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🗓️ 8 March 2021
⏱️ 8 minutes
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0:00.0 | Good morning, I'm Charlotte Freeland from the Washington Post, and this is the Daily |
0:06.5 | 202 from Monday, March 8. |
0:11.0 | In today's news, President Biden signs an executive order promoting voting rights on the 56th anniversary |
0:17.0 | of Bloody Sunday. |
0:18.6 | And, the majority leader of the New York State Senate says Governor Cuomo must resign. |
0:29.4 | But first, the big idea. |
0:31.6 | President Biden's stimulus package passed the Senate on Saturday afternoon, and it's |
0:35.6 | a big help for the poor. |
0:37.4 | The Post's Heather Long, Alyssa Fowers, and Andrew Vandamm say the bill represents one |
0:42.5 | of the most generous expansions of aid to the poor in recent history, while also giving thousands |
0:48.2 | of dollars to help American families navigating the coronavirus pandemic. |
0:53.5 | Most of the $1.9 trillion package, known as the American Rescue Plan, will go to low income |
0:59.1 | and middle-class Americans and stay in local governments, with very little funding going |
1:04.0 | toward companies. |
1:05.8 | Economists estimate the plan will boost growth this year to the highest level in decades |
1:10.4 | and reduce the number of Americans living in poverty by a third. |
1:14.4 | This round of aid is likely to be felt quickly by low and moderate income Americans, who stand |
1:19.2 | to receive not just larger checks than before, but money from expanded tax credits, particularly |
1:25.1 | geared towards parents. |
1:26.8 | The plan also includes enhanced unemployment, rental assistance, food aid, and health insurance |
1:32.0 | subsidies. |
1:33.0 | But any ambitious legislation comes with economic and political risk. |
... |
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