Biden warns of “devastating consequences” if Trump does not sign a stimulus plan – Jornal Económico



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US President-elect Joe Biden warned Saturday of “devastating consequences” for millions of struggling Americans if Donald Trump did not sign, as he threatened, the economic recovery package approved by Congress.

After months of negotiations, U.S. lawmakers approved a $ 900 billion (737.6 billion) economic support plan on Monday, but outgoing President Donald Trump rejected it. , asking, among others, for an increase in direct aid to families.

“This abdication of responsibilities has devastating consequences,” warned Biden, referring in particular to the end, as of today, of unemployment benefits for 10 million people and the financing of state services as of Monday.

“This bill is fundamental, it must be signed to take effect now,” the Democratic president said in a statement, drawing attention to the “economic devastation caused by covid-19.”

The emergency package was included in the spending law to finance the federal administration until September 2021, for a total amount of $ 2.3 billion (€ 1.8 billion).

The most striking points of the stimulus package are the payment of 600 dollars (about 491 euros) to all Americans with incomes below 75,000 dollars (61,000 euros) per year and unemployment benefits of 300 dollars (245.7 euros). ) per week.

It also includes 325 billion dollars (266 billion euros) in aid to companies, 45 billion dollars (36 billion euros) to save public transport systems, 82 billion dollars (67 billion euros). ) for schools and $ 20 billion (€ 16 billion) for the distribution of vaccines against covid-19.

Its entry into force is pending ratification by the outgoing president. An eventual veto by the Republican president will have disastrous consequences for millions of Americans, for small and medium-sized companies and, in particular, for the hotel, restaurant and air transport sectors, whose activity must again be restricted due to the increase in infections . for the new coronavirus.



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