[이미지출처=연합뉴스]
[아시아경제 김은별 기자] In connection with the $1.9 trillion (about 2050 trillion won) economic stimulus plan announced by US President-elect Joe Biden on the 14th (local time), the International Finance Center said, “Bigger than expected,” and “passed by Congress without scale down. “You will have a hard time getting it to work.”
The National Finance Center cited the analysis of JPMorgan, Citi, and Goldman Sachs. “The Biden administration will advance the bilateral agreement rather than the mediation procedure, but the settlement of the agreement without scale reduction, etc. will be difficult.” There is a possibility that some issues, such as support, will be promoted as a mediation procedure,” he said.
It is explained that the $1.9 trillion scale is the starting point of the discussion, and some adjustments may be necessary because the amount is large and the differences of opinion between the two parties may be large.
Goldman Sachs said, “Because it is difficult to secure the support of more than 10 Republican lawmakers, the settlement is expected to reach $1.1 trillion in mid-February to mid-March,” he said. Revealed.
I thought there was a possibility that the mediation procedure could be used. It is more likely to be used for the second economic recovery plan, including future tax increases (21% → 25% corporate tax), rather than this stimulus, but it could be applied to this plan if the agreement between the two parties fails. in this case Applicable only to cash payment, expansion of employment support, and minimum wage increase. Discretionary expenditures such as support and health expenditures cannot be adjusted.
The stimulus package announced by Biden-elect included direct cash payments to Americans, increased unemployment benefit subsidies, and extended periods. Biden-elect also announced plans to announce another fiscal stimulus plan in February that focuses on infrastructure investment and climate change response.
Reporter Eun-Byeol Kim [email protected]