Joe Biden Usa Washington president pandemic economy Joe Biden Usa Washington

Rescue aid package may reduce inequality, but for how long?

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WASHINGTON – Democrats have celebrated President Joe Biden’s $1.9 trillion COVID-19 relief plan as a blow against one of America’s most entrenched economic woes: The vast inequality that divides the richest from the rest — a gap made worse by the viral pandemic.

Hailed as the biggest anti-poverty package in generations, the plan delivers huge benefits to low- and middle-income families.

It sends $1,400 checks to most adults and extends $300-a-week unemployment aid for six months. Perhaps most significantly, it greatly expands a child tax credit and turns it into steady income for poor families.

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