The budget resolution sets a mid-September deadline for the congressional committees drafting the tax and spending legislation.

Bipartisan group has put finishing touches on the $550 billion bill.

Most Americans will be receiving direct payments of $1,400, with checks going out within days.

Republican plan includes $333 billion in spending on business subsidies, including a revised version of the PPP.

CBO projects that recent tax cuts and spending increases will push the federal budget deficit past the $1 trillion milestone two years earlier than expected.

Senate may vote on bill as early as tonight. Failure to pass it by tomorrow would result in government shutdown.

Congress stalled on $1.2 trillion spending bill; the deadline to avoid a government shutdown is midnight Friday.

European Commission President: EU is prepared to respond by targeting imports of Harley-Davidson Inc. motorbikes, Levi Strauss & Co. jeans, and U.S. bourbon whiskey.