"Biden Unveils $1.9T Plan To Stem Covid-19 And Steady Economy"

"WILMINGTON, Del. — President-elect Joe Biden has unveiled a $1.9 trillion coronavirus plan to end “a crisis of deep human suffering” by speeding up vaccines and pumping out financial help to those struggling with the pandemic’s prolonged economic fallout.

Called the “American Rescue Plan,” the legislative proposal would meet Biden’s goal of administering 100 million vaccines by the 100th day of his administration, and advance his objective of reopening most schools by the spring. On a parallel track, it delivers another round of aid to stabilize the economy while the public health effort seeks the upper hand on the pandemic.

“We not only have an economic imperative to act now — I believe we have a moral obligation,” Biden said in a nationwide address Thursday. At the same time, he acknowledged that his plan “does not come cheaply.”

Biden proposed $1,400 checks for most Americans, which on top of $600 provided in the most recent COVID-19 bill would bring the total to the $2,000 that Biden has called for. It would also extend a temporary boost in unemployment benefits and a moratorium on evictions and foreclosures through September."

Ricardo Alonso-Zaldivar and Bill Barrow report for the Associated Press January 15, 2021.


"A Look at What’s in Biden’s $1.9 Trillion Stimulus Plan" (New York Times)

"Biden’s New Relief Plan Has $20 Billion For Public Transit — It May Help Metro Avoid Transit Cuts Next Year" (DCist)

"Vaccines To Stimulus Checks: Here's What's In Biden Plan" (AP)

"Biden Picks Former F.D.A. Chief to Lead Federal Vaccine Efforts" (New York Times)

Source: AP, 01/15/2021