Joe Biden rolls out US$1.9 trillion financial relief plan - News Summed Up

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Joe Biden rolls out US$1.9 trillion financial relief plan


President-elect Joe Biden speaks about the pandemic during an event at The Queen theater, Thursday, January 14, 2021, in Wilmington, Delaware, as Vice President-elect Kamala Harris listens. President-elect Joe Biden unveiled a $1.9 trillion coronavirus plan Thursday to turn the tide on the pandemic, speeding up the vaccine rollout and providing financial help to individuals, states and local governments and businesses struggling with the prolonged economic fallout. The plan would also extend a temporary boost in unemployment benefits and a moratorium on evictions and foreclosures through September. The last item would make it easier for women to go back to work, which in turn would help the economy recover. “Remember that a bipartisan US$900 billion #COVID19 relief bill became law just 18 days ago,” tweeted Republican Senator John Cornyn, of Texas.


Source: The Standard January 15, 2021 00:45 UTC



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