Saturday, 23rd November 2024

Joe Biden unveils $1.9 trillion COVID-19 relief package

Joe Biden has unveiled a $1.9 trillion (€1.5 trillion) coronavirus economic relief package for the US.

Friday, 15th January 2021

US President Elect Joe Biden
Joe Biden has unveiled a $1.9 trillion (€1.5 trillion) coronavirus economic relief package for the US. The president-elect, who is due to be declared into the position on 20 January, said at a public address: “We not only have an economic imperative to act now - I believe we have a moral obligation.”

The proposal, called the American Rescue Plan, would race up the vaccination program, meeting Biden’s goal of administering 100 million vaccines by the 100th day of his presidency.

Meanwhile, it would provide another round of financial aid, with proposed $1,400 checks for most Americans, which on top of $600 provided in the most recent COVID-19 bill would lead the total to the $2,000 that Biden has called for.

It would be extending a temporary boost in unemployment benefits and a moratorium on evictions and foreclosures through September.

The plan would also bring in long-term Democrat policy goals such as increasing the least wage to $15 an hour, expanding paid leave for workers, and rising tax credits for families with children.

Joe Biden will be swearing-in on January 20, 2021, and over 20,000 soldiers with lethal weapons have been deployed in and around Washington, DC.

President-elect had denounced the work of President Donald Trump in the handling of coronavirus. People are looking forward to the swearing ceremony of Joe Biden as the coronavirus continue to be out of control in United States.

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