Economy
For more information concerning work and views related to Economy, please contact our office.
More on Economy
The House passed a $1.9 trillion COVID-aid package late Friday as Sen. Catherine Cortez Masto (D-NV) and Rep. Steven Horsford (D-NV) unveiled a series of hospitality and tourism industry tax breaks that they hope to include in the next stimulus bill.
WASHINGTON, D.C. — Today, Congressman Steven Horsford voted to pass the American Rescue Plan to provide the relief that Nevada's families and small businesses need in order to rebuild and recover from the COVID-19 pandemic.
A $1.9 trillion package aimed at helping the country rebuild from the coronavirus pandemic seems headed toward House passage with a vote expected along party lines.
Nevada Democratic Reps. Steven Horsford and Susie Lee both praised the law during a news conference Friday.
The overall relief bill would provide $1,400 payments to individuals, extend emergency unemployment benefits through August and increase tax credits for children and federal subsidies for health insurance coverage.
There's a new bill in Congress aimed at getting furloughed casino, convention and hotel workers in Las Vegas back on the job.
Southern Nevada Congressman Steven Horsford is introducing the Hospitality and Commerce Job Recovery Act.
The bill establishes tax credits for travel to any trade show or convention across the country for the next 2 years.
The bill also aims to create tax credits for restaurant owners.
It would give breaks on the costs associated with having to bring any restaurant into compliance with COVID-19 protocols.
A proposal in Washington could help bring jobs and tourists back to Las Vegas a little faster as more Americans get vaccinated, and coronavirus cases drop, the I-Team first reported.
Rep. Steven Horsford, D-Nevada, said he and Sen. Catherine Cortez Masto, D-Nevada, have introduced the Hospitability and Commerce Jobs Recovery Act. The bill would incentivize hospitality companies to bring back laid off or furloughed workers and give tax credit to convention attendees, Horsford said.
WASHINGTON D.C. — Today, Congressman Steven Horsford and the House Budget Committee completed the markup of President Biden's American Rescue Plan. With the closing of the markup, Congressman Horsford released the following statement:
WASHINGTON, D.C. — Today, Congressman Steven Horsford announced that Nevada is estimated to receive more than $1.5 billion in funding for child care and education across the state through the American Rescue Plan.
A $1.9 trillion coronavirus relief and economic stimulus bill proposed by President Joe Biden could more than triple federal aid to Nevada because of changes in funding formulas and money added for economic development in tourism-reliant cities, Rep. Dina Titus said.
The Biden bill includes more federal funds for states and cities than the CARES Act did last year, but changes in the formula to divvy up that spending — to include unemployment rates — could mean a bigger slice of the pie for Nevada, which has one of the highest jobless rates in the nation.
WASHINGTON, D.C. — Today, Congressman Steven Horsford and the House Ways and Means Committee completed the markup of key provisions in President Biden's American Rescue Act. With the closing of the markup, Congressman Horsford released the following statement:
WASHINGTON, D.C. — Today, Congressman Steven Horsford delivered opening remarks on federal unemployment insurance during the House Ways & Means Committee markup of President Biden's American Rescue Plan.