AMERICAN RESCUE PLAN
President Joe Biden signed American Rescue Plan (ARP) to provide direct support and relief to the American locals from the federal government to get the economy back to life and fight COVID-19. The pandemic has badly impacted the health and economic condition of American workers.
Around 9.5 million American people lost their jobs during the pandemic days. This Act was initiated to provide immediate relief to workers & their families who have suffered from the pandemic and economic crisis. This is undoubtedly a lifesaving plan for many who were severely affected by unemployment and health issues and helped them secure their lives and enable their children to get back to school safely.
How does the American Rescue Plan Provide Immediate Relief To Families?
Below are some of the direct reliefs ARP provides to American workers:
Provide Health Care Coverage & Health Insurance Premiums
The American Rescue Plan provides health care coverage to those who lost their jobs during the pandemic. It also lowers health insurance premiums for lower to middle-class families. The plan also provides 100% federal continuation health coverage (COBRA) to those individuals whose health deteriorated due to job loss.
Nutrition Facilities for Many
In the wake of the COVID-19 pandemic, most children, women, and seniors lack access to nutritious food. The American Rescue Plan facilitates the deprived with different initiatives to meet the goal of serving food and nutrition to all. They have also partnered with restaurants to feed deprived American families and support restaurant workers to continue their jobs.
The American Rescue Plan also increased the value of Supplemental Nutrition Assistance Program (SNAP) benefits by 15% to ensure that women, infants, and old aged people get the proper food or nutrition required for them.
Assisting American Families Bearing Economic Crisis
The Rescue plan also assists those families whose single-family person is making less than 75,000$ by giving a check of $1,400 per dependent. This enables middle and lower-class families to meet their ends.
Assistance against COVID-19
American Rescue plan was a great support during the pandemic times. The comprehensive plan was designed to combat the spread of COVID-19 in America. $ 160 billion was invested in providing supplies, vaccines, emergency kits, and healthcare workers to fight against the spread of COVID-19.
Supports Small Businesses
The American Rescue Plan extends financial assistance to small businesses by providing investment, lending, and grants to continue and flourish their businesses that were affected adversely by the impact of the pandemic. This financial support will help small businesses rescue themselves by purchasing equipment and retaining their workers.
Provide Support to Reopen Schools Safely
With the widespread of the pandemic, it wasn’t easy to reopen schools. The economic crisis in the country made it difficult to run the schools. But after ARP funds of around $130 billion, it became possible to retain and hire teachers and counselors to reopen the school and get the children safely back to school.
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