Joe Biden to unveil COVID-19 economic relief plan worth ‘trillions’

Joe Biden to unveil COVID-19 economic relief plan worth ‘trillions’


Joe Biden is poised to launch a COVID-19 economic relief plan worth “trillions” of dollars, the president-elect announced Friday.

The relief plan will target state and local governments as well as provide new support for people who have lost their jobs as a result of the coronavirus pandemic, he said.

Biden’s original plan was for a bill under $1 trillion but he said on Friday that “economic research confirms that with conditions like the crisis today, especially with such low-interest rates, taking immediate action — even with deficit financing — is going to help the economy.”

Trending: CASTLE ROCK: New Theory Says Biden Is On Movie Set, Not In White House

Biden, who plans to unveil details on Thursday, has also called for raising the minimum wage to $15 — a campaign promise — and wants to hand out $2,000 in cash payments. Democrats tried to hand out similar relief checks in the last COVID-19 support package but were unable to get Republicans to agree to the amount.

“We need more direct relief flowing

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