Joe Biden announces “American Rescue Plan” to pump $1.9 Trillion into Pandemic-hit Economy

Joe Biden
Credits: ABC News

President-elect Joe Biden announced $1.9 trillion package, presented proposal on Thursday for the United States. He said that bold investment was important to stabilize the economy and to escalate the distribution of vaccines to bring the coronavirus under control.

Joe Biden during the US Presidential Elections told that after winning the polls his prime responsibility would be to make vaccines available to the last person of the country. He also promised that he would take pandemic more seriously than Donald Trump. In context of his promises, announcement of $1.9 billion package aims to the pledge into action.

Joe Biden in a prime-time remarks from Delaware said, “A crisis of deep human suffering is in plain sight, and there’s no time to waste. We have to act and we have to act now.” In this package, $415 billion is dedicated to counter the upsurge of coronavirus by rolling out Covid19 vaccines, $1 trillion for the direct relief to the household and $440 billion is dedicated to small businesses and communities hardly hit by the pandemic.

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