Joe Biden plans to pump $1.9 trillion into the pandemic-hit US economy
COVID-related activities, including vaccine distribution, will receive $415 billion
$1 trillion will be spent towards household relief
Around $440 billion is set aside for small businesses and communities
Stimulus payment checks will be issued for $1,400
Supplemental unemployment insurance will also increase to $400 a week from current $300 a week
Joe Biden will assume the office on January 20, 2021
