Thread by @DLCC

Help is on the way! Biden just signed the American Rescue Plan into law, the most progressive piece of legislation in American history. This plan does so much more than people realize so we’re breaking down a bunch of the benefits for the American people. Check it out.
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DIRECT PAYMENTS! The American Rescue Plan will allow more than 85% of American households to receive a direct check of $1,400 per person. The typical family of four making $100,000 will get $5,600 in direct check payments.
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POVERTY ALLEVIATION! The American Rescue Plan will lift 11 million people out of poverty & CUT CHILD POVERTY IN HALF. It will reduce poverty in Asian, Black, & Hispanic communities by 21%, 34%, & 39% respectively.
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UNEMPLOYMENT ASSISTANCE! The American Rescue Plan will extend unemployment benefits through Labor Day & raise the benefits by $300 per week. Without this extension, millions of Americans would have lost their benefits on March 14.
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TAX CREDITS! The American Rescue Plan will expand the Child Tax Credit to the families of 66 million children. The plan will also deliver an expanded Earned Income Tax Credit of up to $1,000 to 17 million low-income workers like cashiers, food preparers, & home health aides.
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HEALTH CARE! The American Rescue Plan makes the biggest improvement in health care affordability since the ACA. It will help more than a million uninsured people gain coverage & significantly reduce insurance premiums for millions of families by up to $600 a month.
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SMALL BUSINESS SUPPORT! The American Rescue Plan has a $10 billion down payment to provide capital to small businesses in economically disadvantaged areas & Black & Brown-owned businesses. It also has $28.6 billion for restaurants.
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CHILD CARE! The American Rescue Plan makes the greatest investment in child care since WWII--$40 billion. This will reduce child care costs for working families, help many women return to the labor force, & rebuild the supply of & increase pay for childcare workers.
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HOUSING! The American Rescue Plan will provide $21.5 billion in emergency rental assistance to keep families in homes. It includes a downpayment of $5 billion on President Biden’s promise to make Section 8 housing vouchers available to every family that needs one.
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FARMERS OF COLOR! The American Rescue Plan has $4 billion in debt forgiveness for Black, Brown, & Native farmers to address longstanding discrimination, including unfair prices, unequal access to govt support, retaliation for civil rights complaints, & outright injustice.
10/13

EDUCATION! The American Rescue Plan allocates over $120 billion in grants to state educational agencies, with 90% allocated to localities to help schools reopen safely. Additionally, any student loan forgiveness passed in the next 5 years will be tax-free.
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PUBLIC HEALTH! The American Rescue Plan allocates $7.5 billion to track, administer, & distribute COVID vaccines. Another $46 billion will go toward diagnosing & tracing coronavirus infections & $2 billion will go toward buying & distributing various testing supplies & PPE.
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STATE & LOCAL AID! The American Rescue Plan will provide $350 billion in assistance to state & local governments to offset budget losses from the pandemic.
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