8.2 C
New York
Friday, December 3, 2021
HomeWorldBiden appeals to Congress ... "Millions are at risk of losing their...

Biden appeals to Congress … “Millions are at risk of losing their homes”

US President Joe Biden called on Congress to pass the US rescue plan to extend the ban on evictions and mortgage foreclosures to “help millions of Americans preserve their homes.”

Biden said in a tweet on Wednesday: “Let me be clear: Nobody should lose their home amid this epidemic.”

It is reported that Biden was taking advantage of the publication of weak employment data, Friday, to stress that the world’s largest economic power needs the 1.9 trillion bailout package he proposed. Dollars, and a Senate resolution paves the way for approval without the need for the support of Republicans who oppose it.

Employment data published by the Ministry of Labor, Friday, showed that the unemployment rate fell to 6.3 in January, but the economy did not Add 49 thousand new jobs. The report revealed the difficulties that Americans face while trying to deal with the largest outbreak of Covid in the world in their country.

“I will move quickly.”

And Biden said: “I think that the American people are now looking to their government for help, so I will act and I will act quickly.”

On her part, the President said House of Representatives Democrat Nancy Pelosi, they will press for approval of the package as soon as possible. She told reporters after the White House meeting, “We hope to send something to the Senate in two weeks’ time.”

Promote recovery

The Democrats scored a victory in a procedural vote in the Senate in the early hours of Friday morning, clearing the way for the Biden package to pass, which includes a series of measures aimed at promoting the recovery, including aid for small businesses. The unemployed and the money to accelerate the distribution of vaccines to contain the epidemic.

But in an indication of how difficult the path is to pass it, Vice President Kamala Harris decided the result when she cast her vote to pass a resolution that exceeds the opposition of Republicans, who protested On the cost of the package.

Biden played down the criticism, saying, “In my view, the greatest risk is not choosing a package that big.”

In addition, analysts warn that the monthly employment report indicates that the economic recovery is still linked to the severity of the Covid epidemic. “Employment will increase when the restrictions are eased, but the gains will be stronger when the economy can be fully reopened,” said Robella Farooqi of High Frequency. “Until then, generous financial support will provide a safety net for families and businesses.”

Follow World Weekly News on

Leave a Reply

Must Read