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Biden Unveils $1.9T COVID, Economy Plan01/15 06:55
President-elect Joe Biden has unveiled a $1.9 trillion coronavirus plan to
end "a crisis of deep human suffering" by speeding up vaccines and pumping out
financial help to those struggling with the pandemic's prolonged economic
fallout.
WILMINGTON, Del. (AP) -- President-elect Joe Biden has unveiled a $1.9
trillion coronavirus plan to end "a crisis of deep human suffering" by speeding
up vaccines and pumping out financial help to those struggling with the
pandemic's prolonged economic fallout.
Called the "American Rescue Plan," the legislative proposal would meet
Biden's goal of administering 100 million vaccines by the 100th day of his
administration, and advance his objective of reopening most schools by the
spring. On a parallel track, it delivers another round of aid to stabilize the
economy while the public health effort seeks the upper hand on the pandemic.
"We not only have an economic imperative to act now --- I believe we have a
moral obligation," Biden said in a nationwide address Thursday. At the same
time, he acknowledged that his plan "does not come cheaply."
Biden proposed $1,400 checks for most Americans, which on top of $600
provided in the most recent COVID-19 bill would bring the total to the $2,000
that Biden has called for. It would also extend a temporary boost in
unemployment benefits and a moratorium on evictions and foreclosures through
September.
And it shoehorns in long-term Democratic policy aims such as increasing the
minimum wage to $15 an hour, expanding paid leave for workers, and increasing
tax credits for families with children. The last item would make it easier for
women to go back to work, which in turn would help the economy recover.
The political outlook for the legislation remained unclear. In a joint
statement, House Speaker Nancy Pelosi and Senate Democratic leader Chuck
Schumer praised Biden for including liberal priorities, saying they would move
quickly to pass it after Biden takes office next Wednesday. But Democrats have
narrow margins in both chambers of Congress, and Republicans will push back on
issues that range from increasing the minimum wage to providing more money for
states, while demanding inclusion of their priorities, such as liability
protection for businesses.
"Remember that a bipartisan $900 billion #COVID19 relief bill became law
just 18 days ago," tweeted Sen. John Cornyn, R-Texas. But Biden says that was
only a down payment, and he promised more major legislation next month, focused
on rebuilding the economy.
"The crisis of deep human suffering is in plain sight, and there's not time
to waste," Biden said. "We have to act and we have to act now."
Still, he sought to manage expectations. "We're better equipped to do this
than any nation in the world," he said. "But even with all these small steps,
it's going to take time."
His relief bill would be paid for with borrowed money, adding to trillions
in debt the government has already incurred to confront the pandemic. Aides
said Biden will make the case that the additional spending and borrowing is
necessary to prevent the economy from sliding into an even deeper hole.
Interest rates are low, making debt more manageable.
Biden has long held that economic recovery is inextricably linked with
controlling the coronavirus.
That squares with the judgment of the U.S. Chamber of Commerce, the most
powerful business lobbying group and traditionally an adversary of Democrats.
"We must defeat COVID before we can restore our economy and that requires
turbocharging our vaccination efforts," the Chamber said in a statement
Thursday night that welcomed Biden's plan but stopped short of endorsing it.
The plan comes as a divided nation is in the grip of the pandemic's most
dangerous wave yet. So far, more than 385,000 people have died of COVID-19 in
the U.S. And government numbers out Thursday reported a jump in weekly
unemployment claims, to 965,000, a sign that rising infections are forcing
businesses to cut back and lay off workers.
Under Biden's multipronged strategy, about $400 billion would go directly to
combating the pandemic, while the rest is focused on economic relief and aid to
states and localities.
About $20 billion would be allocated for a more disciplined focus on
vaccination, on top of some $8 billion already approved by Congress. Biden has
called for setting up mass vaccination centers and sending mobile units to
hard-to-reach areas.
To that end, Biden on Friday announced former FDA chief David Kessler as his
chief science officer for the vaccine drive. Kessler has been advising Biden as
a co-chair of his advisory board on the coronavirus pandemic. A pediatrician
and attorney, he has emphasized the need to ease public concerns about the
safety of the coronavirus vaccines. Confidence in the FDA's review process is
critical to ramping up the effort to vaccinate millions of Americans.
With the backing of Congress and the expertise of private and government
scientists, the Trump administration delivered two highly effective vaccines
and more are on the way. Yet a month after the first shots were given, the
nation's vaccination campaign is off to a slow start with about 11 million
people getting the first of two shots, although more than 30 million doses have
been delivered.
Biden called the vaccine rollout "a dismal failure so far" and said he would
provide more details about his vaccination campaign on Friday.
The plan also provides $50 billion to expand testing, which is seen as key
to reopening most schools by the end of the new administration's first 100
days. About $130 billion would be allocated to help schools reopen without
risking further contagion.
The plan would fund the hiring of 100,000 public health workers, to focus on
encouraging people to get vaccinated and on tracing the contacts of those
infected with the coronavirus.
There's also a proposal to boost investment in genetic sequencing, to help
track new virus strains including the more contagious variants identified in
the United Kingdom and South Africa.
Throughout the plan, there's a focus on ensuring that minority communities
that have borne the brunt of the pandemic are not shortchanged on vaccines and
treatments, aides said.
With the new proposals comes a call to redouble efforts on the basics.
Biden is asking Americans to override their sense of pandemic fatigue and
recommit to wearing masks, practicing social distancing and avoiding indoor
gatherings, particularly larger ones. It's still the surest way to slow the
COVID-19 wave, with more than 4,400 deaths reported just on Tuesday.
Biden's biggest challenge will be to "win the hearts and minds of the
American people to follow his lead," said Dr. Leana Wen, a public health expert
and emergency physician.
The pace of vaccination in the U.S. is approaching 1 million shots a day,
but 1.8 million a day would be needed to reach widespread or "herd" immunity by
the summer, according to a recent estimate by the American Hospital
Association. Wen says the pace should be even higher --- closer to 3 million a
day.
Biden believes the key to speeding that up lies not only in delivering more
vaccine but also in working closely with states and local communities to get
shots into the arms of more people. The Trump administration provided the
vaccine to states and set guidelines for who should get priority for shots, but
largely left it up to state and local officials to organize their vaccination
campaigns.
It's still unclear how the new administration will address the issue of
vaccine hesitancy, the doubts and suspicions that keep many people from getting
a shot. Polls show it's particularly a problem among Black Americans.
"We will have to move heaven and earth to get more people vaccinated," Biden
said.
Next Wednesday, when Biden is sworn in as president, marks the anniversary
of the first confirmed case of COVID-19 in the United States.
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