President-Elect Biden presents the “American Rescue Plan”

By Published On: January 18, 2021Categories: Individuals

On January 14, 2021, President-elect Joe Biden outlined a proposed $1.9 trillion dollar deal to help fight the Coronavirus and economic downturn. The main focuses of the proposal were funds to go towards an additional $1,400 direct payment to individuals, mandated paid leave for workers, accelerating the vaccine distribution, safely reopening schools, minimum wage increases, small business assistance, and funds allocated to state and local governments to bridge budget shortages.

Linked below are a few resources that go into more detail regarding this proposed deal:

https://www.nbcnews.com/politics/politics-news/biden-lays-out-1-9-trillion-covid-19-relief-package-n1254334

https://www.usatoday.com/story/news/politics/2021/01/14/biden-covid-relief-package-includes-vaccination-stimulus-checks/4164949001/

https://www.washingtonpost.com/us-policy/2021/01/14/biden-stimulus-covid-relief/

https://www.foxbusiness.com/politics/bidens-coronavirus-relief-proposal

Please reach out to your SDK contact with any questions or concerns you may have regarding the proposed plan.