Joseph Robinette Biden

Summary

Joseph Robinette Biden American Rescue Plan Fact Sheet (2021)

The American Rescue Plan will change the course of the pandemic and deliver immediate relief for American workers. The plan will build a bridge to an equitable economic recovery and immediately reduce child poverty. In fact, a Columbia University study found that passing the plan will lift more than 5 million children out of poverty this year, cutting the poverty rate by 50%. The bill is one of the most progressive pieces of legislation in history, with more than two thirds of its tax cuts and direct payments going to families making less than $90,000 per year.
Source: Wikisource

Joseph Robinette Biden American Rescue Plan Fact Sheet (2021)

Increase the Earned Income Tax Credit for 17 million workers by as much as $1,000. The top occupations that will benefit are cashiers, food preparers and servers, and home health aides – frontline workers who have helped their communities get through the crisis. Expand child care assistance, help hard-hit child care providers cover their costs, and increase tax credits to help cover the cost of childcare. This is the single biggest investment in child care since World War II. Give families an additional tax credit to help cut child care costs.
Source: Wikisource

Joseph Robinette Biden American Rescue Plan Fact Sheet (2021)

The COVID-19 pandemic and the corresponding economic crisis have undermined the health and economic wellbeing of American workers. Millions of Americans, many of whom are people of color, immigrants, and low-wage workers, continue to put their lives on the line every day to keep the country functioning through the pandemic. And more than 9.5 million workers have lost their jobs in the wake of COVID-19, with 4 million out of work for half a year or longer.
Source: Wikisource

Get perspective with Kwize: daily news enlightened by great literature