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The latest stimulus package passed by Congress is one of the longest bills to be pushed so quickly through the Senate and the House. The final bill was handed to lawmakers just hours before they voted on it.“This bill is too long, too complicated,” said Thea Lee, president of the Economic Policy Institute (EPI).EPI expects the 0-billion package will provide an instant jolt to our economy by extending unemployment benefits and enhancing them by 0 a week. It also includes a 0 stimulus check for millions of Americans and billion for housing and eviction protection.There are hundreds of billions of dollars for Paycheck Protection Program loans, intended for small businesses. However, those touted benefits only take up a couple of pages in the nearly 5,600-page bill."There are things in there that don’t belong in there,” said Lee.In fact, as more experts and government watchdog organizations start to sift through the stimulus bill, which was also tied to an ominous spending bill, the list of non-pandemic related funding and measures grows.“Some of it is things like horse-racing commissions [funding] and so on, but some of it shouldn’t be in there because it is helping either people or businesses that don’t need the help,” Lee explained.For example, there’s a tax break on alcohol, and Lee pointed out the alcohol industry is one that has actually thrived during the pandemic. Legislators also included a tax break for what has been dubbed the Three Martini Lunch.“It’s a deduction for business people who are having expensive lunches out. That has been extended in this bill,” said Lee. "That is not the best way, the most targeted way to help the restaurant industry.”For all of the non-pandemic-related measures squeezed into this latest deal, there is a surprise in what did not make it in.“The most important thing that is not in the stimulus bill is aid to state and local governments,” said Lee. "If they don’t get enough aid from the federal government, they will have to start laying off workers.”Another thing not in the stimulus bill was an extension on the student loan payment pause. Many student loan borrowers will have to start repaying loans in January and interest will begin accruing again.There is also, notably, no transparency requirement tied to small business PPP loans. Watchdog organizations, like U.S. Public Interest Research Group, have been calling for it for months, given all the issues seen with the first round of PPP loan funding."The Department of Justice has actually indicted 57 people so far from stealing over 5 million from the PPP loan program,” said RJ Cross with U.S. PIRG.Also, lawsuits filed by several news organizations forced the Small Business Administration to reveal more names of companies that have received the forgivable loans. The result has shown that most of the PPP loans issued in the first round, more than 0 billion, went to larger than intended business. The smallest businesses, in which the loans were intended for, actually struggled to get the funding they needed.U.S. PIRG has fought for months to get transparency requirements tied to PPP loan money to prevent further fraud and corruption in the program, and the group was surprised that was not included in this latest stimulus package.“If folks are very clear on the fact that information about their loans, their application, and their businesses will be made public, it helps to deter a lot of fraudsters in the beginning,” Cross added. “Congress largely squandered that opportunity to strengthen those measures that would increase public trust in the PPP program.”Congress is expected to immediately begin working on yet another stimulus bill in January and could address some of the concerns with this latest bill."I hope that Congress can come back in 2021 and take up the elements that are missing from this bill,” said Lee. 3894

The New York prosecutor who has been fighting to get President Donald Trump’s tax returns got a bank last year to turn over other Trump financial records. The New York Times reported Wednesday that Manhattan District Attorney Cyrus R. Vance sent a subpoena last year to Deutsche Bank as part of his investigation into Trump’s business dealings. The Times cited four people familiar with the inquiry. Vance’s office declined to comment. Attorneys for Trump and Deutsche Bank didn’t immediately respond to requests for comment. Vance is a Democrat. Trump has called his investigation “a continuation of the witch hunt.” 625

The last year has been a challenging one for New York City, which was among the hardest hit areas in the world for coronavirus cases.Months after a spring surge of cases, schools closed and hospitals filled with coronavirus patients this week, as life is struggling to return to normal. One sign life isn’t back to normal is that next week’s Macy’s Thanksgiving Day Parade will be held without spectators.In honor of the front-line workers keeping New York City safe and healthy, Macy’s has decorated its storefront at its flagship store in Midtown Manhattan with the theme "Give, Love and Believe."The tradition of decorating the storefront dates back 146 years. Macy’s installed social distancing markers in front of the mural to space onlookers.The storefront is part of a broader theme of philanthropy at all Macy’s locations throughout the United States.All Macy’s locations will have a red mailbox where children can address letters to Santa. For each letter received by Macy’s addressed to Santa, the retailer will donate , up to million, to the Make-a-Wish Foundation.“Believe is a special moment for the Macy’s family each year,” said Lauren Anania, Macy’s Director of Cause Execution. “As we celebrate the wonder of giving, we feel privileged to support Make-A-Wish in its quest to grant the wishes of children in need. We are proud of the passion that our colleagues bring and grateful to our customers for turning this program into a tradition of endless generosity and community through the collection of millions of letters over the last 11 years.” 1575

The massive new Museum of the Bible opens just blocks from the U.S. Capitol in Washington, D.C. later this week.Measuring 430,000 square feet, the privately-funded, 0 million project houses over 2,800 artifacts going back to biblical times. And then there's the building's size and scope, which rivals some of the neighboring Smithsonian museums on the National Mall, and the top-floor view of the Capitol Dome."Some people think we're coming here to have an influence on Congress. Who doesn't come here to have an influence on Congress," said Steve Green, the chairman of the museum's board.As President of Hobby Lobby, Green has already made an impact in Washington and around the country when the Supreme Court in 2014 sided by a 5-4 vote with his company over the Obama Administration, ruling the Affordable Care Act's contraception mandate to be a violation of the family-owned, for-profit business' religious freedom.But Green says any influence the Museum of the Bible may have on members of Congress who come to view the exhibits is only a happy byproduct of the real reason why the museum found its way to its Washington location. According to Green, the museum's leadership selected the city for the capital's foot traffic, not politics, and executive director Tony Zeiss says their settling on a building so close to the Capitol "was simply coincidence." The museum, which opens Friday after seven years of planning, focuses on the history, stories, and impact of the Bible, and includes interactive features like a space re-creating Jesus's first-century village.But the museum doesn't shy away from American politics, either, with exhibits detailing the Bible's importance from 17th century Puritan settlers to the 20th century civil rights movement, and how the Bible was used to justify both pro- and anti-slavery stances that drove America into Civil War."We want people to see how it was used for the good, the bad, and the ugly," says Norm Conrad, the museum's curator for Americana and Biblical Imprints.If there's any lesson on today's politics and culture visitors should take away, the museum's leaders aren't telling. Their goal in Washington, they say, is to inspire people to read the Bible.  2248

The judge in Bill Cosby's indecent assault trial ruled Tuesday a jury can consider as evidence the comedian's 2005 admission that he procured Quaaludes for women he wanted to bed.Accuser Andrea Constand is one of dozens of women who have accused the former TV star of drugging and sexually assaulting them, an allegation Cosby denies.Judge Steven O'Neill's decision came amid a more than hourlong hearing, during which the jury was not present. The hearing dealt with attorney-client privilege, Fifth Amendment concerns and Cosby's defense team's plans to call one of Constand's civil attorneys to the stand, as well as a toxicologist who will dispute her account of how the drugs affected her. 702