Biden urges Congress to pass coronavirus package, promises more action

At its peak over the summer, expanded federal unemployment benefits funneled some $12 billion weekly into individual bank accounts, money that propped up spending, padded savings and fueled rehiring.

But those benefits are expiring by the end of this year, prompting calls for a more extended safety net while a coronavirus vaccine is rolled out.

β€œRight now, the full Congress should come together and pass a robust package for relief to address these urgent needs,” Biden said as he presented his incoming administration’s economic team.

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