Biden's $1.9 trillion stimulus plan includes another round of checks, boosted unemployment

President-elect Joe Biden and Vice President-elect Kamala Harris.
(Image credit: Chip Somodevilla/Getty Images)

President-elect Joe Biden released details on his $1.9 trillion coronavirus stimulus plan on Thursday. The plan includes several priorities sought by Biden's fellow Democrats, including boosting the $600 direct relief payments already going out to most Americans, and extending increased unemployment insurance. It also includes plans for accelerating vaccine distribution, boosting testing capacity, and reopening schools.

Both Democrats and President Trump pushed to put $2,000 stimulus payments in the smaller bipartisan coronavirus relief bill passed at the end of 2020. Biden wants to send $1,400 more to Americans to reach that $2,000. Biden's bill would also include a range of tax credit increases for families, allowing parents to claim up to $3,000 for each child under 17, as opposed to the current $2,000. And while the December package extended expiring unemployment programs, Biden's bill would boost unemployment payments by $400 each week through September.

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