Biden unveils $1.9 trillion COVID-19 stimulus plan, says 'there’s no time to waste'

US President-elect Joe Biden on January 14 unveiled a $1.9 trillion coronavirus plan calling it ‘American Rescue Plan’ in a bid to end a “crisis of deep human suffering” by ramping up COVID-19 vaccines and boosting financial help for those who are impacted with pandemic’s ecomic fallout. legislative proposal of Biden will reportedly meet his goal of ministering at least 100 million vaccines by 100th day of his ministration along with elevating his objective of reopening most schools by spring.

Since President-elect believes re is “ time to waste”, ‘American Rescue Plan’ on a parallel track would also deliver ar round of aid to stabilize ecomy while public health effort seeks more focus during pandemic. In plan, Biden has proposed $1,400 checks for most Americans in dition to $600 provided in most recent COVID-19 bill. This would bring total to $2,000 while also extending a temporary boost in unemployment benefits and a moratorium on evictions and foreclosures through September.

“re’s time to waste,” Biden said. “We have to act and we have to act w...We t only have an ecomic imperative to act w — I believe we have a moral obligation,” Biden said in a nationwide dress while ackwledging that his plan “does t come cheaply.”

“During this pandemic, millions of Americans, through fault of ir own, have lost dignity and respect that comes with a job and a paycheck...re is real pain overwhelming real ecomy,” he ded.

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Biden calls current vaccine rollout plan 'dismal failure'

Meanwhile, Biden also called current rollout of coronavirus vaccine "a dismal failure" while highlighting his own 'American rescue Plan'. Biden's $1.9 trillion proposal w requires approval of Congress that also raises federal minimum w to $15 per hour from current rate of $7.25 per hour. Furr, child care tax credit would even be expanded for a year, to cover 50% cost of child care up to $4,000 for one child and $8,000 for two or more for families making less than $125,000 a year.

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