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Biden enacted a $ 1.9 trillion rescue package to help people and boost the economy amid the pandemic after it was approved by the National Assembly.
“This landmark law aims to rebuild the backbone of the country,” US President Joe Biden said Nov. 3, before signing his proposed “American Rescue Plan” bailout package law.
The gigantic bailout bill was previously approved by the Senate and House of Representatives, marking a major victory for Biden in the first months of his term. White House Chief of Staff Ron Klain said the president initially planned to sign the law on March 12, but delayed it shortly after the House of Representatives moved into the White House on the night of March 10.
“We want promotion as quickly as possible,” Klain posted on Twitter.
The bailout bill, the second largest in U.S. history after last year’s $ 2 trillion CARES Act, includes $ 1.4 billion distributed to most Americans, $ 350 billion to state governments. and local and $ 130 billion for schools. The law will also provide $ 49 billion to expand Covid-19 testing, traceability and investigation, as well as $ 14 billion to distribute vaccines.
Biden and his top associates plan to travel across the US to promote the benefits of relief laws, including Pennsylvania and Atlanta. More than 543,000 Americans have died from Covid-19 and approximately 10% of the American population has received two doses of the vaccine.
The aid law was signed a few hours before Biden’s speech marked a year in the United States’ blockade against Covid-19. He plans to speak about what the country has been through over the past year and declare the next period of the government’s reaction to Covid-19. It will also warn people not to return to normal life anytime soon, continue to wear masks, relax society and maintain good hygiene, and discourage states and cities from easing restrictions.
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