President Joe Biden isn’t waiting for thethe that is part of the before looking ahead to two new stimulus proposals. on April 28, Biden presented his administration’s ideas for how the US can create new jobs, reduce poverty and get more money into people’s hands to spur the economy as it the US comes out of the pandemic. “We need to make a once-in-a-generation investment in our families and our children,” Biden said, outlining the next two packages called the American Rescue Plan and American Family Plan, “a once-in-a-generation investment in America itself.”
March’swas just the first leg of Biden’s plan, with its one-time for up to , seven and monthly $300 checks to fill in for . The next two stimulus proposals for 2021 that Biden pitched in his speech would send more money directly to people and work to let individuals and families hold on to the money they already have. The next package up — which Biden calls the American Jobs Plan — if approved would put more than $2 trillion into the US economy and create jobs through focusing on critical infrastructure. The second, called the American Families Plan, according to the Washington Post, could set aside $1 trillion for individuals and families.
Right now, Biden’s plans are just that, but we’ll be following its development. We’ll share every benefit we know of so far. Plus, here’s what to expect from the enhanced, what is happening with , how to and how March’s stimulus bill can help you .
The American Families Plan is still months from approval. First, Biden and Congress are crafting the American Jobs Plan, a $2 trillion plan to build and upgrade roads and transportation hubs, improve the power grid, fund, expand affordable housing and bring to more rural areas.
As far as we know, the American Jobs Plan wouldn’t include a Read more>>or other obvious savings. It’s the bill after that — the American Families Plan — that could come closer to sending more money to individuals and families. Keep reading for ways Biden and Congress plans to directly help you with the third stimulus bill, plus other proposals on the table…