'Bigger, Faster' Biden to Sign Stimulus Bill Today (Comprehensive)

Moved Up One Day from Original Schedule
Emphasizing Swift Response by Recalling Financial Crisis and Obama Administration Mistakes

[Image source=Reuters Yonhap News]

[Asia Economy New York=Correspondent Baek Jong-min] U.S. President Joe Biden is scheduled to sign the $1.9 trillion stimulus bill a day earlier than planned, on the 11th (local time).

White House Chief of Staff Ron Klain announced that President Biden will sign the stimulus bill on this day, one day ahead of the original schedule.

Klain explained the schedule change by saying, "The President wants to move as quickly as possible."

President Biden plans to sign the bill before his national address at 8 p.m. on the same day, marking one year since the declaration of the COVID-19 pandemic.

The New York Times reported that the speech is expected to actively promote the stimulus bill. President Biden also plans to actively publicize the stimulus measures by visiting Pennsylvania next week.

The Times noted that the Biden administration is mindful of the experience during the Obama administration, when the limited scale of stimulus policies in response to the financial crisis delayed economic recovery.

This content was produced with the assistance of AI translation services.