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Biden, $1.9 trillion in economic stimulus plan, public opinion mall launched

US President Joe Biden is holding a mask at the CNN Town Hall event held in Milwaukee, Wisconsin on February 16, 2021 (local time). © AFP=News1 © News1 Reporter Dongmyeong Woo

U.S. President Joe Biden has set out to drive public opinion to implement a $1.9 trillion (about 2100 trillion won) economic stimulus plan. The White House hopes that the plan will pass before the unemployment benefits expire in mid-March. The atmosphere is positive so far as the ruling Democratic Party has been prepared to handle the stimulus alone.

According to AFP and CNN, President Biden said “Now is the time to be spending, now is the” at a Town Hall event held in Milwaukee, Wisconsin, hosted by CNN broadcasting on the 16th (hereafter local time). time to go big), and actively persuaded the public about the support plan.

On January 14, when President Biden was elected, the proposal was created under the name of the “America Rescue Plan” with the intent to rebuild the U.S. economy hit by the new coronavirus infection (Corona 19).

Regarding the provision of cash payments of $1,400 (1.54 million won) per person to many Americans, additional payments and extensions of unemployment benefits (up to $100 to $400 and extension from the end of March to September), and expansion of vaccinations and diagnostic tests Funds and other proposals were included.

Normally, the bill requires more than 60 votes in the Senate, but the Democratic Party is planning to handle the stimulus bill according to special budget rules, so the bill can be passed with a majority vote. Democrats now hold a majority in the House and half in the Senate.

As soon as possible, the Democratic Party plans to do its best to pass the House of Representatives first, while a vote is made in the Senate after a vote in the House of Representatives.

Procedurally, it is not easy to pass the stimulus bill, but President Biden is trying to pass the economic stimulus bill by covering the Republican Party as much as possible. While the Republican Party has previously proposed an economic stimulus plan worth 618 billion dollars (about 684 trillion won), President Biden recently met with Democrats as well as Republicans and persuaded this economic stimulus plan.

Through the economic stimulus plan, President Biden seems to be trying to resolve the confusing domestic situation, such as the recent riots at the Capitol and the rejection of the impeachment bill against former President Donald Trump.

US President Joe Biden attends the CNN Town Hall event in Milwaukee, Wisconsin on February 16, 2021 (local time). © AFP=News1 © News1 Reporter Dongmyeong Woo

At the Town Hall event that day, President Biden’s pledge to raise the federal minimum wage per hour from $7.55 (8033 won) to $15 (16,620 won) was once again discussed.

With some Democrats opposing it, President Biden said, “I support a minimum wage of $15. The evidence that the $15 minimum wage does not have a major negative impact on businesses and will benefit workers is weighed in. I believe.” Still, President Biden added, “It’s (still) a controversial issue.”

In addition, President Biden was asked at the Town Hall event that day,’when do we see our lives return to normal?’ and said, “I can’t guarantee, but next Christmas, we will face a completely different situation from today.” Had a positive position.

He also pledged to have enough vaccines available to almost all Americans by the end of July.

President Biden also warned China that human rights abuses would be paid for, while commenting on former President Trump, he said, “Now I’m bored of talking about him anymore.”

On the 18th, President Biden plans to visit Michigan to tour the Pfizer manufacturing facility that is producing the Corona 19 vaccine and communicate with factory workers.

According to an analysis, he chose Wisconsin and Michigan as his first official regional visits after taking office because this was the place that gave President Biden a reverse victory at the end of the election during this presidential election.

AFP said, “It is no coincidence that President Biden chose Wisconsin as the town hall event area. He won this presidential election with just 20,000 votes here against former President Trump. It will appear prominently again in the presidential election.”

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