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Feb 24, 2021 · Bill summaries are authored by CRS. American Rescue Plan Act of 2021. This bill provides additional relief to address the continued impact of COVID-19 (i.e., coronavirus disease 2019) on the economy, public health, state and local governments, individuals, and businesses.
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 ...
- To provide for reconciliation pursuant to title II of S. Con. Res. 5.
- the 117th United States Congress
- COVID-19 Stimulus Package, American Rescue Plan
Mar 10, 2021 · WASHINGTON — The House gave final passage Wednesday to a $1.9 trillion Covid-19 relief package that will deliver $1,400 stimulus checks to millions of Americans, extend enhanced unemployment...
- Stimulus Checks and Jobless Aid
- Cash For Kids
- Vaccines, Funerals, Farmers and Food
- Housing, Amtrak and The Arts
- Schools, Child Care and Student Debt
- Obamacare and Cobra Money
- Restaurants
- State and Local Funding
The bill includes the biggest round yet of direct cash payments: $1,400 for individuals making under $75,000 and $2,800 for married couples making under $150,000. The White House says they'll begin hitting bank accounts "as early as this weekend." Individuals making less than $80,000 or married couples making below $160,000 will get smaller checks....
The bill boosts the child tax credit(currently $2,000) to $3,600 per child under 6 and $3,000 for children ages 6 to 17. It makes the credit fully refundable — meaning people who would otherwise owe less than that in taxes will be paid the credit. And instead of waiting until they file their taxes, the IRS will send the money out in portions, poten...
The bill includes a funding surge to help put vaccine shots in Americans' arms. It includes $14 billion to distribute and administer vaccinations, $48 billion for testing and contact tracing and $50 billion for Federal Emergency Management Agency relief. As part of the FEMA aid, the government will cover costs of "disaster-related" funeral expenses...
The package includes $22 billion in rental assistance, $5 billion in homelessness aid and nearly $10 billion to help homeowners pay mortgages. The bill allocates $1.7 billion for Amtrak, which the organization suggests it will useto bring back furloughed workers and restore long-distance train services. There are also grants to the tune of $86 bill...
The bill includes over $125 billion to help K-12 schools open, with some of the funding targeted at measures that address learning losssince the start of the pandemic. Republicans offered an amendment to require that schools that receive the funding hold in-person classesonce vaccinations are available to teachers, but it failed along party lines. ...
With surprisingly little fanfare, the legislation includes some of the biggest changesto the Affordable Care Act (often referred to as "Obamacare") since President Barack Obama signed it in 2010. The bill boosts subsidies for customers who buy insurance through the ACA, lowering premiums across the board and outright eliminating them on benchmark p...
Restaurants owners have received loans and grants through the Paycheck Protection Program, but a prominent coalition led by celebrity chefs advocated for more targeted relief to help independent bars and restaurants make up lost revenue with fewer requirements on how they spend the money. They got their wish in the new bill, which includes $28.6 bi...
There's a $350 billion pot of cash to help governors, mayors and other local leaders recover lost funds "stemming from the public health emergency." That includes $220 billion for states, territories and tribal governments, in addition to an extra $130 billion for metropolitan cities, localities and counties. The money can be put to a wide variety ...
Mar 12, 2021 · The American Rescue Plan provides $1,400 direct payments to individuals making up to $75,000 annually, $350 billion in aid to state and local governments and $14 billion for vaccine distribution....
- CBS News And Stations
- 4 min
Mar 9, 2021 · President Biden signed the $1.9 trillion coronavirus relief package on Thursday. The colossal bill, known as the American Rescue Plan, allocates money for vaccines, schools, small businesses...
Feb 26, 2021 · WASHINGTON — The House voted early Saturday to pass President Joe Biden's $1.9 trillion Covid-19 relief package, a step to implementing his vision for bringing the pandemic under control just...
