Biden to unveil sweeping economic rescue package

Biden to unveil sweeping economic rescue package


President-elect Joe Biden will outline his sweeping economic rescue package in a prime-time speech in Wilmington, Del., on Thursday evening.

The package, which will be at the top of Biden’s legislative agenda as he takes office amid an ongoing pandemic, includes a commitment to $1,400 direct stimulus checks and has an estimated price tag in excess of $1.4 trillion, Reuters reported Thursday.

Biden will also make a large push to fund COVID-19 vaccinations and get them into the arms of Americans as distribution efforts continue to fall far short of what health experts and officials had anticipated.

Trending: The Marshall Report Says Trump Is NEVER Going Back To The White House, But Here’s Why….

The economy is still in a downward trend and last week’s job report showed conditions are actually worsening. The US shed 140,000 jobs in December, while another 965,000 Americans filed for unemployment last week.

The president-elect will use Thursday’s address to call on members of Congress in both parties to back his agenda and pass the package as the health crisis continues

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Thanks for sharing!
Send this to a friend