Biden’s Top Economic Adviser Lays Out Immediate Relief Strategies

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Biden’s Top Economic Adviser Lays Out Immediate Relief Strategies

At a news conference on Friday, President Biden’s top economic adviser, Brian Deese, laid out a strategy for how the administration would deliver aid to individuals and small businesses in order to avoid economic failure.

So the president will ask the Department of Agriculture to consider taking immediate steps to provide nutrition assistance to hard-hit families. First, by increasing pandemic E.B.T. benefits by about 15 percent. This is the program that is aimed at supporting families who traditionally rely on the school lunch program. He will direct his administration to initiate a process, starting today, that would allow him within 100 days to issue an executive order requiring federal contractors to pay at least a $15 minimum wage, and provide emergency paid leave to workers. In previous rounds of relief, too much of the support that has been dedicated to small businesses has left out the smallest businesses, mom-and-pop businesses that don’t have existing connections with a financial institution, and in particular, Black, Latino, Asian and Native American-owned businesses were shut out completely. And a lot of that is because the outreach and communication from the federal government was either unclear or just nonexistent.

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