13 days ago | By Business Insider
Vice President-elect Kamala Harris looks on as U.S. President-elect Joe Biden delivers remarks on January 08, 2021 in Wilmington, Delaware.
Chip Somodevilla/Getty Images
President-elect Joe Biden and Vice President-elect Kamala Harris will be sworn into office in front of the US Capitol around 12 p.m. on January 20.
Celebrities Lady Gaga and Jennifer Lopez will perform at the ceremony, Biden's inaugural committee announced on Thursday.
Later that evening, Biden and Harris will speak to the nation via a TV special featuring performances by Justin Timberlake, Jon Bon Jovi, and other...
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13 days ago | By Business Insider
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Sen. Ron Wyden, incoming chair of the Senate Finance committee, opened the door to modifying the Biden stimulus package during congressional negotiations, particularly on unemployment aid.
"I'm going to push hard for what's needed to get people through a very difficult circumstance" Wyden told Insider. "The president-elect served in the Senate, and he knows all of these issues are in negotiation."
Biden is expected to unveil a stimulus package this evening that includes a $1,400 boost to stimulus checks, enhanced unemployment aid, and vaccine funds among other...
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13 days ago | By Business Insider
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President-elect Joe Biden will extend the current pause on the student loan forbearance program on his first day in office, according to his transition official.
Biden supports Congress forgiving $10,000 in student loan debt for each person, but he has not provided a timeframe to do so.
Lawmakers and Biden disagree on whether Biden can use executive powers to cancel student debt.
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President-elect Joe Biden plans to prioritize federal student loan debt forgiveness on the first day of his presidency, but questions still...
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13 days ago | By Business Insider
Demetrius Freeman/The Washington Post via Getty Images
President-elect Joe Biden is expected to expand child benefits in his new economic relief package by providing monthly payments to families with children.
This plan is an addition the Biden's plan to expand the Child Tax Credit, a plan he rolled out in September.
Expanding child benefits is an effort to combat the significant rates of child poverty in the country.
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President-elect Joe Biden is expected to include expanded child benefits in his economic relief package that will be...
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