Overview of the American Rescue Plan
The $1.9 trillion relief bill, known as the American Rescue Plan, has passed Congress and will head to President Joe Biden for a signature. Highlights of the bill include:
- Small business assistance
- Extended unemployment benefits
- Direct checks to individuals
- Housing assistance
- Emergency paid leave
- Aid to schools and child are
- Tax credits
- Health insurance
While some of the bill was changed during its time in the Senate, it’s largely similar to the initial version passed by the House. However, some key provisions, such as a higher minimum wage, were scrapped amid efforts to pass the bill swiftly.
This article outlines the most relevant provisions included in the bill.