Introduction
AAF experts are assessing key provisions of President Biden’s $1.9 trillion American Rescue Plan as it makes its way through Congress. Check back often for insight on the latest developments.
SHARE THE SERIES
Insight
The American Rescue Plan and Financial Services
As part of the American Rescue Plan, House Democrats have proposed $60 billion in aid to small businesses. AAF's Director of Financial Services Policy Thomas Wade outlines the proposal's provisions, which include creating a new $25 billion grant program dedicated solely to helping struggling restaurants.
Insight
The American Rescue Plan and Housing
As part of the American Rescue Plan, House Democrats have proposed $40 billion in housing aid. AAF's Director of Financial Services Policy Thomas Wade outlines the most notable provisions and considers how they will impact housing policy.
Insight
The American Rescue Plan and Multiemployer Pensions
As part of the American Rescue Plan, House Democrats are considering a bailout of the most underfunded private pension plans — a plan that is a stark departure from the latest negotiations on this issue. AAF's Director of Fiscal Policy Gordon Gray compares and contrasts previous efforts to reform multiemployer pensions and examines the implications of House Democrats' latest proposal.
Insight
The American Rescue Plan’s Energy and Climate Provisions
House Democrats have proposed to appropriate $5 billion for energy and climate efforts as part of the American Rescue Plan. Similar to previous COVID-19 aid packages, this proposal will provide funding for energy and water programs that aid low-income households, writes AAF's Director of Energy Policy Ewelina Czapla, but it will also include funding for environmental justice programs within federal agencies.
Insight
The American Rescue Plan and Health Policy
As part of their American Rescue Plan package of legislation, congressional Democrats have included an array of health-related provisions. AAF's Director of Health Care Policy Christopher Holt outlines and assesses these proposals.
Insight
The American Rescue Plan’s Major Tax Policy Changes
The House of Representatives is considering a $1.9 trillion fiscal package under the reconciliation process, including several substantial provisions under the jurisdiction of the Ways and Means Committee.
Insight
The American Rescue Plan’s Education Provisions
As part of the American Rescue Plan, House Democrats have proposed $170 billion for myriad education-related provisions, including funding for secondary and higher education. AAF's Data and Policy Analyst Tom Lee examines these provisions and assesses their cost.
Insight
The American Rescue Plan’s Labor Provisions
Executive summary Several proposals in the Biden Administration’s American Rescue Plan being considered under budget reconciliation aim to provide support for workers and families. The House Committee on Education and Labor has reviewed several labor-related provisions including increasing the federal…
Insight
The American Rescue Plan’s Assistance for Children, Elderly, and Low-Income Families
The American Rescue Plan includes a host of provisions specifically targeted at benefitting children, the elderly, and low-income families.
