Biden to unveil trillions in pandemic economic relief spending next week


U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, U.S. - Reuters

WILMINGTON, Del.: U.S. President-elect Joe Biden said Americans need more economic relief from the coronavirus pandemic now and that he will deliver a plan costing "trillions" of dollars next week.

Biden, introducing several members of his economic team, spoke on Friday after data showed the U.S. economy lost jobs for the first time in eight months in December as a resurgent COVID-19 pandemic shuttered restaurants and other businesses.

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