Biden proposes an additional $400 for unemployment benefits in new stimulus

President-elect Joe Biden has proposed an additional $400 for unemployment benefits as part of the new economic stimulus to mitigate the coronavirus pandemic.

The amount increases by $100 the additional money which is delivered weekly to the unemployed and which was extended in December.

The Cares Act, one of the first stimuli due to the pandemic, came to deliver an additional $600 in unemployment benefits.

new stimulus check

The new stimulus plan proposed by Biden has a total value of $1.9 trillion dollars. It will be put to the consideration of Congress to allocate millions of additional resources for vaccination and covid-19 tests.

The plan includes a round of direct payments of $1,400 to taxpayers. These are added to December’s $600 for a total of $2,000, which was what Democrats have been asking for for months.

Increasing the federal minimum wage to $15 per hour

In the same way, it allocates $160,000 million dollars for the vaccination program in the country, $20,000 million for dose distribution tasksas well as $50 billion for testing.

It also proposes investing $170 billion in schools and higher education institutions, including $130 billion to ensure educational establishments can safely reopen despite the coronavirus pandemic.

The proposal contemplates increasing the federal minimum wage to $15 dollars per hour and stipulates $350 billion dollars in emergency funds for state and local governments, the reports said.

With information from EFE.