New York City Insider: Espaillat Celebrates 500 Days of American Rescue Plan, Lauds Far-Reaching Impacts in NY-13.

 

PRESS RELEASE For Immediate Release July 26, 2022

Representative Adriano Espaillat Celebrates 500 Days of American Rescue Plan, Lauds Far-Reaching Impacts in NY-13. NEW INTERACTIVE MAP shows how the American Rescue Plan helped New York.   WASHINGTON, DC – Today, Representative Adriano Espaillat (NY-13) celebrated 500 days since President Biden signed Democrats’ American Rescue Plan Act into law, lifesaving legislation that created millions of jobs, kickstarted a successful national vaccination program, helped schools reopen, and funded critical projects in communities across the country. The Rescue Plan ensured that American families nationwide had the support they needed during this pandemic while putting our economy back on track. Click here for an interactive map showing how the American Rescue Plan helped New Yorkers. “The American Rescue Plan changed the course of the COVID crisis, created millions of jobs, lowered health care costs, helped schools reopen, and provided a much-needed lifeline for families in New York’s 13th congressional district,” said Rep. Espaillat. “Democrats’ unified action in passing this transformational legislation helped Americans get vaccinated quickly, provided Child Tax Credit tax cuts to the families of 3.6 million children, and gave our community the resources necessary to come back stronger from the pandemic, with $23.8 billion in state and local relief. “The data is clear: the American Rescue Plan helped families put food on the table, stay in their homes, and avoid economic devastation while paving the way for a stronger, faster, and more resilient economic recovery,” Rep. Espaillat continued. “As we mark this important milestone, we will continue fighting to lower costs for families and build a stronger and more inclusive economy that rewards work, not wealth.” In New York alone, the American Rescue Plan provided:  *   Economic impact payments of up to $1,400 per person for nearly 10 million adults and children. *   Increased monthly Child Tax Credit tax cuts of up to $3,600 per child to the families of 3.6 million children, lifting 242,000 New York children out of poverty. *   $23.8 billion in state and local relief for projects including Community Violence Intervention and job-creation programs like the City Cleanup Corps. *   $9 billion in relief to help New York K-12 schools to reopen more safely. *   $3.7 billion for the Restaurant Revitalization Fund, which helped save 9,775 restaurants in New York. *   $2.8 billion for colleges and universities in New York. *   $536 million in LIHEAP funding to help low-income families pay their energy bills. *   Helped increase health insurance enrollment to 6.6 million people in New York — a 34% increase over 2020 — and lowered health care costs for millions of Americans. *   and much more.   Prior to the American Rescue Plan, the nonpartisan Congressional Budget Office (CBO) estimated the U.S. would not reach a 4.2 percent unemployment rate until the end of 2024. After passage of the Rescue Plan, America’s unemployment rate dropped to 3.6 percent by early 2022, where it remains today — with 14 states seeing their lowest unemployment rates on record. The number of Americans needing unemployment benefits is at its lowest in 52 years. Furthermore, the economic growth powered by the Rescue Plan put the deficit on track to drop by more than $1.5 trillion this year — the fastest deficit reduction in any year on record. A recent report prepared by the House Budget Committee on the transformational impacts of the American Rescue Plan is available HERE.   Representative Espaillat is the first Dominican American to serve in the U.S. House of Representatives and his congressional district includes Harlem, East Harlem, West Harlem, Hamilton Heights, Washington Heights, Inwood, Marble Hill and the north-west Bronx. First elected to Congress in 2016, Representative Espaillat is serving his third term in Congress. Representative Espaillat currently serves as a member of the influential U.S. House Committee on Appropriations responsible for funding the federal government’s vital activities. He is also a member of the House Committee on Education and Labor and the Congressional Hispanic Caucus (CHC), where he serves in a leadership role as the Second Vice Chair and is a member of the Congressional Progressive Caucus, where he serves as Deputy Whip. Representative Espaillat also currently serves as a Senior Whip of the Democratic Caucus. To find out more about Rep. Espaillat, visit online at https://espaillat.house.gov/.