The American Rescue Plan 

Submitted by ub on Wed, 03/10/2021 - 20:03

Joe Biden promised results for all Americans during his first 100 days is office. POTUS can now say mission accomplished on day 50.

The Democrats alone have passed one of the most significant American economic packages in the history of the USA. 

It is Joe Biden's seventh week in office, and our President is expected to sign massive legislation into effect. The massive piece of legislation will provide payments extend jobless benefits, and offer financial relief to state and local governments, among a number of other initiatives aimed at boosting the economy and inspiring hope as the U.S. stays on course to us past the global pandemic.

The American Rescue Plan delivers $1.9 trillion in critical aid to the most vulnerable communities who are still suffering the worst effects of the COVID crisis. 

It’s the second-largest spending bill ever passed, and once President Biden signs it into law, many Americans’ lives will improve for the better.

  • Hundreds of millions of people will be receiving stimulus checks of up to $1,400 per person, thanks to the ARP.
  • Unemployment still remains at crisis levels. Expanded unemployment benefits were set to expire next week, but the ARP extends them through September.

  • State and local governments need aid if we’re going to continue to contain the spread of COVID19 and reopen safely. The ARP allocates hundreds of billions of dollars to state and local governments to fund things like expanded vaccine distribution, plans for safely reopening schools, public transit, and community development.

  • COVID19 has had an unimaginable toll on American children. The ARP expands the Child Tax Credit to $3,000—and according to experts, more than 93% of children (about 69 million in total) will benefit from this expansion.1 The ARP’s Child Tax Credit is projected to cut U.S. child poverty rates in half.

if Republicans do not like The Democrats economic package, they do not have to cash their stimulus checks, or return them to the USA treasury as soon as they receive them.