Transition Highlights: Biden Discusses ‘Stalling’ Economy Amid New Hopes on Stimulus

0
29
Credit…Kriston Jae Bethel for The New York Times

President-elect Joseph R. Biden Jr. renewed his calls on Friday for Congress and President Trump “to act and act now” to boost the sagging economic recovery, while expressing confidence that further economic pain will bring lawmakers back to the negotiating table for an additional round of aid after he takes office in January.

Speaking in Delaware, Mr. Biden thanked the Republican and Democratic senators who are attempting to negotiate a $908 billion compromise package for the lame-duck session, saying: “This situation is urgent. If we don’t act now, the future will be very bleak.”

The stimulus proposal under discussion would send nearly $300 billion in new…

Read more…

LEAVE A REPLY

Please enter your comment!
Please enter your name here