
1 min read
0 0
0
51
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Millions of Americans saw their jobless benefits expire on Saturday after U.S. President Donald Trump refused to sign into law a $2.3 trillion pandemic aid and spending package, protesting that it did not do enough to help everyday people.

Trump stunned Republicans and Democrats alike when he said this week he was unhappy with the massive bill, which provides $892 billion in badly needed coronavirus relief, including extending special unemployment benefits expiring on Dec. 26, and $1.4 trillion for normal government spending.

Without Trump’s signature, about 14 million people could lose those extra benefits, according to Labor Department data. A partial government shutdown will begin on Tuesday unless Congress can agree a stop-gap government funding bill before then.

After months of wrangling, Republicans and Democrats agreed to the package last weekend, with the support of the White House. Trump, who hands over power to Democratic President-elect Joe Biden on Jan. 20, did not object to terms of the deal before Congress voted it through on Monday night.

But since then he has complained that the bill gives too much money to special interests, cultural projects and foreign aid, while its one-time $600 stimulus checks to millions of struggling Americans were too small. He has demanded that be raised to $2,000.

“Why would politicians not want to give people $2,000, rather than only $600?…Give our people the money!” the billionaire president tweeted on Christmas Day, much of which he spent golfing at his Mar-a-Lago resort in Palm Beach, Florida.

Many economists agree the bill’s aid is too low but say the immediate support is still welcome and necessary.

RelatedPosts

President Mahama Rules Out Quick Return to International Capital Market, Prioritises Fiscal Discipline

President Mahama Reaffirms Commitment to Forest Protection, Says No Mining Licenses Issued Since Assuming Office

Bank of Ghana to Relocate Banking Department to New Head Office 

A source familiar with the situation said Trump’s objection to the bill caught many White House officials by surprise. While the outgoing president’s strategy for the bill remains unclear, he has not vetoed it and could still sign it in coming days.

On Saturday, he was scheduled to remain in Mar-a-Lago, where the bill has been sent and awaits his decision. Biden, whose Nov. 3 electoral victory Trump refuses to acknowledge, is spending the holiday in his home state of Delaware and had no public events scheduled for Saturday.

Source: reuters
Via: norvanreports
Tags: Covid-19 aid billjobless benefitsPresident Donald TrumpUS Congress
No Result
View All Result

Highlights

Black Stars Must Improve Ahead of Critical World Cup Qualifiers, Says Sports Minister 

Stolen citizenship: How a fugitive exploited Ghana’s passport and duped businesses

MPC to Stay Dovish with Another 300bps Rate Cut in September

Kofi Adams: The State of Sports Infrastructure in Ghana Is Not Good

Office Politics: Play Smart or Get Played

IMF Urges Guatemala to Push Reforms as Economy Shows Resilience

Trending

Business

President Mahama Rules Out Quick Return to International Capital Market, Prioritises Fiscal Discipline

September 10, 2025

President Mahama Rules Out Quick Return to International Capital Market, Prioritises Fiscal Discipline President John Dramani Mahama...

President Mahama Reaffirms Commitment to Forest Protection, Says No Mining Licenses Issued Since Assuming Office

September 10, 2025
Bank of Ghana

Bank of Ghana to Relocate Banking Department to New Head Office 

September 10, 2025

Black Stars Must Improve Ahead of Critical World Cup Qualifiers, Says Sports Minister 

September 10, 2025

Stolen citizenship: How a fugitive exploited Ghana’s passport and duped businesses

September 10, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.