WASHINGTON (Reuters) – President Joe Biden said Friday that the US economic crisis is deepening and that the government must take important action now to help Americans in need.
The government must act “boldly and boldly” to help Americans who are seeing their wages cut and are “barely holding on,” Biden told the White House as he introduced his economic relief plan for the coronavirus.
Biden said his $ 2 trillion economic relief plan to tackle the devastating effects of the coronavirus pandemic has support from business, work, Wall Street and Main Street.
“A lot of America is suffering. The virus is growing. … Families are suffering from hunger. People are at risk of being evicted. Job losses are rising again. We have to act. No matter how you look at it, we have to act, “Biden said as he prepared to sign a series of enforcement actions.
“If we act now, our economy will be stronger in both the short and long term.”
Reporting by Nandita Bose; Written by Doina Chiacu; Editing by Chizu Nomiyama and Aurora Ellis