WILMINGTON, RAW – President-elect Joe Biden will unveil a stimulus proposal designed to jump-start the US economy during the coronavirus pandemic and help minority communities with about $US1.9 trillion in aid.
Biden campaigned last year on a promise to take the pandemic more seriously than President Donald Trump, and the package aims to put that pledge into action with an influx of resources for the coronavirus vaccine rollout and economic recovery.
The incoming administration will work with Congress on the quick stimulus package after Biden takes office on January 20, although the impeachment of Trump threatens to consume lawmakers in the initial weeks.
The stimulus package has a price tag of about $US1.9 trillion ($A2.4 trillion), the New York Times reported, and includes a commitment for $US1400 stimulus cheques, according to a source familiar with the proposal.
Biden is expected to commit to partner with private companies to increase the number of Americans getting vaccinated.
A significant portion of the additional financial resources will be dedicated to minority communities. “I think you will see a real emphasis on these underserved communities, where there is a lot of hard work to do,” said another transition official.
Biden plans to introduce his package during a prime-time address on Thursday evening but he will have to compete for attention with the political drama in Washington.
The Democratic-led House of Representatives voted to impeach Trump on Wednesday, making him the first president in US history to be impeached twice.
More than 380,000 people in the United States have died of COVID-19 during the pandemic, with 22.7 million infected during that time. Pandemic-related shutdowns and restrictions have cost millions of US jobs.
Although Trump himself supported $US2,000 cheques for Americans in the last round of stimulus, many of his fellow Republicans baulked at the high amount, settling on $US600 cheques instead.
Biden may face additional opposition from Republicans to his efforts but he will be helped by his fellow Democrats controlling both the House and the Senate.