Home News Joe Biden unveils $1.9tn US economic relief package that includes $1,400 direct payments to all Americans

Joe Biden unveils $1.9tn US economic relief package that includes $1,400 direct payments to all Americans

by Nationnaija
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Joe Biden

United States’ President-elect Joe Biden has unveiled a $1.9tn (£1.4tn) Coronavirus stimulus package for the US economy before he takes office next week.

If passed by Congress, it would include $1tn for households, with direct payments of $1,400 to all Americans and also includes $415bn to fight the virus and $440bn for small businesses.

Biden has promised to beat the pandemic that has killed more than 385,000 people in the US.

In a primetime speech on Thursday night from his hometown of Wilmington, Delaware, he said: “A crisis of deep human suffering is in plain sight and there’s no time to waste.”

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“The very health of our nation is at stake,” he added. “We have to act and we have to act now.”

The incoming president said: “There will be stumbles, but I will always be honest with you about both the progress we’re making and what setbacks we meet.”

 

The package includes $20bn for vaccinating Americans, including setting up mass vaccination hubs and dispatching mobile units to remote areas.

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Two effective vaccines were delivered under the Trump administration, but health officials say the rollout needs to speed up.

“The vaccine rollout in the United States has been a dismal failure thus far,” said Biden. His administration aims to deliver 100m jabs in 100 days.

The package also includes $50bn to expand testing and $130bn to help most schools reopen by the spring.

The plan would fund the hiring of 100,000 public health workers for contact tracing.

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The supplemental jobless benefits would also increase to $400 a week from $300 a week now and extended until September, along with a moratorium on evictions and home repossessions.

The proposal for $1,400 direct payments to Americans would come on top of $600 payments provided in a relief bill enacted last month bringing payouts for families to the $2,000 figure that both Biden and the outgoing Donald Trump called for.

The president-elect will also call on Congress to double the federal minimum wage to $15 an hour .

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