Biden Pledges Double Assistance on Climate, a Key Issue at UN Meeting

President Biden said on Tuesday that his administration will seek to double the aid aimed at helping developing countries tackle climate change, increasing its April promise to about $11.4 billion a year by 2024. The word is thought to be critical to the success of the United Nations-led climate talks scheduled to take place in …

Parliament to examine shortcomings of pandemic rental assistance

The vast majority of the $46.5 billion in rent assistance funding remains unspent, despite an estimate that puts the number of tenants at two million in immediate danger of eviction. According to the Treasury Department, the House Financial Services Committee will hold a hearing on Friday to examine the shortcomings of the fund, known as …

Facing a Shaky Future, California Theaters to Receive $50M in Assistance

LOS ANGELES — California’s network of beleaguered small, nonprofit theaters will receive a one-time $50 million subsidy under the $262 billion California state budget deal signed by Governor Gavin Newsom this week. Mr Newsom and Democratic leaders in the legislature negotiated aid as part of a comprehensive 2021-22 budget that includes billions of dollars in …