President elect Biden releases $1.9 trillion stimulus plan with $1400 cash payments
“We must do this and we must do this now”
President elect Joseph Biden.
Patrick O’Heffernan, Ajijic. “We must do this and we must do this now” president elect Joseph Biden told a worldwide audience Thursday night as he announced his $1.9 trillion Coronavirus relief plan, which will include $1400US stimulus payments to every American, including Expats living abroad. The major address comes barely a week before he is inaugurated and a day after the US House impeached President Trump for the second time.
The stimulus plan also calls for increasing supplemental unemployment benefits to $400 per week through September, raising the minimum wage to $15 per hour, plus extending moratoriums on eviction and foreclosure on Federally-guaranteed mortgages to Sept. 30. Small landlords would receive additional small business help. The plans also calls for massive payments to state and local governments and to schools, especially for projects to limit Coronavirus spread. Biden also said he will release all available doses of vaccines after coming into office on Jan. 20.