Joe Biden Proposes $1.9 Trillion COVID-19 Vaccination & Economic Package—Also Proposes $2K Stimulus Plan & Increasing Minimum Wage - The Shade Room

Joe Biden Proposes $1.9 Trillion COVID-19 Vaccination & Economic Package—Also Proposes $2K Stimulus Plan & Increasing Minimum Wage

#Roommates, with less than a week left until he officially takes office as the 46th President of the United States, Joe Biden is getting a firm head-start with his new proposal. During his recent address to the nation, Joe Biden revealed his plans for an almost $2 trillion COVID-19 vaccination package, and the widely-discussed increased stimulus payments.

@CNN reports, President-elect Joe Biden recently outlined a whopping $1.9 trillion emergency legislative package to fund a nationwide vaccination effort and provide direct economic relief to Americans amid the coronavirus pandemic, telling Americans that “the health of our nation is at stake.” The American Rescue Plan will include allocating more than $400 billion toward addressing the COVID-19 pandemic, including $160 billion in funding to execute a national vaccination program, expand testing and mobilize a public health jobs program, among other measures.

That’s not all though, as Biden’s proposal also includes $1,400 stimulus checks for Americans and extending and expanding unemployment benefits, including a $400 weekly unemployment insurance supplement, through September. Since he overwhelmingly won the November 2020 presidential election, Biden has been pushing for Congress to increase the stimulus check amount to $2,000, which would be accomplished by passing the additional $1,400 checks.

Republican Senate Majority Leader Mitch McConnell, rejected a bill late last year that would have increased direct stimulus payments from $600 to $2,000. With Democrats winning control of the Senate earlier this month, however, New York Democratic Senator Chuck Schumer will become Senate majority leader, and Democrats have a better shot at passing the legislation.

Additionally, Joe Biden spoke to Congress about his commitment to raise the minimum wage to $15 an hour. While that proposal could meet major opposition from Republicans, Biden pointed to Florida, a Republican-led state, saying that “as divided as that state is,” it just passed an amendment raising its minimum wage to $15 an hour. “No one working 40 hours a week should live below the poverty line,” he said.

 

 

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