WASHINGTON, DC – President Joe Biden has scheduled a speech on Monday in which he will announce the measures his government is taking to revitalize the US economy, affected by the COVID-19 pandemic.
Biden is expected to announce the distribution of $ 350 billion, which is part of the funds approved in the latest stimulus package, so that state and city governments can boost their domestic economies in various ways.
The White House said that interested governments must formally request the federal government to receive the funds, which should be used “to boost education and healthcare in communities in need, invest in affordable housing, combat homelessness, and get people to get their jobs back.”
“A key component of the president’s plan is a strong and fair recovery,” said Gene Sperling, the Biden team leader to distribute the stimulus money.
The president will also talk about federal unemployment benefits and childcare assistance, among others.
“The president will announce his next steps to make sure Americans get back to work, including removing some of the barriers that are currently preventing people from safely returning to well-paying jobs, and he will also take steps so that business owners can hire new employees,” said a White House official. For NBC News.
Biden will also talk about the Russian cyber attack on a pipeline that takes gasoline and other fuels from Texas to the northeast.
