Ten Things You Need to Know Today: 15 Jan 2021

The Week’s daily digest of the news agenda, published at 8am

1. Biden unveils $1.9tn stimulus

Joe Biden has announced a $1.9 trillion (£1.4 trillion) stimulus plan for the US economy, a week before he takes office. The president-elect’s budget would include $1 trillion for households, with direct payments of $1,400 to all Americans. Describing the effect the pandemic has had on the nation and its economy, he said: “A crisis of deep human suffering is in plain sight and there's no time to waste.”

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