U.S. President-elect Joe Biden unveiled a $1.9 trillion stimulus package proposal on Thursday, saying in prime-time remarks that bold investment was needed to jump-start the economy and speed up the U.S. response to the coronavirus pandemic.
Biden campaigned last year on a promise to take the pandemic more seriously than President Donald Trump, and the package aims to put that pledge into action with an influx of resources for the coronavirus response and economic recovery.
"A crisis of deep human suffering is in plain sight, and there’s no time to waste," Biden said on Thursday evening. "We have to act and we have to act now."