About $400 billion is expected to be allocated directly to the fight against the pandemic; about $1 trillion should be allocated to help the population, the rest – to stimulate the economy.
The document states that this package of measures will help “save the US economy and begin to defeat the virus.” It is emphasized that the plan is “ambitious but feasible.”
About $400 billion of the $1.9 trillion is expected to be allocated directly to the fight against the pandemic. About $1 trillion should be used to help the population; the rest-to stimulate the economy.
According to the plan, direct payments to Americans will increase to $2 thousand in total. The document calls for an increase to $15 of the minimum hourly wage in the country, introducing additional benefits.
In particular, Biden considers it necessary to allocate $50 billion to expand testing programs for infection with the new coronavirus. According to the Democrat, $130 billion should be allocated to support the safe reopening of schools in the country with the personal presence of students.