CEOs from Google, Zoom and over 150 companies urge Congress to pass Biden stimulus plan
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."
https://www.cnet.com/news/ceos-from-google-zoom-and-over-150-companies-urge-congress-to-pass-biden-stimulus-plan/
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