Egypt's HCFI, e& Egypt partner to modernise Carry On consumer complexes    Gold prices dip on Tuesday    Oil prices fall on Tuesday    Egypt begins trial operations at Red Sea Container Terminal as first vessel docks at Sokhna Port    Egypt, Saudi FMs discuss Gaza, Sudan and preparations for Supreme Coordination Council    Egypt moves to roll out 'green label' for plastic products to boost circular economy    As Kyiv weighs neutrality, Kremlin eyes a 'cornerstone' for peace while Europe warns of trap    GAFI witnesses first Polish investment agreement in Egypt's frozen food sector    Egypt, Italy's Eni discuss healthcare partnership to operate two hospitals    'Friends become enemies': Trump's new strategy fractures European unity    Egypt's SPNEX Satellite successfully enters orbit    Madinaty Golf Club hosts charity tournament for Alzheimer's awareness    Egypt health ministry explores expanded TB screening, water surveillance with Clinilab    Egypt unveils restored colossal statues of King Amenhotep III at Luxor mortuary temple    Egyptian Golf Federation appoints Stuart Clayton as technical director    4th Egyptian Women Summit kicks off with focus on STEM, AI    Egypt's PM reviews major healthcare expansion plan with Nile Medical City    Egypt's Cabinet approves development of Nasser Institute into world-class medical hub    UNESCO adds Egyptian Koshari to intangible cultural heritage list    UNESCO adds Egypt's national dish Koshary to intangible cultural heritage list    Egypt calls for inclusive Nile Basin dialogue, warns against 'hostile rhetoric'    Egypt recovers two ancient artefacts from Belgium    Egypt, Saudi nuclear authorities sign MoU to boost cooperation on nuclear safety    Giza master plan targets major hotel expansion to match Grand Egyptian Museum launch    Australia returns 17 rare ancient Egyptian artefacts    China invites Egypt to join African duty-free export scheme    Egypt calls for stronger Africa-Europe partnership at Luanda summit    Egypt begins 2nd round of parliamentary elections with 34.6m eligible voters    Egypt warns of erratic Ethiopian dam operations after sharp swings in Blue Nile flows    Egypt scraps parliamentary election results in 19 districts over violations    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches Red Sea Open to boost tourism, international profile    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



'We can't wait:' Biden to push US Congress for $1.9 trillion in COVID-19 relief
Published in Ahram Online on 24 - 01 - 2021

One of President Joe Biden's top economic aides on Sunday will press Democratic and Republican senators for a fresh $1.9 trillion in coronavirus relief to help struggling Americans and avert a larger economic crisis.
Brian Deese, director of the National Economic Council, said he would speak to the senators as part of a push by the Biden administration to make the case for a large rescue plan.
“We can't wait,” White House spokesperson Karine Jean-Pierre told reporters. “Just because Washington has been gridlocked before doesn't mean it needs to continue to be gridlocked.”
The COVID-19 pandemic has killed more than 417,000 Americans, thrown millions out of work and is infecting more than 175,000 Americans per day, posing an immediate crisis to the Biden administration.
Biden, who took office on Wednesday, campaigned on a promise to take aggressive action on the pandemic, which his predecessor President Donald Trump often downplayed.
The Trump administration lagged far behind its target of 20 million Americans inoculated by the end of 2020. There was no plan in place for how to distribute the vaccine to millions of Americans when Biden took over, White House Chief of Staff Ron Klain said on Sunday.
While Congress has already authorized $4 trillion to respond, the White House argues that another $1.9 trillion is needed to cover the costs of responding to the virus, as well as providing enhanced jobless benefits and payments to households.
“The bottom line is this: We're in a national emergency, and we need to act like we're in a national emergency,” Biden said on Friday before signing executive orders on economic relief.
Though Biden's Democratic Party holds slim majorities in the House and Senate, the legislation will likely need bipartisan support to clear procedural hurdles and emerge from the Senate.
A number of Republicans have already balked at the price tag.
Senator Mitt Romney, a moderate Republican, said he would listen to what the White House had to say, “but the total figure is pretty shocking,” he told “Fox News Sunday.”
“Spending and borrowing trillions of dollars from the Chinese among others is not necessarily the best thing we can do to get our economy to be strong long term,” Romney added.
Senate Majority Leader Chuck Schumer acknowledged the remarks from some Republican leaders have not been positive. He said he hoped they would see the need for the plan after Sunday's meeting.
“But if they don't, there are tools we can use to move forward on our own. And we will,” Schumer told reporters in New York. He said those tools included reconciliation, which allows major legislation to pass the Senate on a simple majority.
Democratic Senator Dick Durbin said he was hopeful for a show of bipartisanship in the Senate. “The object is trying to see if there's an area of agreement we can launch when it comes to this rescue package,” he said on NBC's “Meet the Press.”
The new president has said one of his top priorities would be unifying a bitterly divided country. Trump's tenure drew to a close with his second impeachment by the House of Representatives after supporters stormed the U.S. Capitol on Jan. 6 in a failed attempt to overturn his election loss. Five people died in the violence.


Clic here to read the story from its source.