Biden adviser says phase-out level for COVID-19 relief checks open to negotiation

Council of Economic Advisers member Jared Bernstein speaks during a press briefing at the White House in Washington, U.S., February 5, 2021. REUTERS/Kevin Lamarque     

WASHINGTON (Reuters) – White House economic adviser Jared Berstein on Friday said the phase-out level for coronavirus relief checks in the Biden coronavirus stimulus plan is open to negotiation.

Bernstein, speaking at a White House briefing, also said the $1.9 trillion price tag on the Biden plan is not too big.

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