Coronavirus : Biden unveils $1.9tn US economic relief package

Friday, 05 Mar 2021 10:28:44 pm


Friday, 15 Jan 2021 03:09:22 pm

Coronavirus : Biden unveils $1.9tn US economic relief package

Coronavirus : Biden unveils $1.9tn US economic relief package

President-elect Joe Biden has unveiled a $1.9tn (£1.4tn) stimulus plan for the coronavirus-sapped 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.

The relief proposal includes $415bn to fight the virus and $440bn for small businesses.

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

He campaigned last year vowing to do a better job handling the virus than President Donald Trump, a Republican.

Mr Biden's proposal comes as a winter surge of the coronavirus breaks records.

Each day brings well over 200,000 new cases and the daily death toll sometimes tops 4,000.

Source: BBC