The new $ 2 plan. 19 billions of dollars is focused on infrastructure and job creation, no to emergency care for Covid – 19 or direct help to families
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Millions of Americans have received two or three stimulus checks to cope to the economic damages caused by the Covid – 19, for more than a year ago.
Many wonder if there will be a fourth stimulus check and more so now that President Joe Biden introduced his new $ 2 plan. 25 trillions of dollars.
President Joe Biden made it clear that the first step in his economic recovery plan was the American Rescue Plan (ARP), which would be followed by a project focused on strengthening and development of infrastructure and the generation of well-paid jobs.
The new $ 2 announced plan. 25 trillions d e dollars is focused on that , on infrastructure and employment and not on emergency care for Covid – 19 , that’s what the $ 1.9 trillion stimulus package approved in the first days of his tenure was for.
The Economist Andrés Vinelli, Vice President of Economic Policies at the Center for American Progress (CAP), explains that the project “points not to the emergence of patient, but to build the muscle of the economy ”.
Vinelli points out that this is a different plan than other stimulus laws, since focuses on generate the conditions that allow people to get better paid jobs and to improve the quality of life of families with better services and infrastructure.
“This economic package going to help to reverse that, giving, for example, a better income to people who work in home care, to nurses “, said the specialist, in addition” We must take into account that communities of color, African Americans and also women… have received lower wages for the same amount of work… This legislation has clauses that include equal pay for equal work ”.
Although legislators Democrats are pushing the president to hand over a fourth stimulus check , in addition to recurring checks , the Biden administration has not spoken or Considered that plan, largely because it would need a tax increase on the wealthiest, an issue that Republicans are concerned about.
In itself, one of the challenges that the infrastructure plan will have is in Congress, where it should be to negotiate with the Republicans the tax increase for those who earn more than $ 400, 000 dollars per year to finance the plan, subject to which they show a great reluctance.
With information from El Diario
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