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President Biden Delivers Remarks and Signs Executive Orders - YouTube
Channel: The White House
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good afternoon folks vice president
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harris and i just received a briefing
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from our economic team
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and we remain in a once in a century
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public health crisis
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that's led to the most unequal job and
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economic crisis
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in modern history and the crisis
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is only deepening it's not getting
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better it's deepening
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yesterday we learned that 900 000 more
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americans file for unemployment
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900 000. they joined millions of
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americans who through
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no fault of their own have lost the
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dignity and respect that comes
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with a job and a paycheck so many of
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them never thought they'd ever be out of
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work in the first place and just like my
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dad did when
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he was used to lie awake at night when i
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was a kid
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staring at the ceiling unable to sleep
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because he worried about whether or not
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he's about to lose his health care
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or whether we were going to have the
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money to pay the mortgage because of the
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economic circumstances
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and now a lot of these folks are facing
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eviction
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are waiting hours in their cars
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literally hours in their cars waiting to
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be able to feed their children as they
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drive up to a food bank
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it's the united states of america and
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they're waiting to feed their kids
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folks who are able to still keep their
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job many have
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seen their paychecks reduced and they've
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they're barely
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hanging on and wondering what's next
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sometimes the anxiety about what's going
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to happen next is more consequential
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than what actually happened
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but this is happening today in america
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and this cannot be who we are as a
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country
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these are not the values of our nation
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we
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can not will not let people go hungry
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we cannot let people be evicted because
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of nothing they did themselves
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they cannot watch people lose their jobs
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and we have to act we have to act now
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it's not just to meet the moral
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obligation to treat our fellow americans
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with the dignity respect they deserve
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this is an economic imperative a growing
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economic consensus that we must act
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decisively and boldly
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to grow the economy for all americans
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not just for tomorrow but in the future
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there's a growing course of top economic
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top economists
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that agree that at this moment of crisis
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with this with the interest rates as low
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as they are historic lows
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it is smart fiscal investment
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including deficit spending and they're
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more urgent than ever
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you know and that return on these
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investments and jobs and
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racial equity is going to prevent
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long-term economic damage and benefits
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that are going to far
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surpass their cost if we don't act the
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rest of the world is not standing still
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in terms of the competitive advantage of
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the competitive possibilities
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relative to us that our debt situation
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will be more stable or not less stable
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according to these economists and that
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such investments on our people is going
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to strengthen our economic
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competitiveness
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as a nation and help us out compete our
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comp on competitors
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in the global economy because we're
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going to grow the economy with these
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investments
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while the covet 19 package that passed
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in december was the first step
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as i said at the time it's just a down
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payment
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we need more action and we need to move
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fast
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last week i laid out a two-step plan
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of rescue and recovery to get through
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the crisis
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and to a better and stronger and more
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secure america
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the first step of our american rescue
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plan is a plan to tackle the pandemic
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and get direct
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financial relief to americans who need
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it the most
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you know in just a few days it's just
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just been a few days since outlined this
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plan it's received bipartisan support
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from a majority of american mayors and
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governors
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businesses and labor organizations have
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together
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welcomed it as an urgent action that's
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needed
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even wall street firms have underscored
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its importance
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in fact an analysis by moody's estimates
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that
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if we pass our american rescue plan the
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economy would create
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7.5 million jobs just in this year alone
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that would be on the way to the more
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than 18 million i think is 18 million
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600 000 jobs that they believe would be
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created over the four year period with
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our build back better
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recovery plan and with our american
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rescue plan
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our economy would return to full
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employment a
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full year faster than without the plan
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even president trump's
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president trump's now not some liberal
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organization
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president trump's top former
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economic adviser kevin hassett said
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quote
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he absolutely is in favor of this rescue
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plan
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this almost doesn't have a partisan
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piece to it
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we're seeing the support because this
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plan takes a step
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that we so urgently need more than just
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a step number steps
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it funds big parts of the covet 19
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national strategy that i released
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yesterday we released yesterday
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our national strategy puts on us on a
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war footing
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to aggressively speed up our covet 19
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response especially on vaccines and
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testing
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and reopening our schools i found it
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fascinating
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yesterday the press asked the question
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is uh
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you know 100 million enough a week
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before they're saying biden are you
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crazy you can't do 100 million in a 100
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days
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well we're going to god will he not only
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do 100 million we're going to do more
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than that
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but this is we have to do this we have
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to move
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the american rescue plan also includes
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economic relief for most americans who
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are in need
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we're going to finish the job of getting
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a total of two thousand dollars in
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direct payments to folks
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six hundred dollars which has already
