Economic plan main points from the incoming US President Biden ... coming pout before his 7.15pm (0015GMT) speech.
1.9 tln dollar package
- COVID-19 response efforts include $350 billion to states for front line workers, $50 billion in expanded testing, $160 billion for national vaccine program
- $1tln in direct support for households
- circa $440 bn for business, most-impacted communities
Stimulus checks to be topped up by $1,400 (so $2,000 in total, the initial $600 + $1,400)
Supplemental unemployment benefit to $400 / week (its currently $300) and extended to September 2021
National minimum wage of $15, an end to tipped minimum wage.
Biden will attempt to get his "American Rescue Plan" passed through Congress in the first weeks of his administration.
