PRESIDENT Joe Biden has outlined a $1.9 billion plan to expand the ability of the coronavirus to hit, boost jobs and restart America’s stalling economy.
Ambitious person new spend bid announced in 2020, at a pivotal time for the world’s largest economy.
What is Joe Biden’s plan to rescue Americans?
By increasing the payments to $2,000, the Biden administration says it will help struggling families meet basic needs and support local businesses.
Biden’s initial proposal to pour $1.9 billion into the economy is part of his approach that he hopes will lead to a record-time boost in jobs and spending. Covid recession pandemic.
The bill was passed in March 2021, and in addition to including a $1,400 stimulus check, it expands to a $300 weekly job insurance increase that runs through September 6, 2021.
Under this measure, the child tax credit was extended for one year, placing $20 billion for Covid-19 immunizations, $25 billion in utilities and rent assistance, and $350 billion in state, local, and tribal relief.
“This historic act is about rebuilding the backbone of this country,” Biden said before signing the law in March 2021.
“And giving the people in this country, the working people, the middle-class people who built this country, a fighting chance.”
Biden’s goal at the start of his presidency was to get 100 million throws on day 100 of the administration, to help stabilize the economy and tackle the pandemic.
“We’re going to have to lobby the world to get more people vaccinated,” Biden said on January 14, 2021.
Biden announced on his 100th day in office that he has not only achieved that goal, but surpassed it with more than 200 million people having received their Covid-19 Vaccine.
What did Joe Biden say about the American Rescue Plan?
The Rescue America Plan includes recommendations for health care, education, labor, and network securityand when Biden took office, he called it “the first step” toward recovery.
“During this pandemic, millions of Americans – through no fault of their own – have lost the dignity and respect that comes with work and pay,” Biden said at the time.
“There’s a real pain that is overwhelming the real economy.”
After announcing his Build Back Better plan, Biden posted on Twitter and said: “We need to address the economic and public health crises we are facing.
“That’s why I’m announcing my Rescue Plan for America.
“Together, we will change the course of the pandemic, build a bridge toward economic recovery, and invest in racial equity.
“We have no time to waste getting this virus under control and building our economy back up.”
- Direct payment in cash
- Long-term unemployment
- Rental relief
- Food support
- Support for small businesses
- Keeping the essential frontline workers on the job
“Those are key elements of my Rescue America Plan,” he added.
When did the plan to rescue the Americans begin?
Biden signed the $1.9 billion coronavirus relief package, otherwise known as the Rescue America Plan, on March 11, 2021.
The bill met with resistance from Republican Partyand early in the debate, House Minority Leader Kevin McCarthy (R-California) states, “This is not a rescue bill; it is not a bill of relief; it is a laundry list of leftist priorities that predate the pandemic and fail to meet the needs of American families. “
Despite the Republican Party’s efforts, the Rescue American Plan was only approved by Democratic Party member in Congress without a Republican vote.
Home Speakers Nancy Pelosi (D-California) spoke shortly before the bill was signed and said, “The Biden Plan to Rescue Americans is about children, their health, their education, [and] economic security of their families.
“This act is one of the most historic and transformative bills any of us will have the opportunity to support.”
Biden released a statement shortly after the bill passed, saying, “For weeks now, an overwhelming percentage of Americans — Democrats, Independents, and Republicans — have made it clear that they support the bill. for the American Rescue Plan.
“Today, with final passage in the House of Commons, their voices have been heard.”
What is Joe Biden’s plan to rescue America?
Joe Biden is proposing a $1.9 billion plan to boost America. Here is the overview:
$15 billion in funding for more than a million small companies that have been hit hard by the pandemic, as well as other aid.
STATE AND LOCAL GOVERNMENT
$350 billion in emergency funding for state, local and territory governments to help frontline workers.
$9 billion to modernize information technology systems at federal agencies.
$130 billion for K-12 schools to help them reopen safely.
Public colleges and universities will receive $35 billion to cover pandemic-related costs.
The federal minimum wage will be increased to $15 per hour from the current $7.25 per hour.
CHILD CARE TAX CREDIT US
Child care tax credit will be extended for one year, to cover half of child care costs up to $4,000 for one child and $8,000 for two or more for families earning less than $125,000 a year.
The stimulus check is $1,400 each in addition to the $600 check that Congress passed in December 2020.
A $20 billion national program to establish community immunization centers across the United States and send mobile units to remote communities.
An additional $50 billion will expand testing efforts and help schools and governments implement routine testing.
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https://www.the-sun.com/news/2143780/what-joe-bidens-american-rescue-plan/ What is Joe Biden’s plan to rescue Americans?