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passed is simply not enough
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if you still have to choose between
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paying your rent putting food on the
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table
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we'll extend unemployment insurance
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benefits for millions of workers beyond
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the deadline that's now said
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it means that 16 million americans who
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are currently relying on unemployment
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benefits while they look for work
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can count on these checks continuing to
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be there in the middle of this crisis
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the american rescue plan also addresses
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the growing housing crisis in america
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approximately 14 million americans 14
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million
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have fallen behind on rent and many
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risk eviction if we fail to act
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there will be a wave of evictions and
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foreclosures in the coming months
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on as this pandemic rages on because
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there's nothing we can do to change the
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trajectory of the pandemic
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in the next several months
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so look this would overwhelm emergency
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shelters increase covet 19
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infections as people have to have
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nowhere to go and are socially
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can socially distance the american
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rescue plan
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asked congress to provide rental
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assistance for millions of hard-hit
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families and tenants
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this will also be a bridged economic
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recovery for countless mom and pop
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landlords who can't afford not to have
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the rent but they can't
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wait so on inauguration day
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i directed my administration to extend
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nationwide
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restrictions on evictions and
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foreclosures
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these crises are are straining the
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budgets of states and cities and tribal
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communities
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that are forced to consider layoffs and
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service reductions
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among essential workers police officers
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firefighters first responders
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nurses they're all at the risk of losing
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their jobs
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over the last year more than six hundred
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thousand
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educators have lost their jobs in cities
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and towns
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the american rescue plan will provide
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emergency funding to keep these
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essential workers on the job and
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maintain essential services
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look it will also help small businesses
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that are
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the engines of our economic growth when
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you say small business most people
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think the major corporate entities are
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the ones that hire everybody
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these small businesses are the glues
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that hulk and they're important but
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these small businesses hold
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the community that glued the whole these
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communities together
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they are hurting badly and they account
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for nearly half
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of the entire u.s workforce
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only half our rescue plan will provide
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flexible grants
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to help the hardest his small businesses
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survive the pandemic
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and low-cost capital to help
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entrepreneurs
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of all backgrounds create and maintain
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jobs
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plus provide essential goods and
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services that communities so desperately
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depend on
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look our recovery plan also calls for an
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increase
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in the minimum wage at 15 at least 15
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an hour no one in america should work 40
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hours a week
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making below the poverty line
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15 gets people above the poverty line
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we have so many millions of people
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working 40 hours a week working
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and some with two jobs and they're still
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below the poverty line
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our plan includes access to affordable
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child care that's going to enable
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parents particularly women to get back
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to work
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millions who are not working now because
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they don't have that care
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all told the american rescue plan would
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lift 12 million americans out of poverty
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and cut child poverty in half
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that's five million children lifted out
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of poverty
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our plan reduced poverty and the black
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community by one-third
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reduced poverty in hispanic community by
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almost 40 percent
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i look forward to to working with
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members of congress of both parties
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to move quickly to get this american
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rescue plan to the american people
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and then we can move with equal urgency
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and bipartisanship to
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the second step of our economic plan to
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build back better the recovery plan
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it's a plan that's going to make
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historic investments in infrastructure
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manufacturing innovation
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research and development and clean
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energy and so much more that's going to
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create millions more jobs
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good paying jobs not minimum wage jobs
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while we work with members of both
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parties in the congress
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there are steps that we can and must
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take right now
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for example on inauguration day i
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directed my administration to pause
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student loan repayments for interest for
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amer
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the the interest payments for americans
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with federal student loans
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until at least september
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so they're not going to have to pay
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until september they still pay the bill
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at the stands now
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but there will not a accrue interest and
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they don't have to pay
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begin to pay until september and we may
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have to look beyond that i might add
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today i'm signing an executive order
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that directs the whole of government
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a whole government effort to help
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millions of americans who are badly
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hurting
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requires all federal agencies to do what
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they can do
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to provide relief to family small
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business and communities
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and in the days ahead i expect agencies
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to act
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let me touch on two ways this action can
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help change americans lives
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we need to tackle the growing hunger
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crisis in america
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one in seven households in america one
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in seven
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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 do not have enough food to
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eat
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that includes nearly 30 million adults
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and as many as 12
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million children and again they're in
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this speci
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in this situation through no fault of
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their own
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it's unconscionable the american rescue
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plan provides additional emergency food
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and nutrition assistance
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for tens of millions of children and
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families to address this crisis
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but families literally can't wait
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another day
