Biden's economic stimulus plan will test vow to work with Republicans - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

South Africa News News

Biden faces a set of massive economic and health crises — and his stimulus plan will test a vow to work with Congressional Republicans

Biden's vow to work with Republicans will be quickly tested with his new stimulus package.

A raging pandemic continues devastating the nation with daily infections and hospitalizations near record levels a year. The official US death tolls hit 400,000 people this week, nearly the same number of Americans killed in combat during World War II. "This is our historic moment of crisis and challenge — and unity is the path forward," Biden said in his 25-minute address on the steps of the Capitol. "We must meet this moment as the United States of America. If we can do that, we will not fail."

"Biden is inheriting among the worst crises a president has stepped into," Jason Furman, a former top economic advisor to President Barack Obama, said in an interview. "But he has the tools to solve it. There are vaccines and we know a lot of the economic medicine that's needed — Congress just has to pass it."last week building on an earlier federal rescue package.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Trump set everything on fire and now it’s gonna be a real challenge for Biden !

American will rise again

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines