Biden lays out $1.9 trillion Covid relief package with $1,400 stimulus checks
Source: NBC News
President-elect Joe Biden laid out his $1.9 trillion relief package in a prime-time address Thursday focusing on a new round of stimulus checks to struggling Americans and an ambitious vaccine distribution plan to control the deadly pandemic.
Biden will ask the new Democratic-controlled Congress to approve the "American Rescue Plan." A chunk of the funds $416 billion would help launch a national vaccination program with a goal of vaccinating 100 million Americans and reopening schools in the first 100 days of his administration.
The plan seeks to address a pandemic that continues to worsen. According to NBC News' Covid-19 data tracker, there have been 384,375 deaths and more than 23 million cases in the U.S.
Biden's speech was both harrowing and optimistic. He paid tribute to some of those who have died since the pandemic reached American shores and to the millions of people struggling to pay rent, keep their businesses afloat and buy basic needs for their families.
Read more: https://www.nbcnews.com/politics/politics-news/biden-lays-out-1-9-trillion-covid-19-relief-package-n1254334?
cstanleytech
(26,290 posts)The majority of the money though might be better off spent on major infrastructure like the bridges, roads and dams in our country that are falling apart as that would put a ton of people to work as well as get money flowing in the economy.
mr_lebowski
(33,643 posts)Sure, I'd love 1400 more gubmint cheese (these last 2 stimulus checks are the only federal largesse I've ever availed myself of), but I'm presently lucky enough to not be struggling, so ...
However ... giving it to everyone conveniently makes it so damn near everyone (in the public) supports it. So there's that angle.
Tommymac
(7,263 posts)All of us who may not really need it can spend the money at local small businesses that are struggling.
This will help keep them going.
Blasphemer
(3,261 posts)Not unemployed but working low-wage jobs or on disability with increased expenses because of the pandemic (e.g. no free school breakfasts and lunches; increased transportation costs).
catrose
(5,065 posts)still_one
(92,187 posts)of more not less, in hopes they won't miss anyone
The federal unemployment extended until the end of March plus a 400 dollar a week bonus for those on unemployment indicate they are aware where the emphasis needs to focus, along with rent and mortgage protection, food and child care assistance, etc.
Response to Galraedia (Original post)
Rebl2 This message was self-deleted by its author.
marie999
(3,334 posts)but we are helping to support 2 other families.