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Biden announces his $1.9 trillion relief plan, which includes $2,000 stimulus checks - YouTube
Channel: Washington Post
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a growing number of top economists has
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shown
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even our debt situation will be more
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stable
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not less stable if we seize this moment
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with vision and purpose and so tonight
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i'd like to talk to you about our way
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forward a two-step plan of rescue
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and recovery a two-step plan to build a
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bridge
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to the other side of the crisis we face
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to a better
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stronger more secure america tonight
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i'll lay out my first step the american
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rescue plan
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that will tackle the pandemic and get
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direct financial assistance and relief
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to americans who need it the most i will
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lay out our vaccination plan
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to correct course and meet our goal of
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100 million shots at the end of my first
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100 days as president
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this will be one of the most challenging
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operational efforts we have ever
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undertaken as a nation
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we'll have to move heaven and earth to
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get more people vaccinated to create
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more places for them to get
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vaccinated to mobilize more medical
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teams to get shots in people's arms
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to increase vaccine supply and to get it
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out the door as fast as possible
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we'll also do everything we can to keep
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our educators and students safe
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to safely reopen the majority of our k-8
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schools
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by the end of the first 100 days we need
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to make sure that workers
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who have covet 19 symptoms are
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quarantined
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and those who need to take care of their
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family members with 19 symptoms
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should be able to stay home from work
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and still get paid
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this will reduce the spread of the virus
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and make sure workers get the support
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they need to maintain their families
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our rescue plan also includes immediate
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relief to americans hardest hit
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and most in need we will finish the job
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of getting a total of
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two thousand dollars in cash relief to
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people
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who need it the most the six hundred
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dollars already appropriate is simply
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not enough
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we just have to choose between paying
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rent
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and putting food on the table we'll also
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provide more peace of mind for
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struggling families by extending
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unemployment insurance
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beyond the end of march for millions of
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workers
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that means that 18 million americans
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currently run on unemployment benefits
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while they look for work can count on
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these checks continuing to be there
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plus it will be a 400 per week
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supplement
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so people can make ends meet one in
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seven households in america
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more than one in five black and latino
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households in america
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report they don't have enough food to
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eat
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this includes 30 million adults and as
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many as
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12 million children it's wrong
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it's tragic it's unnecessary it's
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unacceptable
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so we're going to extend emergency
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nutritional assistance
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for 30 for 43 million children and their
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families
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enroll in the snap program through the
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rest of this year
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approximately 14 million americans have
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fallen behind on rent
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many at risk of eviction if we don't act
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now
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there'll be a wave of evictions and
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foreclosures in the coming months
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as the pandemic rages on
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this would overwhelm emergency shelters
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increase
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coven 19 infections as people have
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nowhere to go and can't socially
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distance
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next week we'll take action to extend
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nationwide
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restrictions on evictions and
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foreclosures our rescue plan will
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provide flexible grants to help those
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hardest hit small businesses
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survive the pandemic and the low-cost
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capital
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that will help entrepreneurs of all
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backgrounds create and maintain jobs
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plus provide
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the essential goods and services that
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communities depend upon
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direct cash payments extended
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unemployment insurance
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rent relief food assistance keeping
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essential front-line workers on the job
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aid to small businesses these are the
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key elements to the american rescue plan
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that would lift 12 million americans out
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of poverty
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and cut child poverty in half you know i
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know what i just described does not come
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cheaply
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but failure to do so will cost us dearly
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the consensus among leading economists
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is we simply can't
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not afford not to do what i'm proposing
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independent respected institutions from
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around the world from the federal
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reserve
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to the international monetary fund have
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underscored the urgency
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even wall street firms have reinforced
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the logic
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if we invest now boldly smartly
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and with unwavering focus on american
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workers and families
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we will strengthen our economy reduce
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inequity
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and put our nation's long-term finances
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on the most sustainable course
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so come wednesday we begin a new chapter
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the vice president-elect and i will do
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our best to meet all the expectations
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you have for the country
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and the expectations we have for it i'm
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confident
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i am truly confident together
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together we can get this done
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and come out better off than when we
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went into this crisis
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god bless you all and may god protect
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our troops
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