American Rescue Plan
On March 11th, President Biden signed the American Rescue Plan into law, a sweeping COVID-19 stimulus bill that will help put money in the pockets of the American people, ensure students can safely return to school, and invest funds that put us on the path towards ending the pandemic.
Key Provisions
- $1,400 Survival cash payments for each taxpayer and each dependent to individuals who make up to $75,000, head of households who make up to $112,000 and couples who earn up to $150,000. The legislation would expand the program to qualify dependents of all ages for survival payments.
- Extends COVID federal unemployment benefits through the first week of September and increases the weekly benefit to $300
- Expands the Earned Income Tax Credit (EITC) to workers without children nearly tripling the maximum credit and extending eligibility to more Americans
- Increases the Child Tax Credit (CTC) to $3,000 per child over 5 and $3,600 per child under 6 and makes the credit fully refundable and advanceable
- Extends access to health care by increasing the Affordable Care Act (ACA) premium tax credits, subsidizing COBRA coverage and health care for unemployed workers who are ineligible for COBRA. Find more information on the COBRA premium subsidy here.
- Extends the paid leave tax credit and makes several reforms including providing an additional 10 days of paid sick leave
Find more information here.
If you weren’t able to attend my town hall, you can watch it here. Find my town hall presentation on the American Rescue Plan here.
American Rescue Plan Wisconsin Fact Sheet
American Rescue Plan General Info
American Rescue Plan and Wisconsin Schools
American Rescue Plan Fact Sheets:
The American Rescue Plan's Impact on AAPI Communities
The American Rescue Plan's Impact on Women
The American Rescue Plan's Impact on Black Communities
The American Rescue Plan's Impact on Latinx Communities
The American Rescue Plan's Impact on Native American Communities
Action Plan Fact Sheets:
Housing Plan
Health Care Marketplace
Food Supply, Agriculture, Rural Communities
Health Care Costs, Insurance, Disparities