Biden unveils $1.9tn US economic relief package
Business Desk Published: 15 January 2021, 11:17 AM
| Updated: 15 January 2021, 11:38 AM
President-elect Joe Biden has unveiled a $1.9tn (£1.4tn) stimulus plan for the coronavirus-sapped US economy before he takes office next week.
If passed by Congress, it would include $1tn for households, with direct payments of $1,400 to all Americans.
The relief proposal includes $415bn to fight the virus and $440bn for small businesses.
Mr Biden, a Democrat, has promised to beat the pandemic that has killed more than 385,000 people in the US.
He campaigned last year vowing to do a better job handling the virus than President Donald Trump, a Republican.
Mr Biden's proposal comes as a winter surge of the coronavirus breaks records.
Each day brings well over 200,000 new cases and the daily death toll sometimes tops 4,000.
Source: BBC
