Joseph Robinette Biden

“ This includes a Small Business Opportunity Fund to provide growth capital to main street small businesses in economically disadvantaged areas, including minority-owned businesses. Distribute more than $360 billion in emergency funding for state, local, territorial, and Tribal governments to ensure that they are in a position to keep front line public workers on the job and paid, while also effectively distributing the vaccine, scaling testing, reopening schools, and maintaining other vital services. ”

“ Extend current unemployment insurance benefits and eligibility to September 6 (saving 11 million Americans from losing benefits starting in about a week) , provide a $300 per week supplement, and help protect Americans from surprise tax bills on unemployment insurance they received last year. Help Americans stay in their homes by providing emergency aid to cover back rent. ”

“ This will help well over a million uninsured Americans gain coverage. The plan also subsidizes premiums for continuation health coverage (COBRA) . Support communities that are struggling in the wake of COVID-19. Millions of American workers reside in communities that suffered disproportionately in recent months. The Plan provides critical support to these communities. It will: Provide emergency grants, lending, and investment to hard-hit small businesses so they can rehire and retain workers and purchase the health and sanitation equipment they need to keep workers safe. ”

“ State and local employment has fallen by around 1.4 million jobs since the pandemic began including layoffs of 1 million educators, compared to around 750,000 job losses during the Great Recession. Help hard-hit public transit agencies avoid layoffs and service reductions, which disproportionately harm workers who are more likely to be dependent on public transportation. ”

“ Invest about $160 billion to provide the supplies, emergency response, testing, and public health workforce to stop the spread of COVID-19, while distributing vaccines as quickly as possible and addressing racial disparities in COVID-19 outcomes. ”

“ Lower or eliminate health insurance premiums for millions of lower- and middle-income families enrolled in health insurance marketplaces. A family of four making $90,000 could see their monthly premium come down by $200 per month. ”

“ The bill also funds partnerships with restaurants to feed American families and keep workers in the restaurant industry on the job. And, it provides U.S. territories like Puerto Rico additional nutrition assistance funding, in addition to funding to make sure women, infants and children get the food they need to help address food insecurity. Increase the Child Tax Credit from $2,000 per child to $3,000 per child ($3,600 for a child under age 6) and make 17-year-olds qualifying children for the year. ”

“ Give working families a $1,400 per-person check, bringing their total relief payment from this and the December down payment to $2,000. More than 85% of households will receive a check and checks in this bill are bigger than the checks in the CARES Act or in the December bill. ”

“ And the loss of Native elders threatens the sacred preservation of language, tradition, and culture. Tribal governments and Native communities urgently need additional support and assistance from the Federal government. ”

“ This means a typical family of four with two young children will receive an additional $3,200 in assistance to help cover costs associated with raising children. The families of more than 66 million kids will benefit. ”