In summary
The $1.9 trillion federal stimulus package includes a temporary expansion of the child tax credit. Some California experts are likening it to a universal basic income and say it’s urgently needed, especially for California’s families with undocumented parents left out of previous stimulus relief.
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As President Joe Biden’s $1.9 trillion virus relief package heads to the Oval Office for his signature, the mammoth spending bill has the potential to reduce child poverty in the Golden State by half.
That would be a turning point for a state that is an economic powerhouse vexed by the highest poverty rate in the nation when accounting for the cost of living.
Biden Plan A Powerful Change For Poor US Children By Delphine TOUITOU
on March 11 2021 10:05 AM
With the massive $1.9 trillion US stimulus plan approved by Congress on Wednesday, President Joe Biden is marking a dramatic shift in US social policy, with the goal of cutting child poverty in half. The American Rescue Plan represents a powerful change in social policy in the United States, said Olivia Golden, executive director of the Center for Law and Social Policy.
After the economy sustained deep damage from the Covid-19 pandemic, the rescue package aims to boost US growth this year, with some economists predicting an expansion of as much as seven percent.
The House of Representatives passed President Biden’s $1.9 trillion stimulus plan on March 10. The legislation, called the American Rescue Plan, will head to the president's desk for his signature on Friday in a final step before becoming law. While most Americans are focused on getting their $1,400 stimulus checks, it’s the extension of the child tax credit in the relief legislation that really stands out as revolutionary policy, according to.