Stimulus Package Update Cnbc

President elect joe biden on thursday unveiled the details of a 1 9 trillion coronavirus rescue package. The 900 billion stimulus package congress agreed upon sunday night includes more money for nutrition benefits to support vulnerable families struggling amid the coronavirus pandemic. Democrats meanwhile called for at least 2 2 trillion in aid.

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The proposal titled the american rescue plan includes familiar stimulus measures with.

Stimulus package update cnbc. A biden spokesman denies a report that the president elect s advisors have pushed democratic congressional leaders to agree to a smaller stimulus package if it means passing a relief bill this year. Before he agreed to the 900 billion package mcconnell had pushed for about 500 billion in new spending. A person familiar with the transition team s thinking confirmed that biden will try to garner bipartisan.

President elect joe biden is expected on thursday to unveil his long awaited stimulus plan.

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