From our partners at National Retail Federation:
Last week, now President Biden unveiled a $1.9 trillion economic relief package. The top-line points are that the plan will deliver critical economic relief by (1) establishing and funding a national vaccination program, (2) delivering immediate relief to working families through $1,400 stimulus checks in addition to the $600 already enacted in December, and (3) supporting struggling communities that have been hard hit by COVID-19.
Many of the specific provisions appear to follow the approach of the House-passed HEROES Act from last summer. The transition team provided a Fact Sheet and a One-Page Summary that provided the details of the package. NRF issued a statement on the Biden proposal, which can be viewed here.
