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Title: Understanding Bidenís American Rescue Plan
Source: [None]
URL Source: https://www.financialhealth.net/und ... g-bidens-american-rescue-plan/
Published: Jul 18, 2021
Author: staff
Post Date: 2021-07-18 21:30:48 by BTP Holdings
Keywords: None
Views: 44
Comments: 2

Understanding Biden’s American Rescue Plan

Joe Biden began his presidency with a revived plan to handle the economic impact of COVID-19. On March 11th, 2021, President Biden signed the American Rescue Plan Act of 2021 into law. The President had many ambitious goals with his plan. He wanted to:

> Raise the minimum wage to $15 an hour.

> Repeal “right to work” laws.

> Forgive student loan debt.

> Make college free for those making up to $125,000

>Provide health insurance coverage to 97% of Americans over the course of a decade.

> Raise $4 trillion more in tax revenue.

> Expand “Buy American” policies.

> Spend $2 trillion on clean energy.

> Invest $1.3 trillion in infrastructure over the course of a decade.

Understanding The American Rescue Plan

Americans first learned of President Biden’s plan on January 14th 2021 when he officially announced his $1.9 trillion COVID-19 plan of action. On March 11th 2021, he turned that plan into law. It promised $1,400 stimulus checks, vaccination rollouts, an extension of unemployment benefits, and more.

Overall the American Rescue Plan wanted to put funds towards combating the virus, improve social safety, and aid local and state governments. Some of the key parts of the plan are:

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Poster Comment:

If McDonald's paid those kids $15 an hour a Big Mac would cost $10.

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#1. To: BTP Holdings (#0)

You cannot flood America with legal and illegal immigrants and not expect wages to be cut.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2021-07-19   2:45:41 ET  Reply   Trace   Private Reply  


#2. To: Horse (#1)

You cannot flood America with legal and illegal immigrants and not expect wages to be cut.

More workers than jobs? Jobs would be at a premium and scarce.

We have been losing jobs in the town that I live. Many people drive 50 miles just to find work. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2021-07-19   7:56:08 ET  Reply   Trace   Private Reply  


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