U.S. President-elect Joe Biden unveiled a $1.9 trillion COVID-19 rescue package proposal aimed at boosting relief checks and raising the federal minimum wage to help American families recover from the coronavirus pandemic.

Called the American Rescue Plan, the president-elect's proposed emergency legislative package includes $1,400 per-person relief checks for working families, amounting to relief payments of $2,000 per individual when combined with the $600 approved last month. The proposal would also raise the minimum wage to $15 per hour, increase the supplemental unemployment benefit to $400 a week from $300, and extend the moratorium on evictions and foreclosures to the end of September.

Additionally, the proposed rescue package includes $350 billion in emergency funding for state, local and territorial governments, more than doubling the $160 billion that a group of lawmakers had supported as part of a compromise to pass the previous relief measure under the outgoing Trump administration. It also sets aside $170 billion for K-12 schools and higher education, as well as $160 billion for a national vaccination program against COVID-19, expanded testing, and support for public health workers.

Biden, who will be sworn into office next week, is expected to unveil another major spending plan next month, focusing on longer-term goals such as jobs creation and infrastructure.

Outgoing President Donald Trump signed a $900 billion stimulus measure late in December 2020 following months of negotiations between the Democrat-controlled House of Representatives and the Republican-led Senate.