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Coronavirus: Biden says economy “still in trouble,” pushes for $1.9 trillion stimulus plan

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After lackluster jobs data showed the U.S. labor market recovery is stalling, President Joe Biden and his economic team on Friday hammered home the same message in meetings, interviews and television appearances: It's time to get more money out to the economy.

Meeting with top Democrats from the U.S. House of Representatives at the White House, Biden said the United States would not return to full employment at the current pace of job creation for 10 years, underscoring the need for lawmakers to act on his $1.9 trillion pandemic-related aid proposal.

"Our economy is still in trouble," Biden told reporters after the meeting.
Biden's stimulus proposal, which would come on top of about $4 trillion in aid passed by Congress last year, has met resistance mostly from Republican lawmakers who have expressed concerns about the swelling national debt.

But the Democratic president pushed back against Republicans on Friday, saying that what they have proposed instead would not deliver enough help to the economy.

"I believe the American people are looking right now to their government for help, to do our job, to not let them down," he said.

Biden also urged lawmakers to avoid the risk of agreeing on a stimulus package that was too small to meet the urgent needs of the American people, millions of whom remain without jobs nearly a year after the onset of the COVID-19 pandemic.

The Senate worked late into the night on Thursday, with Democrats aiming to overcome opposition to the relief plan. The House was expected to approve a budget measure on Friday that would enable them to push Biden's relief package through Congress without Republican support.

MORE: https://globalnews.ca/news/7617733/biden-coronavirus-stimulus/

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Category
U.S. & Canada
Tags
COVID-19, corona virus, coronavirus update
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