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How Biden learned to go big Vox.com 2/16/2021 Emily Stewart and Ella Nilsen © Stefani Reynolds/Getty Images President Joe Biden delivers remarks on the national economy and the need for his administration’s proposed $1.9 trillion coronavirus relief legislation on February 5.
President Joe Biden appears ready to do what it takes to get the American economy back to full capacity and then some.
Biden has proposed a $1.9 trillion Covid-19 relief package to help steer the economy through the pandemic, and he’s planning to propose a second spending package one with an even heftier price tag that invests heavily in infrastructure, climate, and caregiving. His administration is focusing on those most in need, and is even willing to run the economy a little hot for a while to get the gears churning.
President Joe Biden appears ready to do what it takes to get the American economy back to full capacity and then some.
Biden has proposed a $1.9 trillion Covid-19 relief package to help steer the economy through the pandemic, and he’s planning to propose a second spending package one with an even heftier price tag that invests heavily in infrastructure, climate, and caregiving. His administration is focusing on those most in need, and is even willing to run the economy a little hot for a while to get the gears churning.
“What gives me the most hope is that he’s given every indication of understanding the urgency of this moment,” Sen. Elizabeth Warren (D-MA) told Vox in a recent interview. She said Americans are “asking for a government that steps up and helps deal with our health care problems, our economic problems, and our race problems.”
This is a rush transcript. Copy may not be in its final form.
AMY GOODMAN: Congress voted Monday night to pass a $900 billion coronavirus relief package, the first new aid since April. The measure is part of a $2.3 trillion package that includes $1.4 trillion to fund the government. The combined legislation is among the largest relief packages in U.S. history. President Trump has until December 28th to sign it.
The coronavirus relief part of the bill includes $300-per-week federal unemployment assistance for 11 weeks; a round of $600 stimulus checks for people who earn up to $75,000, with another $600 per child; more money for schools and hospitals; and an extension of an eviction moratorium by a month. It also includes $284 billion for another round of small business aid through the Paycheck Protection Program, as well as $20 billion to buy vaccines and make, quote, “the vaccine available at no charge for anyone who needs it.” It offers an additional $8 billion for vaccine dis
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