Summary List Placement
President-elect Joe Biden presented a $1.9 trillion stimulus plan on Thursday evening, which included $1,400 direct payments, $350 billion in aid to state and local governments, and vaccine distribution funds.
Some billionaires have been advocating for more stimulus packages for months, including Tom Steyer. The former hedge fund manager and liberal activist told Insider that he supports the direct payments included in Biden’s proposal.
“The American people are in desperate need of help and have been for months,” Steyer said via email. “We now have leaders in the White House who respect the dignity and hardship details ⇒
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