American Rescue Plan

Extracted Attributes

• Type

  Economic stimulus bill

• Total Cost

  US$1.9 trillion

• Official Name

  American Rescue Plan Act of 2021

• Alternate Names

  COVID-19 Stimulus Package, American Rescue Plan, ARP Act

• Primary Purpose

  Accelerate recovery from the economic and health impacts of the COVID-19 pandemic and recession

• Child Tax Credit

  Expanded

• Medicaid Expansion

  Incentivized states to expand

• Unemployment Benefits

  $300 billion (extended through Labor Day 2021)

• Allocation for Schools

  $130 billion (for safe in-person instruction)

• Economic Impact (Jobs)

  Resulted in 4 million more jobs

• Social Impact (Poverty)

  Kept millions of children out of poverty

• Direct Stimulus Payments

  To individuals earning $75,000 or less

• EDA Supplemental Funding

  $3 billion (allocated to the U.S. Economic Development Administration across 780 grants)

• Social Impact (Evictions)

  Millions of renters avoided the threat of eviction

• Funding for Rural Hospitals

  $8.5 billion (for diagnosis, testing, or care for COVID-19 patients)

• Economic Impact (GDP Growth)

  Nearly doubled GDP growth

• Support for Small Businesses

  $50 billion

• Funding for Genomic Sequencing

  $1.75 billion (to strengthen and expand activities, analytics, and disease surveillance to identify mutations and develop disease response)

• EDA Coal Communities Commitment

  $551 million (awarded to coal communities, exceeding initial $300 million commitment)

• Affordable Care Act (ACA) Subsidies

  Expanded eligibility

• Allocation for State and Local Governments

  $350 billion

• Relief for Small and Mid-sized Restaurants

  $25 billion

• Allocation for COVID-19 Vaccine Distribution

  $14 billion

Timeline

• The American Rescue Plan package was first proposed. (Source: Wikipedia)

  2021-01-14

• The Financial Services and Education and Labor committees released a draft of the $1.9 trillion stimulus legislation. (Source: Wikipedia)

  2021-02-08

• A portion of the relief package was approved by the House Ways and Means Committee. (Source: Wikipedia)

  2021-02-11

• The House Budget Committee voted 19–16 to advance the bill to the House for a floor vote. (Source: Wikipedia)

  2021-02-22

• The bill passed the House by a vote of 219–212, with all but two Democrats voting for it and all Republicans voting against it. (Source: Wikipedia)

  2021-02-27

• A modified version of the bill passed the Senate by a vote of 50–49. (Source: Wikipedia)

  2021-03-06

• The final amended bill passed the House by a vote of 220–211, with one Democrat (Jared Golden) voting against it alongside all Republicans. (Source: Wikipedia)

  2021-03-10

• President Joe Biden signed the American Rescue Plan Act of 2021 into law. (Source: Summary, Wikipedia)

  2021-03-11

• The American Rescue Plan accelerated the economic recovery throughout the year, resulting in 4 million more jobs and nearly doubling GDP growth. (Source: Web Search (Treasury.gov))

  2021

• Unemployment benefits provided by the Act were scheduled to extend through Labor Day 2021. (Source: Summary, Wikipedia)

  2021-09-06

• The U.S. Economic Development Administration (EDA) announced it had invested its $3 billion in American Rescue Plan funding across 780 transformational projects. (Source: Web Search (EDA.gov))

  2022-09-27

• The City of Kingston, New York, is expected to utilize its $17.3 million in American Rescue Plan funding through this year. (Source: Web Search (EngageKingston.com))

  2026

American Rescue Plan Act of 2021

The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. First proposed on January 14, 2021, the package builds upon many of the measures in the CARES Act from March 2020 and in the Consolidated Appropriations Act, 2021, from December. On February 8, 2021, the Financial Services and Education and Labor committees released a draft of $1.9 trillion stimulus legislation. A portion of the relief package was approved by the House Ways and Means on February 11, setting it up for a vote in the House. The legislation was also approved by the Transportation and Infrastructure, Small Business, and House Veterans Affairs committees. On February 22, the House Budget Committee voted 19–16 to advance the bill to the House for a floor vote. The bill passed the House by a vote of 219–212 on February 27. All but two Democrats voted for the bill and all Republicans voted against the bill. A modified version passed the Senate on March 6 by a vote of 50–49. The final amended bill was passed by the House on March 10 by a vote of 220–211 with one Democrat (Jared Golden) voting against it alongside all Republicans. Biden signed the bill into law on March 11, 2021. The American Rescue Plan Act provided for direct economic stimulus payments to individual taxpayers with incomes of $75,000 or less. The Act also allocated $350 billion in assistance to state and local governments, $14 billion for COVID-19 vaccine distribution, and $130 billion to schools to help them safely re-open for in-person instruction. The Act included $300 billion in unemployment benefits that were scheduled to extend through Labor Day 2021, as well as an expanded child tax credit. In addition, the Act called for the distribution of $50 billion to small businesses and another $25 billion for relief for small and mid-sized restaurants. The Act expanded eligibility for Affordable Care Act (ACA) subsidies and gave states incentives to expand Medicaid.

