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The 4 measures in the Biden stimulus plan that could put extra cash in your wallet
The 4 measures in the Biden stimulus plan that could put extra cash in your wallet
Joseph Zeballos-RoigJan 21, 2021, 22:20 IST
President Joe Biden waves after being sworn in during his inauguration on the West Front of the U.S. Capitol on January 20, 2021 in Washington, DC.Jonathan Ernst/Getty Images
Biden is pushing a $1.9 trillion stimulus plan that will form the basis of the new administration's negotiations with Congress.
The Biden White House is attempting to move swiftly to address the confluence of economic, health, and political crises.
Some measures that could add cash to people's wallets include new stimulus checks, enhanced unemployment aid, and a $15 minimum wage.
President-elect Joe Biden is inheriting a string of economic, political, and health crises that will test his administration early on.
Biden has said he intends to pursue an ambitious legislative agenda on the economy and infrastructure among other areas during his first year in office. Last week, he rolled out a $1.9 trillion stimulus plan that will form the basis for negotiations with Republicans and Democrats in Congress.
The rescue package is aimed at providing economic relief for individuals, small businesses as well as state and local governments.
Detailed below are four measures in the stimulus proposal that could put extra cash in your wallet.
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$1,400 stimulus checks
Jeff Fusco/Stringer
$400 federal unemployment benefits through September