UPDATE: Biden Expected to Outline $1.9 Trillion Spending Package - NYT

January 14, 2021 3:21 PM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
(Updated - January 14, 2021 3:30 PM EST)

President-elect Biden is expected to outline a $1.9 trillion spending package to combat the pandemic and its effects, with initial focus on large-scale expansion of the vaccination program and virus testing, according to the New York Times, citing people familiar with the plans.

The first of two bills will be the focus of Thursday's speech and will include $1,400 to complete $2,000 direct payments to individuals and aid to small businesses and local and state governments. He could also call for the first piece of legislation to include an extension of supplemental federal unemployment benefits.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Politics, Rumors, Trader Talk