ROUND UP: AMERICAN RESCUE PLAN SAVING JOBS, BOOSTING CONSUMER CONFIDENCE, PROTECTING ABUSE SURVIVORS
Brought 1,200 Furloughed Employees Back To Work At Amtrak
Approximately 30,000 Pilots, Flight Attendants And Other Airline Workers Avoided Furloughs
Consumer Confidence Improved By 2.7 Percent Five Days After American Rescue Plan Was Signed
The American Rescue Plan has put the country on a fast track to recovery by investing in America’s workers, community members, families, and state and local governments to save thousands of jobs.
The New York Times: Biden’s Aid Package Funnels Millions to Victims of Domestic Abuse
Tucked into President Biden’s $1.9 trillion pandemic relief package are tens of millions of dollars for organizations dedicated to curtailing domestic abuse, which skyrocketed during the pandemic, as well as vouchers for people fleeing violence at home, to help them find safe shelter and rebuild their lives.
Combating domestic abuse is in keeping with that theme. Experts say that intimate partner violence forces victims out of the labor market and leads to greater risk of poverty and homelessness. And abuse is a broad problem that affects one in four women, one in seven men and countless children, according to the National Domestic Violence Hotline.
Ms. Cottman called the acknowledgment from the Biden administration a huge moment of inflection. After years in which providers struggled to gain public attention and protect their meager budgets, they can begin to think bigger about how to help survivors.
The Wall Street Journal: Federal Covid-19 Aid Aims to Help Cities, States Avoid Cutting Jobs and Services
As part of the package enacted last week, cities, counties and states will get $350 billion to distribute vaccines and cover other pandemic-related costs and to invest in infrastructure, such as expanded broadband access.
Administration officials have said the money will help avoid the same outcome as the previous recession, when years of budget shortfalls forced local governments to cut spending, curtail services and lay off workers, all of which weighed on the recovery.
Newsweek: Consumer Confidence Boosted More by Biden’s COVID Relief Package Than Trump’s Bills
President Joe Biden’s $1.9 trillion American Rescue Plan, which no Republican lawmakers supported, has spurred the biggest rise in consumer confidence of all the three major coronavirus relief plans.
“The third stimulus package is on pace to disproportionately benefit middle- and low-income consumer confidence,” John Leer, an economist with the market research company, wrote in an analysis of the data. “Five days after the bill was signed into law, Morning Consult’s ICS increased by over 3 percent for Americans living in households with annual incomes less than $100,000 (i.e., low- and middle-income adults), while it increased by 1 percent for Americans living in households with annual incomes over $100,000 (i.e., high-income adults).”
The Wall Street Journal: The New Stimulus Act Offers Huge Benefits for Families
The coronavirus-relief legislation signed by President Biden earlier this month contains unprecedented benefits for families with children and other dependents—especially for some who plan carefully.
The new benefits, which apply for 2021, are largest for low-income families, but they extend well into the middle class, with many eligible for more than $10,000 in tax-free income for this year. Higher earners can also benefit from some changes, such as expanded tax breaks for child-care costs.
NPR: COVID-19 Relief Package Includes Billions For Transportation Sector
About 30,000 pilots, flight attendants and other airline workers can tear up furlough notices. Federal stimulus money will help them keep their jobs, and transit agencies are getting a boost too.
The relief bill includes $30 billion for transit. It also includes $1.7 billion for Amtrak, enough to bring 1,200 furloughed employees back to work and restore daily service on long-distance routes. And there’s funding to help states continue fixing crumbling roads and bridges, offsetting their lost gas tax revenue.