The past year saw a lot of changes and happenings that weren’t something we’ve ever seen. The pandemic brought about a lot of changes and unprecedented problems specifically regarding employment and wages, The United States was probably the worst hit, both economically and on the pandemic frontier, during the presidential election 2020 Joe Biden focused on the America Covid-19 Rescue Plan 2021 as one of his major promises.

What is America Rescue Plan 2021

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• The $1.9 trillion COVID relief package includes money to expand health care, extend unemployment benefits and help reopen schools.
• Small businesses will get another infusion of assistance and renters will get a lifeline to stay in their homes.
• The bill includes $130 billion to allow for a return to full-time, in-person teaching at K-12 schools.
• The American Rescue Plan continues earlier efforts to help small – but key – elements of the economy: main street business, landlords, and their tenants.
• The measure also provides $34.2 billion to expand health care subsidies in the first significant expansion of the Affordable Care Act, or Obamacare.
• Under the COVID-19 relief bill, the insurance subsidies for people not covered through an employer or government plans such as Medicare or Medicaid.
• While the $1,400 payments to a broad swath of Americans will generate most of the headlines from Biden’s Covid relief package.
• It’s money to a smaller subset – low-income families with children – that could have the greatest impact
• A proposal to raise the national minimum wage from $7.25 to $15 per hour became a sticking point in the Senate and did not make it into the final version of the bill.

Approval

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Support Of America Rescue Plan 2021

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• Without a doubt, Americans welcomed the plan immediately.
• With 70% of the Americans supporting it along with 41% pf republicans.
• Democrats – who control both chambers of Congress by narrow margins, Largely stuck together and managed to retain most of what was initially proposed.
• America saw the worst health crisis in the last century with unemployment skyrocketing to 6.2%.
• So the majority does not challenge the plan.

Opposition

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• Undoubtedly, Republicans in Congress objected to the bill’s price tag.
• They called for a reduction in the amount paid and argued that people who didn’t lose jobs/income shouldn’t be compensated.
• “House Democrats have abandoned any pretense of unity,”.
• House Republican Leader Kevin McCarthy said on the floor ahead of the vote. He also noted that this bill was the single most expensive bill in the history of the US.
• This marked Joe Biden’s first official legislative victory, and now that the bill has been approved.
• The government has sufficient funds to fight the economic problems created by the pandemic.
• While the implementation and execution will play a large role in deciding the judgment of his first term of presidency.

In conclusion, We hope now you know all about America Covid-19 Rescue Plan 2021.

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