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Joe Biden will seek nearly $2 trillion in COVID relief spending

Joe Biden will unveil a $1.9 trillion COVID-19 relief plan this evening, including money to combat the spread of the virus, vaccinate millions of Americans and provide direct relief to individuals — including an additional $1,400 in cash payments.

Why it matters: Biden’s “American Rescue Plan” will be his opening bid to Congress on the first of two massive proposals requiring approval in the House and Senate. He'll return in February for additional infrastructure spending, as Axios reported and incoming administration officials confirmed.

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