President-elect Joe Biden’s brand-new financial relief strategy, anticipated to be released Thursday, might consist of $2,000 stimulus checks for eligible Americans.

Biden has frequently stated that another stimulus package was a high top priority for his administration. Drumming up support for the brand-new bundle might be much easier when Democrats take control of the U.S. Senate, an occasion that will not take place until Georgia’s new Democratic senators are sworn in this January. Biden said on Monday that he had discussed his brand-new stimulus proposition with members of the GOP, suggesting a desire for bipartisan assistance of the bundle.

” My concern is to get, most importantly, a stimulus bill passed and second of all, once again to restore the economy,” Biden stated. “I’ve been speaking to a few of my Republican colleagues about being able to carry on a second plan quicker than later on.”

While information of the brand-new stimulus plan have actually not been released by Biden’s shift team, some observers expect it to include an extension of increased unemployment payments and funding for the delivery and dissemination of COVID-19 vaccines.

Although Democrats Jon Ossoff and Reverend Raphael Warnock defeated their Republican opponents in Georgia’s unique January election, Georgia Secretary of State Brad Raffensperger has until January 22 to formally accredit the election results. As soon as that occurs, Democrats will hold 50 Senate seats. Vice President-elect Kamala Harris, in her function as President of the Senate, is anticipated to cast any tie-breaking votes which would give Democrats the advantage in the Senate.

joe biden economic stimulus $2,000 checks
President-elect Joe Biden’s economic stimulus plan, which could consist of $2,000 direct payments, is expected to be launched on Thursday.
Chip Somodevilla/Getty

In a January campaign speech on behalf of Warnock and Ossoff, Biden stated their election would speed up the delivery of the $2,000 checks.

Biden warned during a January news conference that his stimulus package would carry a high rate tag. According to Biden, economists have said “we ought to be investing substantial amounts of money right now” to prevent a collapse of the U.S. economy in the future.

If Manchin chooses to vote against Biden’s proposal, then at least one Republican senator would have to side with Democrats in order for Biden’s proposal to pass.

GOP Senators Lindsey Graham of South Carolina and Marco Rubio of Florida both supported the $2,000 direct payments after President Donald Trump asked for the higher stimulus checks in December.

Newsweek reached out to the Biden transition team for remark.


Please enter your comment!
Please enter your name here