Biden unveils US$1.9 trln rescue plan that includes US$400bln to combat COVID-19

Biden unveils US$1.9 trln rescue plan that includes US$400bln to combat COVID-19

WASHINGTON: President-elect Joe Biden’s transition team issued a press release in which it unveiled a US$1.9 trillion plan to revive the US economy and combat the novel coronavirus, reported Sputnik news agency.

“President-elect Biden’s $1.9 trillion American Rescue Plan is ambitious, but achievable, and will rescue the American economy and start beating the virus,” the release said on Thursday. “Congress should act expeditiously to help working families, communities, and small businesses persevere through the pandemic.”

The Biden plan asks Congress to approve up to US$400 billion to combat the novel coronavirus so it can establish community vaccination sites across the United States and boost testing and tracing, the release said. The plan also proposes providing eligible individuals with US$1,400 in stimulus payments.

In addition, the plan seeks to provide US$130 billion to help US schools safely reopen within the first 100 days of Biden’s presidency, the release said.

The Biden plan also requests Congress to approve US$9 billion to upgrade the US information technology infrastructure and address the recent breach of federal government data systems, the release added.

–BERNAMA