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The NPR Politics Podcast

Can Another $1.9 Trillion Rescue The Economy?

The NPR Politics Podcast

NPR

Politics, Daily News, News

4.524.9K Ratings

🗓️ 15 January 2021

⏱️ 15 minutes

🧾️ Download transcript

Summary

The pandemic is taking an immense toll on the nation: some 4000 Americans die each day. And, in December, another 140 thousand people lost their jobs. President-elect Joe Biden unveiled a pricy relief package meant to take on those outsized crises, suggesting the price of doing nothing is even greater than the cost of the legislation.

This episode: White House correspondent Tamara Keith, White House reporter Ayesha Rascoe, and chief economics correspondent Scott Horsley.

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Transcript

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0:00.0

Hey there, it's the NPR Politics Podcast.

0:06.2

I'm Tamer Keith, I cover the White House.

0:08.4

And I'm Ayesha Rasko, I also cover the White House.

0:11.4

And we have NPR's Chief Economics Correspondent Scott Horsley here with us.

0:16.2

Hey Scott.

0:17.2

Hey Tim, I used to cover the White House.

0:18.7

Indeed you did.

0:19.7

And now you cover the economy, which is convenient.

0:23.0

The time now is 9.39 pm on Thursday, the 14th of January.

0:30.2

And earlier this evening, President-elect Joe Biden outlined an ambitious plan that he

0:35.1

hopes will help the nation make it through the twin crises as he described it of the

0:39.9

coronavirus pandemic and its economic fallout.

0:43.4

He is asking Congress to pass a $1.9 trillion sprawling coronavirus relief package.

0:51.1

And it's not hard to see that we're in the middle of the once in several generations

0:56.1

economic crisis with the once in several generations public health crisis.

1:03.6

The crisis of deep human suffering is in plain sight.

1:08.0

And there's no time to waste.

1:11.0

We have to act, we have to act now.

1:13.8

And Ayesha, you were there in Wilmington with Joe Biden when he made that announcement,

1:18.8

delivered that address.

1:20.1

What should we know about his plan?

1:22.3

So this is, as you said, a really big plan.

...

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