Biden unveils $1.9 trillion COVID-19 pandemic relief and economic recovery plan
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President-elect Joe Biden released a $1.9 trillion emergency COVID-19 relief plan Thursday. His proposal is a wide-ranging package intended to address the dual public health and economic crises of the pandemic, with $400 billion targeted to coronavirus responBiden unveils $1.9 trillion COVID-19 pandemic relief and economic recovery plan
President-elect Joe Biden released a $1.9 trillion emergency COVID-19 relief plan Thursday. His proposal is a wide-ranging package intended to address the dual public health and economic crises of the pandemic, with $400 billion targeted to coronavirus response and $1 trillion for economic relief to families. It has a major focus on coronavirus testing, vaccine production, and distribution as well as economic support at every level, from individuals and families to state and local government. «During this pandemic, millions of Americans, through no fault of their own, have lost the dignity and respect that comes with a job and a paycheck,» Biden said in his speech announcing the plan. «There is real pain overwhelming the real economy.» The plan includes more than $400 billion to beef up the national vaccination program, increase testing and contact tracing, and restore paid sick leave that the package passed in December ended. Biden's goal is to have the majority of K-8 schools reopened nationwide in the first 100 days, and includes $130 billion for school funding as well as $35 billion for higher education. The plan includes $1,400 in direct payments to fulfill Democrats' efforts from December to provide $2,000 checks by boosting the $600 provided in that bill. Yes, they should treat that $600 for what it was—inadequate—and go for the full $2,000 again. The plan also includes $440 billion to small businesses, local communities, and transit systems. Read more