About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “LIVE: House Debates 2021 Budget After Senate Passes Resolution for Biden’s Covid Stimulus” – below is their description.
(Feb. 5) Watch live as the U.S. House of Representatives debates and votes on a concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2021, a move that will enable House and Senate committees to start detailed work on Biden’s $1.9 trillion stimulus proposal.
The Senate approved the resolution early Friday after nearly 15 hours of wading through amendments from both parties. Slight changes to the version the House passed on Wednesday mean the House will need to vote again.
Two non-binding Senate amendments that did pass — calling for a bar on stimulus checks going to “upper income” Americans, and for holding off on a minimum-wage hike in the near term while the economy is battling the pandemic — suggest the potential for components of Biden’s plan to be altered by Congress.
Before adoption, Senate Democrats removed three amendments — related to barring stimulus checks to illegal immigrants, the Keystone XL pipeline and fracking — that could have caused the budget to lose votes it needs in the House. A remaining amendment supporting the U.S. embassy in Jerusalem could cause some defections from progressives.
Pelosi can only lose four votes and still have enough to pass the measure if all members vote. Two deficit hawks, Jared Golden of Maine and Ed Case of Hawaii, voted no on the budget earlier this week.
House and Senate committees would have until Feb. 16 to write the stimulus legislation under the instructions in the budget.Bloomberg Quicktake: Now YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
In This Story: COVID-19
Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.
Symptoms of coronavirus
The main symptoms of coronavirus are:
- a persistent new cough (non productive, dry)
- a high temperature (e.g. head feels warm to the touch)
- shortness of breath (if this is abnormal for the individual, or increased)
Latest News about Covid-19
Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.
5 Recent Items: COVID-19
In This Story: Democrats
“Democrats” usually refers to the The Democratic Party of the United States – one of the two major political parties in the country, along with its main, historic rival, the Republican Party.
It was founded on 8th January 1828 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Nancy Pelosi (Party leader) and Jaime Harrison (Party chair).