President Biden on Tuesday signed into law an extension of a pandemic-era loan program designed to help small businesses stay afloat, hailing the legislation as a “bipartisan accomplishment” and crediting lawmakers from both parties during an event at the Oval Office of the White House.
Biden’s focus on the coronavirus comes a day ahead of his planned unveiling of a $2.25 trillion jobs and infrastructure package that could form a cornerstone of his economic agenda.
President Joe Biden is about to drop a lot of policy.

In a Pittsburgh speech Wednesday, Biden will reveal the first part of his “Build Back Better” jobs plan, focused on traditional infrastructure and combating climate change. A few weeks down the road, he’ll reveal a second proposal emphasizing the “care economy,” including extensions of the newly enhanced child tax credit and paid family and medical leave. The twin packages, according to the Washington Post, add up to about $4 trillion in spending, offset by $3 trillion in proposed tax increases on the wealthy and businesses.

Now Democrats just have to figure out how to pass it—and what “it” ultimately will be.

The administration may have come up with its wish list, but the legislative strategy for making it come true is far from determined. No one expects, though, that the process will be as straightforward as the relatively seamless passage of the American Rescue Plan. There, Biden released a proposal for COVID relief, and Democrats in Congress essentially printed it out, tinkered with a few numbers, and moved it along the conveyor belt to completion.

This time, just because Biden is releasing his plan in two separate pieces doesn’t mean it will all be moved in two corresponding bills. Democrats—unless a creative, unprecedented rules interpretation from Sen. Chuck Schumer gets past the Senate parliamentarian, who’s not known for her receptivity to creative, unprecedented rules interpretations—have just one reconciliation bill, which allows them to bypass a 60-vote filibuster, remaining. And they still do not have the votes to eliminate the filibuster.

There’s also an appetite from Democratic centrists in both the House and the Senate to secure a bipartisan package, after having passed COVID relief along party lines in a contentious process. One idea, then, would be to try to cobble together a bipartisan package focusing on the broadly popular elements with a history of bipartisan cooperation, and then dump everything else into a reconciliation bill.

First, if Republicans negotiated an agreement on a major infrastructure package, giving Biden a big bipartisan win, and then watched Democrats pursue everything else they want in a reconciliation bill afterward, they would look like chumps. They’re aware of that. “If they decide to do that as a ploy to lure Republicans in to vote for the easy stuff and then do … the controversial stuff through reconciliation, I don’t think our guys are going take the bait on that,” Senate Minority Whip John Thune told reporters last week.
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Democrats are also straightforward about wanting to pay for infrastructure through tax increases, including increasing the corporate tax rate from 21 to 25 or 28 percent. Republicans consider the 21 percent corporate tax rate, which they lowered from 35 percent in the 2017 Tax Cuts and Jobs Act, their signature legislative accomplishment of the Trump era. As Donald Schneider, a former GOP House Ways and Means Committee staffer, told the Washington Post, “it’s like Republicans saying, ‘We’ll do infrastructure, but pay for it by reversing the Affordable Care Act.’ ” It’s an absolute nonstarter on the Republican side of the aisle.

Now this is a country that works for it's people. Giving out soft loans and grants to small businesses will only make their country's economy improve. Not a president in Nigeria with his wack economic team of senseless people.

please how about the covid19 relief funds abroad, any update?