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President-elect Joe Biden will announce in the next few hours his ambitious economic aid plan for the country, which includes proposing to Congress that it approve a package valued at $ 1.9 billion of dollars ( trillions in English, that is, 11 zeros after nine).
Biden is expected to unveil Thursday night a truly radical relief plan that Democrats have been demanding for months and that is the big change to the federal government’s response to the coronavirus pandemic and to the economic crisis , as the president-elect prepares to take office.
The ambitious plan ensures:
- More than $ 400 $ 1 billion to fight the pandemic directly, including accelerating vaccine deployment and safe reopening of the most schools within 100 days of approval
- $ 350 billion for help state and local governments overcome budget deficits.
- More help for workers and families, including direct payments of $ 1, 400 dollars, more generous unemployment benefits, federally mandated paid leave for workers and large subsidies for child care costs
Biden will detail his called American Rescue Plan , which he and his economic team have been preparing, in an evening address from Delaware.
