The US President, Joe Biden, considered that the approval of his plan to stimulate the economy in light of the Corona virus pandemic will help the United States to overcome the rest of the countries in economic indicators, especially China.
Biden said, in a speech delivered on Saturday night at the White House: “This will create millions of jobs. We expect 6 million jobs. This plan can increase the volume of total internal production of one trillion dollars, and will contribute to defeating the rest of the world. And the world is not standing in its place.” Especially China. “
Biden noted that the challenge of the United States has never led to anything good, declaring: “We will overcome this (the repercussions of the pandemic). And we will remain the most advanced and successful economy in the world.”
On Saturday, the US Senate approved Biden’s plan to relief the economy from the repercussions of the Corona virus, amounting to $ 1.9 trillion, after a session that lasted overnight and witnessed sharp disagreements between Democrats over unemployment aid and the failure of Republicans to approve about 36 amendments.
The final bill, which now requires approval by the House of Representatives, included $ 400 billion in one-time payments of $ 1,400 for most Americans, unemployment benefits of $ 300 per week for the 9.5 million who lost their jobs in the crisis, and $ 350 billion in aid for state and government governments. Local budgets whose budgets have been affected by the pandemic.
The United States is facing the consequences of the pandemic, coinciding with the escalation of the confrontation with China, which in turn insists that it seeks dialogue to serve the interests of all humanity and does not want to challenge the American side.
Source: Agencies
