CEOs from Google, Zoom and over 150 companies urge Congress to pass Biden stimulus plan
More than 150 CEOs issue a public letter to Congress, asking lawmakers to quickly pass a stimulus bill to deliver relief to Americans.
On Wednesday, more than 150 CEOs issued a public letter to congressional leaders, urging them to pass President Joe Biden's $1.9 trillion COVID-19 relief package to address the health and economic crises brought on by the coronavirus pandemic. CEOs from tech companies including Google, Intel, Zoom, Qualcomm, Zillow, Comcast, T-Mobile, AT&T, Etsy, DoorDash and Lyft signed the letter, through the Partnership for New York City.
"Previous federal relief measures have been essential, but more must be done to put the country on a trajectory for a strong, durable recovery," the letter says. "Congress should act swiftly and on a bipartisan basis to authorize a stimulus and relief package along the lines of the Biden-Harris administration's proposed American Rescue Plan."
The current version of the American Rescue Plan, which the House of Representatives plans to vote on this Friday, includes a third stimulus check for up to $1,400 per eligible American, as well as funding for a national vaccination program and support for the communities most impacted by the pandemic.
"The American Rescue Plan provides a framework for coordinated public-private efforts to overcome COVID-19 and to move forward with a new era of inclusive growth," the letter concludes. "The country's business community is prepared to work with you to achieve these critical objectives."
For more, here's everything to know about Biden's stimulus plan, and how fast the IRS could send out a third stimulus check, if one's approved.