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brooklynite

(94,539 posts)
Thu Jan 14, 2021, 06:08 PM Jan 2021

Biden to push for $1.9 trillion coronavirus relief package

This discussion thread was locked as off-topic by Omaha Steve (a host of the Latest Breaking News forum).

Source: Roll Call

President-elect Joe Biden is preparing to ask Congress to quickly approve a $1.9 trillion COVID-19 aid plan to improve vaccine distribution, provide direct payments to Americans and bolster state and local government coffers.

The plan, which he’ll outline in a speech Thursday evening, will be the first of two legislative initiatives the incoming administration wants Congress to approve in the coming weeks, according to senior Biden administration officials who were not authorized to speak publicly.

The second proposal will likely be released in February and will focus on recovering from the pandemic. That proposal is expected to include funding for addressing climate change through job development and infrastructure as well as addressing the health care workforce.

The first aid request, focused on more immediate needs, will ask Congress to provide $1 trillion in direct support to Americans through $1,400 tax rebate checks for individuals and expanded $400 weekly federal unemployment insurance through September; $440 billion in funding for communities and small businesses; and $400 billion for direct pandemic relief such as vaccine distribution, testing and providing schools the resources they need to return to in-person learning.




Read more: https://www.rollcall.com/2021/01/14/biden-to-push-for-1-9-trillion-coronavirus-relief-package/?utm_source=&utm_medium=email&utm_campaign=newsletters&utm_content=01/14/2021
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Biden to push for $1.9 trillion coronavirus relief package (Original Post) brooklynite Jan 2021 OP
I wonder how much money was lost from the 1% in tax cuts. BigmanPigman Jan 2021 #1
cancel the trump tax cut for millionaires to pay for it nt msongs Jan 2021 #2
instead of piddling around trying to get a one time individual tax credit that may be the last one yaesu Jan 2021 #3
After a review by forum hosts....LOCKING Omaha Steve Jan 2021 #4

BigmanPigman

(51,590 posts)
1. I wonder how much money was lost from the 1% in tax cuts.
Thu Jan 14, 2021, 06:42 PM
Jan 2021

Could these uber rich pay end up paying more than the $1.9 trillion Covid relief? If Biden reversed the tax cuts could the amount help to lesson the debts from Covid?

msongs

(67,405 posts)
2. cancel the trump tax cut for millionaires to pay for it nt
Thu Jan 14, 2021, 06:59 PM
Jan 2021

yaesu

(8,020 posts)
3. instead of piddling around trying to get a one time individual tax credit that may be the last one
Thu Jan 14, 2021, 07:20 PM
Jan 2021

for who knows how long they need to do a monthly one until the pandemic ends, say, for the next 6 month, would probably be less but makes more sense.

Omaha Steve

(99,626 posts)
4. After a review by forum hosts....LOCKING
Thu Jan 14, 2021, 07:20 PM
Jan 2021

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