U.S. expected to report record-breaking economic plunge
A huge plunge in consumer spending as people stayed home in the April-June quarter likely sent the economy into a tailspin at a roughly 32% annual rate
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Holcomb says he’s willing to add more money to rental assistance program
The state’s program, which launched July 13, has already received more than 20,000 applications, but the funds are expected to be enough to cover only about 12,000 households.
UPDATE: Holcomb extends Stage 4.5 of Indiana’s recovery plan through Aug. 27
In addition, the governor said he was extending the state’s landlord moratorium on evictions though Aug. 14.
Housing advocates push for more CARES Act funding for rental assistance
Indiana Gov. Eric Holcomb’s administration set aside $300 million in federal CARES Act funding for local units of government to use for pandemic-related expenses, but so far, rental assistance programs are not among the reimbursable items.
Senate Republicans, White House seek to reduce extra unemployment benefit
Senate Republicans want to reduce the $600 extra payment to $200 until states can implement a new approach that would pay the unemployed 70% of the income they collected before they lost their jobs.
White House: Congress might need to rush narrow relief bill to avoid unemployment aid lapse
Enhanced unemployment benefits are expiring at the end of this week for millions of Americans.
Treasury secretary: Virus aid package soon, $1,200 checks by August
Treasury Secretary Steven Mnuchin said extending an expiring unemployment benefit—but reducing it substantially—was a top priority.
Unemployment system issues complicate negotiations over $1T stimulus
With days to go before enhanced jobless benefits expire, the White House and Senate Republicans are struggling to design a way to scale back the program without overwhelming state unemployment agencies and imperiling aid to more than 20 million Americans.
Amid national rise, Indiana reports big decrease in initial jobless claims
The number of laid-off Americans seeking unemployment benefits rose last week for the first time since the pandemic struck in March, but Indiana saw a major decline in claims.
Poll: Pandemic hurting Americans’ finances in disparate ways
For some, the virus has meant lost income or struggles to pay bills on time. Others have transitioned to working from home or have experienced the nation’s economic decline through a dip in the value of their investments.
Next federal virus aid package could easily swell past $1 trillion
With the pandemic showing no signs of easing, officials acknowledge the daunting challenge of trying to contain the coronavirus and prevent further economic distress.
New pandemic rental assistance programs see huge demand
Two rental assistance programs launched to help state and local residents during the pandemic are already nearing their capacity, just three days after applications opened.
White House signals openness to unemployment compromise as deadline looms
Senior Trump administration officials have begun signaling their willingness to approve a narrow extension of the enhanced unemployment benefits helping tens of millions of jobless Americans hurt by the coronavirus pandemic.
Deborah Daniels: Equity debate must be about more than policing
No one should speak of “giving” Blacks a seat at the table; that itself is offensive.
Marshawn Wolley: Here’s why candidates for governor need a Black agenda
State officials are just as responsible as local government for the development of systemic racism in Indianapolis over time.
Republicans considering $1 trillion more in federal pandemic aid
With Congress bracing for the next coronavirus aid package, Senate Majority Leader Mitch McConnell is outlining Republican priorities as earlier programs designed to ease Americans through the pandemic and economic fallout begin to expire.
Karen Bravo: Here are two ways we are addressing systemic racism
As a lawyer and law professor, I believe I can contribute by using both my legal skills and my public role as incoming dean of the Indiana University Robert H. McKinney School of Law.
Housing instability could upend state’s economy
Housing advocates are warning of a tidal wave of evictions in the state this summer unless an effort is coordinated to head it off.
Holcomb announces $25M pandemic rental assistance program
The $25 million program, funded through federal aid the state received through the Coronavirus Aid, Relief, and Economic Security Act, will provide assistance of $500 per month for up to four months. The state expects the program to help about 12,000 households.
GIPC forms working group to provide legal services, make policing recommendations
The Greater Indianapolis Progress Committee on Thursday announced the creation of a working group to look at ways to tackle racism and bias in Indianapolis.