Yellen Says $1.9T Relief Plan Could Restore Full Employment By 2022
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The video discusses the COVID relief deal focusing on who should receive direct payments. Treasury Secretary Janet Yellen suggests that American workers earning $60,000 or less should be eligible. President Biden is open to flexibility but hasn't set a specific cutoff. Yellen is optimistic about economic recovery by next year if the package is passed, citing analysis that without it, unemployment could remain high until 2025. The current unemployment rate is 6.3%.
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