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In his electoral campaign last year, Joe Biden promised that he will boost the US economy "more seriously than Trump." Clearly, he intends to follow this, so yesterday, he presented a proposal in which the government will allocate $ 1.5 trillion to support the economy.
And according to Biden, as soon as he officially takes office, the new administration will start working with the Congress to deliver the incentive.
The package includes a $ 1,400 check obligation, and aside from that, Biden is planning to commit to working with private companies that will vaccinate Americans.
However, impeachment proceedings threaten to delay the start of his term.
On Wednesday, the House of Representatives, led by Democrats, voted to impeach Donald Trump, making him the first US president to be impeached twice. Ten of his fellow Republicans have also joined the Democrats in accusing him of inciting the uprising last week in the Capitol.
In a statement, Biden said, "I hope the Senate leadership will find a way to deal with their constitutional impeachment obligations while working on other pressing matters in this country."
In any case, Biden said last week that the stimulus package would amount "trillions of dollars", as early spending increases would reduce long-term economic damage.
He said that most of the funds will be allocated in accelerating vaccine distribution, along with money to help open schools, help state and local governments to avoid firing teachers, police and medical workers.
Meanwhile, under his rule, Trump has backed up checks for $ 2,000, going through the resistance of his fellow Republicans.
Biden may also face similar disagreements from Republicans, but this may be offset by the control of his fellow Democrats in both the House and the Senate.
Biden's new White House economic adviser, Brian Deese, told Reuters that the president-elect would push for immediate stimulus measures in Congress, and then turn to longer-term health and infrastructure-related economic recovery measures.
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