Government aid for industry

FILE - In this Feb. 3, 2020, file photo, Sen. Pat Toomey, R-Pa., walks at the Capitol in Washington. The nation's fiercest fiscal conservatives are largely embracing the massive economic rescue package moving through Congress. In many cases, those conservatives who support the $2 trillion coronavirus spending bill are the very same who raged against the $800 billion economic stimulus package backed by the Obama administration after the 2008 financial crisis. (AP Photo/J. Scott Applewhite, File)
March 28, 2020 - 1:44 pm
NEW YORK (AP) — Republicans who have spent the past decade howling about the danger of ballooning deficits embraced the coronavirus rescue package approved by Congress and signed by President Donald Trump, shrugging off past concerns about spending in the face of a public health crisis. In many...
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President Donald Trump speaks before he signs the coronavirus stimulus relief package in the Oval Office at the White House, Friday, March 27, 2020, in Washington. Listening are from left, Larry Kudlow, White House chief economic adviser, Treasury Secretary Steven Mnuchin, Senate Majority Leader Mitch McConnell, R-Ky., and House Minority Leader Kevin McCarty of Calif. (AP Photo/Evan Vucci)
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March 28, 2020 - 12:09 am
WASHINGTON (AP) — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavirus...
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House Speaker Nancy Pelosi of Calif., accompanied by House Minority Leader Kevin McCarthy of Calif., left, House Majority Leader Steny Hoyer of Md., right, and other bipartisan legislators, signs the Coronavirus Aid, Relief, and Economic Security (CARES) Act after it passed in the House on Capitol Hill, Friday, March 27, 2020, in Washington. The $2.2 trillion package will head to head to President Donald Trump for his signature. (AP Photo/Andrew Harnik)
WBEN Newsroom
March 27, 2020 - 11:49 pm
WASHINGTON (AP) — President Donald Trump declared that "I'll be the oversight" as lawmakers were in the final days of drafting what became a $2.2 trillion rescue plan for American businesses. In the end, Congress ensured that won’t be the case. The legislation, designed in part to help businesses...
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FILE - In this Wednesday, March 25, 2020 file photo, American Airlines jets sit idly at their gates as a jet arrives at Sky Harbor International Airport in Phoenix. The Trump administration is raising the possibility of the U.S. government getting ownership stakes in U.S. airlines in exchange for $25 billion in direct grants to help the carriers survive a downturn caused by the coronavirus pandemic, according to people familiar with the matter, Thursday, March 26, 2020. (AP Photo/Matt York, File)
March 27, 2020 - 8:55 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus. ____ UNDER REVIEW: This week, the U.S. reported that a staggering 3.3 million Americans...
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March 27, 2020 - 4:04 pm
TORONTO (AP) — Canada is increasing a payroll subsidy to small- and medium-sized businesses to now cover up to 75 percent of salaries as the country braced for a shutdown that a top health official said will last months. Canada's Deputy Chief Public Health Officer, Dr. Howard Njoo, said they are in...
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House Speaker Nancy Pelosi of Calif. arrives to read a statement outside her office on Capitol Hill, Monday, March 23, 2020, in Washington. (AP Photo/Andrew Harnik, Pool)
March 26, 2020 - 9:35 pm
WASHINGTON (AP) — With rare bipartisanship and speed, Washington is about to deliver massive, unprecedented legislation to speed help to individuals and businesses as the coronavirus pandemic takes a devastating toll on the U.S. economy and health care system. The House is set to pass the sprawling...
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FILE - In this Wednesday, March 25, 2020 file photo, American Airlines jets sit idly at their gates as a jet arrives at Sky Harbor International Airport in Phoenix. The Trump administration is raising the possibility of the U.S. government getting ownership stakes in U.S. airlines in exchange for $25 billion in direct grants to help the carriers survive a downturn caused by the coronavirus pandemic, according to people familiar with the matter, Thursday, March 26, 2020. (AP Photo/Matt York, File)
March 26, 2020 - 6:51 pm
The Trump administration is raising the possibility of the government getting ownership stakes in U.S. airlines in exchange for $25 billion in direct grants to help the carriers survive a downturn caused by the coronavirus pandemic, according to people familiar with the matter. Details were unclear...
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The Capitol is framed through a window in the Russell Senate Office Building as lawmakers negotiate on the emergency coronavirus response legislation, at the Capitol in Washington, Wednesday, March 18, 2020. (AP Photo/J. Scott Applewhite)
March 26, 2020 - 5:27 pm
WASHINGTON (AP) — Congress is poised to approve an unprecedented $2.2 trillion economic rescue package that will provide one-time checks for most Americans and significant enhancements to unemployment benefits. Both will provide much-needed help to those recently laid-off and to financially...
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In this Saturday, March 21, 2020 photo, a food delivery scooter passes Barbar Restaurant that now offers food for delivery only, after most of the shops and restaurants closed as part of the preventive measures against the coronavirus, in Beirut, Lebanon. Through 15 years of civil war and various bouts of violence since, Lebanon's Barbar eatery never closed its doors, forging ahead through difficult times while continuously serving up sandwiches to customers -- even if it meant doing so from behind sandbags during the conflict. (AP Photo/Bilal Hussein)
March 26, 2020 - 2:05 am
BEIRUT (AP) — Through 15 years of civil war and various bouts of violence since, Lebanon's Barbar eatery never closed its doors, serving up sandwiches to customers even if it meant doing so from behind sandbags. The coronavirus pandemic, however, has managed to do what various wars could not: Close...
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In this image from video provided by the Biden for President campaign, Democratic presidential candidate former Vice President Joe Biden speaks during a virtual press briefing Wednesday, March 25, 2020. (Biden for President via AP)
March 25, 2020 - 11:27 pm
WASHINGTON (AP) — Democratic presidential candidate Joe Biden said Wednesday that the congressional aid package addressing the coronavirus outbreak “goes a long way,” but he said it requires “meticulous oversight” and isn't all-encompassing. “We’re going to need to make sure the money gets out...
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