President Biden’s $1.9 Trillion COVID-19 Relief Package
Last Thursday, January 14, 2021, President-Elect Biden announced his $1.9 trillion COVID-19 Relief Package to fund state and local governments, health initiatives, schools, child care, workers, and more. The proposal would include $350 billion to help state and local governments, including to support first responders, expand testing, and reopen schools. The proposal would create a national vaccination program, provide funding to expand the health workforce by 100,000 people to conduct outreach and contact tracing, offer $50 billion to expand national testing, and provide $40 billion for supplies. The proposal would include:
- Providing a direct payment to of $1,400 per person, in addition to the $600 provided under the omnibus spending law (Public Law 116-260).
- Expanding emergency paid leave and unemployment programs, while increasing the minimum wage to $15.
- Extending a 15% increase of benefits under the Supplemental Nutrition Assistance Program.
- Expanding tax credits for children and child care and reducing health insurance premiums.
- Offering grants and investment capital to small businesses.
- Providing funding to help victims of domestic violence.
- Dedicating $9 billion for the federal Technology Modernization Fund and $690 million for the Cybersecurity and Infrastructure Security Agency, among activities to remediate the SolarWinds, and cyber attacks.