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President-elect Biden to unveil $1.5 trillion stimulus package proposal

4 days ago   |   By Wood TV

WILMINGTON, Del. - President-elect Joe Biden will unveil a stimulus package proposal on Thursday designed to jump-start the economy during the coronavirus pandemic with an economic lifeline that could exceed $1.5 trillion.
Biden plans to announce his plans for coronavirus vaccine rollout and economic recovery in a televised address Thursday.
The incoming administration will work with Congress on a quick stimulus package after Biden takes office on Jan. 20. The stimulus package has a price tag above $1.5 trillion and includes a commitment for $1,400 stimulus checks, according to a source...
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Biden Plan with $2,000 Stimulus Checks Expected to Include Expanded Child Tax Credit

Biden Plan with $2,000 Stimulus Checks Expected to Include Expanded Child Tax Credit

4 days ago   |   By Who TV

WASHINGTON - All eyes will be on President-elect Joe Biden on Thursday evening as he rolls out his coronavirus relief package, which is expected to include the largest stimulus check yet of $2,000 for most Americans.
While that will certainly provide relief, the proposal is also expected to include a significant expansion of an existing tax credit for children. That component is designed to provide targeted relief for poor and middle-class households.
The plan was first reported by The Washington Post. The reporting said a figure hadn't been determined but was expected to be similar to a...
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