CITY OF WASHINGTON, D.C. (March 10, 2021)—the House is set to vote Wednesday morning on $1.9 trillion American Rescue Bill–dubbed the Covid relief bill.
The House speaker, Nancy Pelosi, hailed Joe Biden’s $1.9tn stimulus plan as a “remarkable, historic, transformative piece of legislation” on the eve of a House vote on the measure.
“I’m so excited, I just can’t hide it,” Pelosi said during a press conference with senior Democrats on Tuesday afternoon, who took turns extolling what they said was the “historic” nature of the legislation and its impact on reducing poverty in America.
Several Democratic leaders compared it to the passage of the Affordable Care Act, saying the plan would not only “crush” the virus and the economic fallout, but would look forward to tackle long-standing racial and gender inequalities in the economy.
Smiling under her mask, she expressed full confidence that Democrats had the votes to pass the bill.
Asked about possible defections from progressive members disappointed that the Senate narrowed a version of the bill, initially proposed by Biden and passed by the House, Pelosi shook her head and said “no” repeatedly. The bill would head to Biden’s desk after the vote on Wednesday, she said.
The most states with the highest poverty rates in 2020:
- Mississippi: 19.4%
- Louisiana: 18.4%
- New Mexico: 16.0%
- Arkansas: 15.0%
- West Virginia: 14.9%
- Kentucky: 14.6%
- Alabama: 14.4%
- South Carolina: 13.9%
Senate Majority Leader Chuck Schumer tweeted:
“The American Rescue Plan will: Boost incomes of the poorest 20% of Americans by 20% and significantly reduce child poverty. The top one percent will get a boost of ZERO percent.”
The American Rescue Plan will:— Chuck Schumer (@SenSchumer) March 10, 2021
Boost incomes of the poorest 20% of Americans by 20%
and significantly reduce child poverty.
The top one percent will get a boost of ZERO percent.
The United States minimum wage— the lowest legal wage companies can pay workers was not increased in the American Rescue Plan . The U.S. current national minimum wage is $7.25 per hour, which has not changed since 2009. One person working 40 hours a week, 52 weeks a year, would earn a gross income of $15,080 a year. This is less than $2,000 above the the 2019 poverty threshold of $13,465 for people under 65.
Source: The Guardian wrote the original article.