As @POTUS hits the road, one more morning thread on elements of the American Rescue Plan Act of 2021 that people may not yet fully understand, but will be vital to many lives:
It protects veterans from being targeted by for-profit schools:
- For too long, the law encouraged low quality, for-profit schools to exploit vets and their families
- For years, there have been calls to close the “90/10 loophole” to protect vets
- The ARP finally got it done
- For too long, the law encouraged low quality, for-profit schools to exploit vets and their families
- For years, there have been calls to close the “90/10 loophole” to protect vets
- The ARP finally got it done
It delivers disproportionate benefits to rural America:
- Roughly half of all children living in rural areas will benefit from Child Tax Credit expansions
- One in four childless adults in rural areas will benefit from expanded EITC
- Roughly half of all children living in rural areas will benefit from Child Tax Credit expansions
- One in four childless adults in rural areas will benefit from expanded EITC
It makes healthcare easier and cheaper:
- If you lose coverage bc you lose a job or hours, ARP covers 100% COBRA premiums for 6 mths
- If you're out of work w/out coverage, you get a Silver plan w/$0 premiums. $0.
- 80% of those shopping on exchanges can get plan for $10/mth
- If you lose coverage bc you lose a job or hours, ARP covers 100% COBRA premiums for 6 mths
- If you're out of work w/out coverage, you get a Silver plan w/$0 premiums. $0.
- 80% of those shopping on exchanges can get plan for $10/mth
It delivers debt relief to farmers of color:
- Systematic discrimination has contributed to farmers of color losing 90% of their land
- Pandemic has made things worse, driving up debt
- ARP provides $4B for debt relief; $1B USDA training, land grants & racial equity commission
- Systematic discrimination has contributed to farmers of color losing 90% of their land
- Pandemic has made things worse, driving up debt
- ARP provides $4B for debt relief; $1B USDA training, land grants & racial equity commission
It will help rebuild local economies & hard-hit industries:
- $3B in addtl Econ. Devt. Admin. grants for non-profits & rural areas
- $750M reserved for regions w/ hard-hit travel/tourism sector
- Strengthens EDA’s role under the National Disaster Response Framework
- $3B in addtl Econ. Devt. Admin. grants for non-profits & rural areas
- $750M reserved for regions w/ hard-hit travel/tourism sector
- Strengthens EDA’s role under the National Disaster Response Framework
• • •
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