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$1.9 Trillion “American Rescue Plan Act of 2021” Clears Final Congressional Hurdle

The House on Wednesday gave final approval to HR 1319, the “American Rescue Plan Act of 2021.” Final passage came on a mostly party-line vote of 220-211. No Republicans supported the bill and one Democrat, Jared Golden of Maine, opposed the bill. President Biden is expected to sign the bill into law as soon as the enrolled version of the bill arrives in the Oval Office.

The $1.9 trillion, 628-page bill includes hundreds of provisions, including substantial funding for public health resources to battle the coronavirus, speed up the distribution of vaccines, and provide aid to impacted Americans. The measure extends unemployment benefits through Sept. 6, including the $300 weekly Federal add-on, provides $1,400 checks to 85 percent of US households, significantly expands the child tax credit and the earned income tax credit (EITC), and provides additional food aid as well as $42.5 billion in housing aid to low-income and unemployed families and individuals. The bill also provides $362 billion in direct aid to states and local governments along with $123 billion for K-12 schools, $39 billion for childcare, and $30.5 billion for transit systems. It also provides $53.6 billion in aid to businesses, including almost $29 billion specifically for restaurants.

Among the many public health and higher education provisions in the bill: