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“Failure to act … will damage the economy, rub the workforce, reduce growth and increase national debt,” the president-elect said.
US President-elect Joe Biden assured this Friday, December 4 that Americans need help “now”, otherwise “the future will be very bleak”, statements that seek to underline the urgency of a stimulus package for address the covid-19 crisis.
“If we don’t act now, the future will be very bleak. Americans need help and they need help now. And they will need more early next year,” Biden said in a speech from Wilmington (Delaware). after having known the corresponding unemployment data. in November.
Although the unemployment rate dropped from 6.9% in October to 6.7% last month, the president-elect acknowledged that the latest figures indicate “stagnation” in the economy as the US experiences a rebound in cases of the COVID-19.
“Failure to act … will damage the economy, leave scars in the workforce, reduce growth and increase national debt,” said Biden, who will take office on January 20 after defeating Republican Donald Trump. in the elections of November 3.
After months of lockdown, Democratic and Republican leaders in Congress acknowledged that the negotiations received a boost to get a new economic stimulus package with the $ 908 billion proposal presented this week.
Biden was in favor of this plan, but noted that it is “just the beginning” indicating that additional support will be needed throughout 2021 until vaccine distribution can reach the majority of the population.
The $ 908 billion figure is somewhere between the bottom of the Democrats, who control the House of Representatives, of $ 2.4 trillion, and that of the Republicans, who control the Senate, of $ 650,000 million.
Currently, two people lose their lives every minute in the United States, where the total death toll exceeds 277,000 and more than 14 million cases have been recorded since the start of the pandemic, according to the latest figures from Johns Hopkins University. .
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