More Than 150 Biz Leaders Endorse Biden’s Sweeping COVID Package

President-elect Joe Biden addresses the media about the Trump administration’s lawsuit to overturn the Affordable Care Act on November 10, 2020 at the Queen Theater in Wilmington, Delaware. (Photo by Joe Raedle/Getty Images)

More than 150 business leaders from various industries have signed a letter backing President Joe Biden’s $1.9 trillion COVID-19 relief package, according to CNN.

In the letter, which will be sent to congressional leaders of both parties on Wednesday, top business executives urge lawmakers to “act swiftly and on a bipartisan basis to authorize a stimulus and relief package along the lines of the Biden-Harris administration’s proposed American Rescue Plan.”

“Strengthening the public health response to coronavirus is the first step toward economic restoration,” they write. “The American Rescue Plan mobilizes a national vaccination program, delivers economic relief to struggling families, and supports communities that were most damaged by the pandemic.”

CNN reports that the executives represent the finance, tech, hospitality, real estate, and insurance industries. CEOs at major firms, such as Goldman Sachs, Google, and AT&T, have signed on to the letter.

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