President-elect Joe Biden has unveiled a 9 1.9trn (4 1.4trn) stimulus package to help the United States get rid of the corona virus infection.
This package includes 15 415 billion for virus response, about t 1trn for households, and about 40 440bn for small businesses and severely affected communities.
Mr Biden said: “The crisis of deep human suffering is in plain sight, no time to waste.
“We have to act, we have to act now.”
About 388,000 people have died COVID-19 In the United States, the country with the highest number of strikes and restrictions in any country has lost millions of jobs.
A financial test dedicated to the fight against the virus will move towards a communication tracking and vaccination program, which Mr Biden acknowledged was “the worst failure so far”.
He said: “Vaccines are very promising … but vaccine release in the United States has been the worst failure so far.”
Part of Mr Biden’s plan to fight the virus is to vaccinate 100 million Americans in his first 100 days.
He said: “This is one of the most challenging operational efforts we have made as a nation. We need to move the sky and the earth to vaccinate more people.”
It’s hard to convince Republicans that Mr Biden’s package is not too expensive.
However, the path of the law will be smoothed out by the fact that his Democrats control both the House of Representatives and the Senate.
A second plan is expected in the coming weeks, which will look at housing support more closely – extending the ban on early evictions and evictions until September and assisting with rent and utility payments.
Mr Fiden said the minimum wage should be raised to $ 15 an hour and help fight hunger.
He said: “I know what I described did not come cheap, but it would cost us a lot to fail to do so.
“If we invest now – boldly, wisely, and with an unwavering focus on American workers and families – we will strengthen our economy, reduce inequality, and keep our nation’s long-term finances on a more stable course.”
With Wall Street expected to open in large numbers on Friday, markets are likely to welcome the project.
Jack Dollarhide, chief executive of Longbo Asset Management in Tulsa, Oklahoma, said it was “part of the overall mystery.”
“This reduces the gap between getting restaurant workers, flight attendants and other employees back to work.”