President-elect Joe Biden outlined his coronavirus vaccination and economic relief plans ahead of his inauguration on January 20.
His economic relief package is expected to cost trillions, people familiar with the plans told CBS News. Elements of the package considered by Mr. Biden to be "critical" include $2,000 stimulus payments for Americans, more money for cities and states to boost their response to COVID-19 and to improve vaccine distribution and provide more funding for schools.
Mr. Biden also wants to see another extension and increase of enhanced unemployment insurance payments, which were extended last month and are currently slated to last until mid-March.
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