Biden’s $1.9T stimulus plan faces criticism
OAN Newsroom
UPDATED 4:34 PM PT – Saturday, January 16, 2021
Joe Biden’s massive COVID-19 stimulus proposal is already facing
criticism. The $1.9 trillion American Rescue Plan, which was introduced
on Friday, includes $1,400 stimulus checks, expanded unemployment
benefits and a federal minimum wage increase.
Economist Stephen Moore has deemed the expensive plan as a “Democrat wishlist.”
“This has nothing to do with the pandemic, it’s really the left’s
kind of, playbook that they’ve wanted to pass for 30 years and they
shoved it into a $1.9 trillion dollar bill,” Moore stated.
Moore also warned the proposal would place extra burdens on small businesses.
“Small businesses have been so hammered by the shutdowns,” Moore
said. “We have 12 million Americans who are hired by the restaurant
industry and they are facing a very tough time right now.”
Small business owners have expressed concern about the $15 minimum
wage increase, saying it would force them to shutdown as they’re already
struggling amid the pandemic.
Critics have said that the $350 billion for state and local
governments is meant to bailout Democrat-led areas that have failed to
shore up the economy.
Moore advised the best way to get the economy going is for governors to reopen their states.
