Today, Congressman Chris Pappas (NH-01) released the following statement after President Biden signed the American Rescue Plan into law.
"Following a year of economic devastation and the loss of more than 500,000 American lives, I am glad to see President Biden swiftly sign a comprehensive COVID relief package into law that will provide the comprehensive federal support necessary to overcome this pandemic," said Congressman Pappas. "Through direct support to those who need it most, help for small businesses to keep their lights on, aid to cities and towns to maintain critical services, extensions of unemployment assistance, and a dramatic increase in our vaccination capabilities we will be able put this virus behind us and get our economy back on track. This legislation will also help Granite Staters rebuild their lives through the expansion of child tax credits, improvements to the Affordable Care Act, and help for families to get back on their feet and back in their homes. Although we will never be able to make up for the heartbreak of this past year, I am committed to ensuring New Hampshire families, businesses, and communities can easily access this new federal support so we can soon be on the other side of this pandemic."
The American Rescue Plan will deliver significant help for New Hampshire including:
- Direct checks for 597,274 Granite Staters
- $1.53 billion in state and local aid to prevent essential worker layoffs and for faster vaccine distribution. Including:
- $1.08 billion to the State of New Hampshire
- $194 million to cities and towns in New Hampshire
- $264 million to counties in New Hampshire
- 222,000 children and 70,000 workers would benefit from child and family tax credit and earned income tax credit expansions
- Extended unemployment benefits that will provide struggling Granite Staters $17 million per week through
- Expanded subsidies under the Affordable Care Act, which will allow the average New Hampshire family will see their premiums decrease by $291 per month.
- Provide support to individuals struggling to pay their rent, keep their lights on, and feed their families. New Hampshire will receive $152 million in emergency assistance.
- Gives $350 million in support to ensure New Hampshire schools can re-open and operate safely.
Original source can be found here.
