Joe Biden Unveils $1.9 Trillion Spending Plan

Breibart

Scoop Publisher Francesco Abbruzzino

 

 

President-elect Joe Biden unveiled a coronavirus plan Thursday that he claims will turn the tide on the pandemic, speeding up the vaccine rollout, and providing financial help to individuals, states, and local governments and businesses struggling with the prolonged economic fallout.

 

The proposal reflects the priorities of Democrats, spending more money on aiding state governments, schools, and colleges than stimulus payments to individuals. It also includes a minimum wage hike, a measure sought by Democrats long before the pandemic struck.

The proposal includes:

  • $350 billion in state and local government aid
  • $170 billion for K-12 schools and institutions of higher education
  • Direct payments of $1,400 to most Americans, costing around $320 billion according to a Breitbart News’ estimate
  • Enhanced unemployment benefits increasing payments by $400 per week through the end of September
  • $50 billion for Covid-19 testing
  • $20 billion toward a national vaccine program
  • Raising the Child Tax Credit to $3,000 per child and making it fully refundable for 2021

 

Read more