From the FEE (Foundation for Economic Education) newsletter:

Biden Rolls Out Sweeping $1.9 Trillion COVID Package

President-Elect Joe Biden gave a speech last night unveiling his plans for more COVID-19 spending. No one can say they aren’t ambitious.

Here’s what’s in the nearly $2 trillion proposal Biden laid out:

• An additional $1,400 in “stimulus” checks to most Americans upping the recently-passed $600 payouts to $2,000
• Renewal and increase of the unemployment benefits that extend payouts to many new classes of workers through September 2021. Biden’s proposal would add $400 a week in federal payouts on top of existing state-level benefits
• Expansion of the child tax credit and the Earned Income Tax Credit
• Increase in food stamp benefits
• A nationwide $15 minimum wage
• Extension of the federal government’s eviction moratorium
• $350 billion for local, state and tribal governments
• $160 billion for vaccine distribution
• Paid...