STATESIDE STORIES: BIDEN PROPOSES COVID AID »

President-elect Joseph R. Biden proposed last week a $1.9 trillion rescue package to combat the economic downturn in the US and the Covid-19 crisis. “During this pandemic, millions of Americans, through no fault of their own, have lost the dignity and respect that comes with a job and a paycheck,” said Biden. The Biden rescue proposal would be financed entirely through increased federal borrowing and comes from the idea that the virus and the recovery are intertwined.