Web Search Results

• American Rescue Plan Act (ARPA) | EngageKingston.com

  In response to the COVID-19 pandemic, the federal government under President Joe Biden created the American Rescue Plan to provide direct relief to Americans, contain the effects of COVID, and rebuild the economy. Municipalities across the country received financial support to assist in ongoing recovery efforts. The City of Kingston received $17.3 million in American Rescue Plan funding to support its efforts through 2026. [...] In response to the COVID-19 pandemic, the federal government under President Joe Biden created the American Rescue Plan to provide direct relief to Americans, contain the effects of COVID, and rebuild the economy. Municipalities across the country received financial support to assist in ongoing recovery efforts. The City of Kingston received $17.3 million in American Rescue Plan funding to support its efforts through 2026. [...] Skip To Skip to content Jump to navigation Jump to tools Jump to widgets Search Page Outlines IE10 and below are not supported. Google Chrome Mozilla Firefox Contact us for any help on browser support # American Rescue Plan Act (ARPA) Share American Rescue Plan Act (ARPA) on Facebook Share American Rescue Plan Act (ARPA) on Twitter Share American Rescue Plan Act (ARPA) on Linkedin Email American Rescue Plan Act (ARPA) link

• American Rescue Plan's Major Health-Related Funding Provisions

  On March 11, 2021, the President signed into law the American Rescue Plan Act of 2021 (ARP Act)—a $1.9 trillion coronavirus disease 2019 (COVID-19) relief package. This post highlights the health-related provisions of the ARP Act that provide significant funding directly to state/local health care and public health agencies, rural hospitals, home- and community-based services (HCBS) programs, subsidized individual market health coverage programs, and public behavioral health services. Where [...] Funding to State and Local Governments for Genomic Sequencing to Fight COVID-19 Variants. COVID-19 variants comprise an increasingly large share of positive COVID-19 cases and continue to grow in number. The ARP Act provides $1.75 billion to strengthen and expand genomic sequencing activities, analytics, and disease surveillance to identify mutations and develop disease response. Thus far, the federal government has announced $1.7 billion in funding for these purposes, including an initial CDC [...] The ARP Act makes available $8.5 billion in funding nationwide for rural hospitals that provide diagnosis, testing, or care for individuals who have COVID-19 or are suspected of having COVID-19. (Notably, this funding is being provided separately from the Provider Relief Fund established in prior federal COVID-19 relief legislation.) This funding may be used for a variety of purposes, such as leasing properties, setting up temporary structures for treatment activities, retrofitting facilities,

• American Rescue Plan Spending: Recommended Guiding Principles

  Signed into law on March 11, 2021,The American Rescue Plan Act of 2021(“ARPA”) provides $350 billion in additional funding for state and local governments.Please click here for GFOA’s analysis of ARPA. The state funding portion is approximately $195 billion with $25.5 billion distributed equally among the 50 states and the District of Columbia and the remaining amount distributed according to a formula based on unemployment.

• American Rescue Plan | U.S. Economic Development Administration

  ## Partnering with America's Communities to Build Back Better ### 780 Awards Announced Click here to read the American Rescue Plan Fact Sheet (PDF) Click here to read the American Rescue Plan Blog Post Click here to read the American Rescue Plan Frequently Asked Questions EDA ARPA logo On March 11, 2021, President Joseph R. Biden signed the American Rescue Plan into law. This historic legislation was designed to enable all Americans to respond to and recover from the impacts of COVID-19. [...] Under the American Rescue Plan, EDA was allocated $3 billion in supplemental funding to meet the urgent needs of American communities. With deep gratitude to its partners, industry, and communities across the country, EDA is proud to share that across 780 grants awarded through six innovative grant programs, as of September 27, 2022, EDA invested its $3 billion in transformational American Rescue Plan projects. EDA’s American Rescue Plan grant programs include: [...] Additionally, when the American Rescue Plan programs were launched in 2021, EDA committed $300 million to American coal communities through its Coal Communities Commitment. Ultimately, EDA exceeded the commitment and awarded $551 million to coal communities. Please click the logos below for more information on each American Rescue Plan grant program and the Coal Communities Commitment:

• FACT SHEET: The Impact of the American Rescue Plan after One Year

  One year after President Biden signed the American Rescue Plan Act into law, our country is in the midst of one of the strongest periods of economic growth in a century. Enacted during a severe public health and economic crisis, the American Rescue Plan has made a difference in the lives of millions of Americans – expanding access to COVID-19 vaccines and testing, providing economic relief that has kept millions of children out of poverty, preventing evictions and foreclosures, and helping [...] While much work remains to make sure this recovery reaches all Americans and rebuilds our economy stronger than before, the first year of the American Rescue Plan has been a remarkable success. The American Rescue Plan accelerated the economic recovery throughout 2021 and made it more resilient to challenges: one analysis found that the law resulted in 4 million more jobsand nearly doubled GDP growth – and that without it, the United States would have come close to a double-digit recession in [...] A new analysis by Princeton University’s Eviction Lab finds that millions of renters avoided the threat of eviction last year due to the federal government’s serious and unprecedented interventions, in significant part through the American Rescue Plan. The analysis also finds that low-income and majority-Black neighborhoods that typically see a disproportionate share of eviction cases experienced the largest absolute reduction in filings.