Other programs would also benefit, such as the Special Supplemental Program for Women, Infants and Children. Increased benefits under the Supplemental Nutrition Assistance Program would be extended through Sept. This aid represents $45 billion or 2.3% of the package ( here ). The government estimates that 12 million people owe an average of $5,800 in back rent and utilities. Households would get help paying rent, mortgages and utilities and homeless people would be placed into housing.
#Relief bill movie#
Targeted small-business grants would total $15 billion ( bit.ly/38zDyIb ) $28.6 billion in a new grant program for restaurants $7 billion for Paycheck Protection Program aid for non-profits and digital news services $1 billion for theaters, independent movie theaters and cultural institutions ( here ). It aims to give smaller local governments more access to funds than previous measures ( here ).Īid for small-business sums around $51 billion, or 2.7%. This would help them cope with added costs for first responders, vaccine distribution and other expenses at a time when some of their revenues are falling. The bill signed into law includes $350 billion, or 18.42%, in funding for cash-strapped state and local governments. When including the vaccine and therapeutics funding ($15 billion, bit.ly/3rEcM90 ), the amount ($125 billion) represents about 6.5% of the package. PUBLIC HEALTHĪs reported by Reuters here funding for public health totals about $109 billion, including $35 billion to expand the Affordable Care Act, better known as Obamacare and $6 billion for the Indian Health Service. The bill would help reopen elementary and high schools safely and provide aid to colleges and universities that have suffered major revenue losses during the pandemic ( here ). Additional funding allocated to the Department of Education can be seen here ( bit.ly/30B5pDx ). The bill also includes about $55 billion to be spent on childcare programs and $1 billion for the early learning Head Start program ($56 billion, or 2.94% of the bill).Īt least $166 billion, or 8.74% of the bill, would be directed to school’s funding: almost $123 billion for K-12 schools, 2.75 billion in emergency funding for non-public schools (0.14%) and about $40 billion to higher education institutions (see bit.ly/2Q0P5tF ). This one-year expansion would represent near $109 billion as reported by Reuters here, or 5.7%. The IRS will pay part of this in monthly installments of $250 or $300 from July through December, adding a benefits distributor role to the revenue collection agency’s responsibilities ( here ). The bill considers an expanded child tax credit of up to $3,000 per child, or $3,600 for each child under the age of six. The latest version also includes a tax break for the first $10,200 in benefits ( here ).Īs reported by Reuters here this measure represents around another $163 billion, or 8.4% of the bill. Democrats agreed to reduce the benefit from $400 a week in order to secure passage in the Senate. Under current law, this benefit would expire on March 15 ( here, here ). The bill also includes extended unemployment benefits at $300 a week through Sept.
The amount rises to $2,000 when adding in a $600 payment that was part of the second relief bill passed in December 2020 ( here ). STIMULUS CHECKSĪbout 21% of the bill, $400 billion, will be directed to one-time payments of $1,400 (not $2,000) to many Americans ( here ). The version passed by the Senate in a marathon weekend session had removed a $15-per-hour federal minimum wage increase by 2025 tightened the eligibility for $1,400 direct payments, limiting them to those earning below $80,000, cut the unemployment insurance payment to $300 per week from the House’s $400, and targeted some of the state and local government aid to smaller communities. 1319 ( here ) which was approved by the House on March 10 ( here ) includes $400 billion for $1,400 direct payments to most Americans, $350 billion in aid to state and local governments, an expansion of the child tax credit, funding for pandemic response, among other provisions. Similarly, another post claims that 92% goes to “foreign entities” ( here ) Both claims are false.
This is misleading.Īnother post here claims that only 9% of the $1.9 trillion bill will “stay in America for the American people”. Some users sharing the post suggest it would be “stolen” ( here ). This article aims to provide a breakdown of the major elements of the American Rescue Plan Act 2021 and clarify the misleading claims on social media surrounding it.Ī post here shared over 1,280 times on Facebook questions, given stimulus paychecks only represent a fraction of the overall budget, what the rest of the bill would be spent on. Claims are circulating on social media regarding the new $1.9 trillion COVID-19 relief bill, one of the largest stimulus measures in American history.
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