Biden proposes allocating around $2 trillion for pandemic measures - TASS

US President-elect Joseph Biden is proposing to allocate about $1.9 trillion for measures to combat the COVID-19 pandemic in the country, stimulate the US economy and provide relief to the population, the plan was published on Thursday.

The document stated that the specified package of measures will help save the US economy and begin to defeat the virus. It was noted that the plan was ambitious but feasible.

About $400 bln of the $1.9 trillion is expected to be allocated directly to the fight against the pandemic. About $1 trillion should be directed to providing assistance to the population, the rest - to stimulate the economy.

According to the plan, direct monthly payments to Americans will increase to $2,000. The document contains a call to raise the minimum hourly wage in the country to $15 and introduce additional benefits.