American Rescue Plan Breakdown on Checks, Unemployment, ACA, Child Tax Credits, & More

President Biden will sign a huge new COVID relief bill, officially named the “American Rescue Plan Act of 2021” (full text), into law very shortly. The new $1.9 trillion plan offers significant funding for assistance to low and middle income households and to battle the ill effects to public health and the economy caused by COVID. It includes funding for increased vaccine distribution, virus testing and tracing, direct relief payments to Americans, increased Child Tax Credits, enhanced unemployment insurance benefits, health insurance subsidies for the ACA and COBRA, aid for state...

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