Friday, November 22

What does Joe Biden plan to make the next stimulus package a reality?

The opinion

Money

The president-elect not only seeks to increase stimulus checks, he is also already working on other benefits that will be part of the third package of stimulus The incoming president continues to refer to aid approved by Congress at the end of last year as a “preview” of what his administration will propose to launch once he takes office. Photo: Mark Makela / Getty Images

The next president of the United States is clear that a third economic stimulus package to address the Covid emergency – 19, will represent “trillions of dollars,” Joe Biden said last Friday about the cost of upcoming stimulus bill. “The price will be high.”

Biden assured that the main economists have ensured that to prevent the economy from collapsing this 2020 and get worse significant amounts of money should be invested as soon as possible to grow the economy .

The incoming president continues to refer to the aid approved by Congress to late last year as a “advance” of what his administration will propose in motion once you take office. Here are six areas where Biden and the new Congress may look great in 2021.

There is already talk of stimulus checks for $ 2 ,000 Dollars , Biden will seek passage of a third stimulus package as part of a comprehensive economic rescue strategy. “We need to give more help to families, small businesses, including a check for $ 2, dollars, $ 600 is just not enough, “said Joe Biden.

Even though it has been said that they will increase stimulus checks, Biden also plans to reform the unemployment system, thereby extending aid checks for this concept to $ 600 Dollars, which were authorized under the Cares Act last year. So far, it is known that this would apply until the end of the crisis.

In the days leading up to his inauguration, Biden has not provided details about its plans for additional federal unemployment assistance, He only said that they will work on focusing more aid part of their rescue package.

Despite this, one of the reasons why a third package of economic stimulus, it has to do with Joe Biden and the Democrats have a majority in the House of Representatives and the Senate, so there would be no limitation when voting.

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