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Biden says economic package will be in the trillions of dollars

U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, U.S., January 8, 2021. REUTERS/Kevin Lamarque

WASHINGTON (Reuters) - U.S. President-elect Joe Biden said his administration’s economic package will be in the trillions of dollars and include unemployment insurance and rent forbearance.

“It is necessary to spend the money now,” Biden told reporters. “The answer is yes, it will be in the trillions of dollars, an entire package.”

Reporting by Trevor Hunnicutt; Writing by Doina Chiacu; Editing by Rosalba O’Brien

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