President-elect Joe Biden is expected to propose an additional $160 billion for a national vaccine program, including $20 billion for distribution. Jim Watson/AFP via Getty Images
President-elect Joe Biden will outline his plans for economic relief from the coronavirus crisis on Thursday, citing the need for a more robust vaccination plan as well as for additional direct payments to American families to help recover the U.S. economy. His plan, called the American Rescue Plan, is expected to cost $1.9 trillion.
The package includes $1,400 direct stimulus checks, which would supplement the $600 checks Congress passed late last year. Biden also proposes an additional $160 billion for a national vaccine program, including $20 billion for distribution, and an additional $50 billion for expanded testing.
The plan also calls on Congress to invest $170 billion in K-12 schools and higher education, including $130 billion for schools to safely reopen. He proposes raising the federal minimum wage to $15 per hour, as well as providing billions for child care assistance, federal nutrition programs, rental assistance and tribal governments' pandemic response. The package also includes $350 billion in emergency funding for state and local governments.
While Democrats will hold a technical majority in both chambers of Congress, Biden could still face an uphill battle in getting these relief measures passed. Parts of the plan have already been popular among Democrats, including raising the minimum wage and expanding sick and medical leave. But at least one senator — Joe Manchin, a moderate Democrat of West Virginia — has signaled reluctance to tack on to the national debt through large direct payments.
If he and others defect, it would complicate Biden's efforts to swiftly put money in Americans' pockets. The Senate will be split with a 50-member Democratic caucus and a 50-member Republican caucus. As vice president, Kamala Harris will have the tiebreaking vote.
During his campaign, Biden made tackling COVID-19 and the economic hardships it had put on Americans a core pitch to voters.
He has described recent $600 coronavirus relief checks as a "down payment" and said he would push to see Americans receive an additional $1,400 payout.
Biden is rolling out his plan in a speech around 7 p.m. ET. Watch Biden's remarks live here:
More than 385,000 Americans have died from coronavirus-related illness, and as many U.S. hospitals once again have reached crisis levels in capacity for aiding those affected by the virus.
Biden has pushed the importance of getting as many Americans as possible vaccinated from the virus. His plan includes launching community vaccination centers and mobile vaccination units in more remote areas, as well as increasing funding for more testing.
The president-elect has also said he will urge the country to wear masks for the first 100 days of his presidency. Wearing masks is a practice public health officials advocate in slowing the spread of the virus but one that had become a political issue during President Trump's tenure in the White House.
Biden hopes these relief options will help stabilize the U.S. economy and reopen a number of sectors that have had to shutter in full or in part as a result of the virus. Also a priority is American schools, which have struggled to adequately tackle the virus, adding an additional strain to working families during the pandemic.
The president-elect, who will be inaugurated next Wednesday, views this package as a first step in his administration's coronavirus plan and is expected to outline a recovery plan in the coming weeks.
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January 15, 2021 at 05:00AM
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