2021.03.12 14:36 GMT+8

Biden signs $1.9 trillion COVID-19 relief bill

Updated 2021.03.12 14:36 GMT+8
CGTN

U.S. President Joe Biden signed the $1.9 trillion coronavirus relief package into law at the White House on Thursday, promising checks of up to $1,400 to most Americans, extending unemployment aid and putting funds into COVID-19 vaccination and testing. The relief bill is expected to speed up America's economic recovery, while some economists and critics have warned that it could trigger dangerous inflation and destabilize the world's largest economy.

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