Joe Biden Usa Washington president pandemic economy Joe Biden Usa Washington

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

Reading now: 439
www.clickorlando.com

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.

Read more on clickorlando.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News