Скачать или смотреть Biden Says Covid Stimulus Bill 'Changes the Paradigm' of the U.S. Economy

President Joe Biden said Friday the COVID relief bill he signed into law Thursday changes "the paradigm" and builds an economy that "puts working people first."

Biden made the comments during a White House Rose Garden ceremony celebrating passage of the stimulus bill.

The president said for too long, the U.S. has relied on a so-called trickle-down economic strategy, focusing on the wealthiest Americans.

"For too long it's been the folks at the top," Biden said, adding, "Well, you saw what trickle down does. We've known it for a long time. But this is the first time we've been able, since the (President Lyndon) Johnson administration, or maybe even before that, to begin to change the paradigm."

Biden said some 85 percent of American households will be getting checks from the stimulus bill, some as early as this weekend.

"It's critical to demonstrate that government can function, can function and deliver prosperity, security and opportunity for the people in this country," Biden said.

No Republicans attended the Rose Garden victory lap.

Although White House aides point to polling that shows the package is popular with Republican voters, not a single GOP lawmaker voted for it.

Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm

Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.

To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.

Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: https://cor.us/surveys/27AF30

Connect with us on…
YouTube:    / bloomberg  
Breaking News on YouTube:    / bloombergquicktakenews  
Twitter:   / quicktake  
Facebook:   / quicktake  
Instagram:   / quicktake