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as a result of the executive order i'm
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going to shortly sign it
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the department of agriculture will
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consider taking immediate steps
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to make it easier for the hardships
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families to enroll and claim more
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generous benefits
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in the critical food and nutrition
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assistance area
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this can help tens of millions of
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families especially those who can't
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provide meals for their kids
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who are learning remotely at home are
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not receiving the regular
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meal plans that they have at school for
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breakfast or lunch
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it's gonna also we also need to protect
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the health and safety of the american
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worker
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right now approximately forty percent of
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households in america have at least one
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member
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with a pre-existing condition just
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imagine
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you're out of work through no fault of
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your own you file for unemployment while
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you're looking for a job
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you find one and you get an offer
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but then you find out there's a high
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risk of you're getting infected with
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covet 19
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because of your condition you and your
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loved one
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and you and your loved ones have have
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ever
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even greater risk of death than serious
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illness because of the preexisting
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conditions
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so you turn it down right now if you did
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that
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you could be denied unemployment
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insurance because you're offered a job
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you didn't take it
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it's wrong no one should have to choose
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between their livelihoods and their own
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health
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or the health of their loved ones in the
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middle of a deadly pandemic
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because of the uh the executive order
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i'm about to sign
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i expect the department of labor to
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guarantee the right to refuse unemployed
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employment
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that will jeopardize your health and if
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you do so you'll still be able to
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qualify for the insurance that's a
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judgment the labor department will make
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look there's just two consequential ways
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that
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the action i'm taking today will help
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people in need another
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another way to help approximately 2
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million veterans maintain their
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financial footing
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by pausing federal collections on
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overpayments and debts
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another makes sure that federal
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contractors are receiving taxpayers
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dollars
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provide their workers with the pay and
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benefits they deserve
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these are places where federal tax
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dollars are administered are being
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made available to build things from
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ships to staircases
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and we let out the federal government
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lets the contract
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and we're going to make sure that they
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buy american and are
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made in america and here's another right
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now there are up to eight million people
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that are eligible for direct payments
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from the cares act
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and a relief bill passed in december
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they're entitled to those payments
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but there's not an easy way for those
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folks to assess access them
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so we're making it a priority today to
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fix that problem
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and get the relief they're entitled to
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look i'm going to close and summarize
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this way
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a lot of america is hurting the virus is
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surging we're four hundred thousand dead
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expected to
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reach well over six hundred thousand
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families are going hungry
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people are at risk of being evicted job
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losses are mounting again
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we need to act no matter how you look at
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it we need to act
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if if we act now our economy will be
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stronger
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in both the short and long run that's
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what economists left right and center
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are telling us
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both liberal and conservative will be
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better and stronger across the board
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if we act now we'll be better able to
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compete with the world
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if we act now will be better able to
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meet our moral obligations
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to one another as americans i don't
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believe the people of this country
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just want to stand by and watch their
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friends their neighbors co-workers
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fellow americans go hungry lose their
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homes and lose their sense of dignity
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and hope and respect
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i don't believe that especially in the
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middle of a pandemic
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that's so weakened and wrecked so much
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havoc and caused so much pain on america
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that's not who we are the bottom line is
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this
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we're in a national emergency we need to
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act
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like we're in a national emergency so
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we've got to move
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with everything we've got we've got to
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do it together
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i don't believe democrats or republicans
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are going hungry and losing jobs i
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believe americans
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are going hungry and losing their jobs
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we have the tools to fix it
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we have the tools to get through this we
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have the tools to get this virus under
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control
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and our economy back on track and we
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have the tools to help people
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so let's use the tools all of them use
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them now
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so i'm going to sign this executive
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order let me conclude again by saying
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folks this is one of the cases where
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business
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labor wall street main street
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liberal conservative economists know we
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have to act now
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not only to help people our need now
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but to allow us to be in a competitive
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position worldwide and
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be the leader of the world economy in
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the next year and two and three and
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going forward
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so thank you i'm going to sign this
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executive order
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the first one is the economic relief
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related to coba 19 pandemic
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the second one is protection protecting
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the
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federal workforce
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thank you very much
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i haven't heard the detail of it but i
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do think that uh
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having some time to get a good station
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up and running
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i want to thank the uh the senate for
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passing out our secretary of defense
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looks like our secretary treasurer he
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looks like our secretary of state's in
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place so
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the more time we have to get up and
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running and meet these crises
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the better great thank you guys thank
[1135]
you so much
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