15 January

Gregory Daco, an economist, shared an article on US President-elect Joe Biden’s $1.9 trillion Covid relief plan which calls for unemployment support, stimulus cheques, and more.

The coronavirus rescue package titled the ‘American Rescue Plan’ has been unveiled to provide resilience to households and businesses till the vaccine is widely distributed across the country.

Some plans the President-elect has called for include direct payments of $1,400 to be provided to most citizens, bringing the total relief to $2,000, allocation of $50bn toward Covid-19 testing, and $20bn towards a national vaccine programme in collaboration with states, tribes, and territories, among others.

According to Biden officials, this is first of the two spending initiatives by Biden which is sought to be implemented during the first two months of his presidency.

The second bill is expected in February and will focus on long-term goals such as climate change, job creation, reforming infrastructure, and combating racial inequalities.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Meanwhile, The UK Government is again under fire over children going hungry, this time during half term school holidays.

Read more