Washington Post economics reporter Jeff Stein said on Thursday that Federal Reserve Chairman Jerome Powell has countered arguments that President Biden’s COVID-19 relief package is too expensive.
President Joe Biden claims that following talks with Congress, his plan to raise the federal minimum wage to $15 per hour is unlikely to make it into the full $1.9 trillion COVID-19 stimulus bill.
San Francisco s Chinatown was one of the first neighborhoods to feel the impact of the coronavirus pandemic so we visited the neighborhood to see how businesses are surviving.
Funds would go to Chinatown restaurants to prepare meals for the neighborhood s seniors and single room occupant residents.
Hoodline reports the money could help as many as 80 Chinatown restaurants and may help restaurants like Far East Cafe from permanently closing.
Thank u to my colleagues for your support of Chinatown’s Restaurant Relief + Food Security emergency funds.
As @CPASF ED Shaw San said, it gives me hope to see the City uniting in commitment to help save this iconic immigrant neighborhood, which COVID has hit hard. #InItTogetherpic.twitter.com/5RW63WnBfG Aaron Peskin (@AaronPeskin) January 19, 2021
Joe Biden announces $1.9 trillion plan to stem Covid-19, steady economy
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, while advancing his objective of reopening most schools by the spring
Associated Press | January 15, 2021 | Updated 09:29 IST
US President-elect Joe Biden
President-elect Joe Biden is unveiling a $1.9 trillion coronavirus plan to turn the tide on the pandemic, speeding up the vaccine roll-out and providing financial help to individuals, states and local governments and businesses struggling with the 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, while advancing his objective of reopening most schools by the spring. On a parallel track, it would deliver another round of aid to stabilise the economy while the