Pat Toomey
States question whether new federal stimulus law rules out tax cuts
WASHINGTON — President Joe Biden’s massive pandemic stimulus law pumps a welcome infusion of federal aid into state and local government coffers — but one brief section is raising questions about whether states are barred from cutting their own taxes if they accept the federal help. The Senate added language to the COVID-19 relief package prohibiting […]
Senate Banking advances Fudge nomination to lead HUD
WASHINGTON — The Senate Banking Committee on Thursday advanced to the full Senate the nomination of U.S. Rep. Marcia Fudge of Ohio as secretary of the Department of Housing and Urban Development. The committee’s chair, Sen. Sherrod Brown, an Ohio Democrat, said he’s confident that Fudge will work to address the housing crisis and prevent […]
Congress seals the deal on emergency relief after dispute over Fed lending settled
WASHINGTON — A deal on a coronavirus relief package finally emerged on Sunday night, after members of Congress resolved a days-long impasse over a provision sought by U.S. Sen. Pat Toomey of Pennsylvania to ensure that several temporary Federal Reserve lending programs will end this year. Working through that disagreement over the Fed was a key final […]
Pandemic spurs U.S. Senate to pass historic aid package
WASHINGTON — The U.S. Senate late Wednesday night approved a $2 trillion spending bill that aims to provide economic relief for workers and businesses and to aid hospitals and states reeling from the COVID-19 pandemic. The chamber voted 96-0 to pass the bill in an unusual display of bipartisanship. Sen. Rand Paul of Kentucky, who tested […]