Mr. Biden and his aides have not yet finished the proposal or settled on its full amount. “The price tag will be high,” Mr. Biden told reporters in Wilmington, Del. “The answer is yes, it will be in the trillions of dollars.”The Biden team is also preparing a wave of economic actions that will not require congressional approval. Mr. Biden called on Congress on Friday to take “prompt action” to raise the federal minimum wage to at least $15 an hour. “People are really, really, really in desperate shape,” Mr. Biden said.

Source: International New York Times January 09, 2021 01:02 UTC