Joe Biden will ask Congress to spend $1.9tn on an economic rescue plan, including new direct payments to Americans, aid for state and local governments and more funding for the coronavirus pandemic response.
The plan, outlined by senior officials from Mr Biden’s incoming administration, will be announced by the US president-elect in a speech on Thursday night, setting it up as a top legislative priority when he enters the White House next week.
If enacted, the package will deliver a further jolt of fiscal stimulus to the struggling US recovery, after a $900bn package agreed last month by US lawmakers and $3tn in relief passed at the start of the pandemic.
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