Monday, January 18, 2021

Biden plan fundamental level hitting

Financial plan details from the incoming US President Biden … coming pout earlier than his 7.15pm (0015GMT) speech.

1.9 tln greenback package deal

  • $400bn directed to spice up the COVID-19 response efforts
  • $1tln in direct help for households
  • circa $440 bn for enterprise, most-impacted communities

Stimulus checks to be topped up by $1,400 (so $2,000 in whole, the preliminary $600 + $1,400)

Supplemental unemployment profit to $400 / week (its at present $300) and prolonged to September 2021

Nationwide minimal wage of $15, an finish to tipped minimal wage.

Biden will try and get his “American Rescue Plan” handed via Congress within the first weeks of his administration. 

Economic plan main points from the incoming US President Biden ... coming pout before his 7.15pm (0015GMT) speech.

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