Details of New Stimulus Package Announced in the USA

Details of the new stimulus package in the USA have been announced. Elected US President Joe Biden reported that the package will be $ 1.9 trillion. US elected president Joe Biden, who will take office on January 20, will demand $ 1.9 trillion in emergency funding from the US Congress to mitigate the negative effects of the coronavirus pandemic on the economy. The package announced by Joe Biden includes $ 400 billion for the pandemic support plan, more than $ 1 trillion for checks to be paid directly to citizens, and $ 440 billion to communities and companies. The fact that regulations such as the minimum wage increase and aid to state and local governments, rather than the amount of the package, which are among the priorities of Democrats, is considered a factor that will mitigate the support of the Republicans. This package, which is more than twice the size of the package adopted last month, is worth just under the March 2020 Coronavirus Aid, Support and Economic Security Act (CARES) package. In addition, the size of the $ 350 billion fund planned to be allocated to states and local governments stands out with more than twice the amount of $ 160 billion supported by Republicans at the end of 2020. In the package given at the end of 2020, the amount of checks to be paid directly to citizens was 600 dollars. In Biden's package, this amount was 1,400 dollars. In addition, Biden's package includes raising the minimum wage to $ 15 per hour, allocating $ 130 billion to reopening schools, and continuation of additional unemployment benefits of $ 400 per week until the end of September.