[Congressional Record Volume 167, Number 45 (Wednesday, March 10, 2021)]
[Senate]
[Page S1434]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
AMERICAN RESCUE PLAN ACT OF 2021
Mr. SCHUMER. Mr. President, now on the American Rescue Plan, later
today, the House of Representatives is set to approve the American
Rescue Plan and send it straight to President Biden's desk for his
signature, capping a monthslong effort by the Democrats to pass bold
COVID relief to defeat the pandemic and boost our economy. Once
President Biden signs the bill into law, it will immediately become the
most sweeping Federal recovery package in recent history.
Even a cursory reading of the headlines gives you a sense of the
historic nature of this bold and so helpful legislation.
Here is one from yesterday from the New York Times:
Growth in the U.S. could surge on the stimulus plan and a
rapid vaccine rollout.
Wouldn't that be great? We think there is a very good chance of its
happening.
Forbes:
U.S. Economy Will Recover Twice as Fast Thanks to $1.9
Trillion Stimulus.
That is from Forbes, a conservative publication.
The Associated Press:
COVID bill to deliver big health insurance savings for
many.
This is something so many Americans desperately need and want.
Here is another from the New York Times:
In the Stimulus Bill, a Policy Revolution in Aid for
Children.
A policy revolution.
Simply put, the American Rescue Plan is one of the most significant
Federal relief efforts that Congress has seen in a very, very long
time. I am greatly looking forward to its becoming law.
Now, I have spent a lot of time talking about all of the different
provisions of the bill today and in previous remarks on the floor of
the Senate. That is because the American Rescue Plan is a truly
comprehensive effort. COVID-19 has impacted nearly every aspect of
American life. So we had to craft legislation that spanned the gamut:
schools, businesses, families, jobs, healthcare. Because this bill is
so wide-ranging, I haven't spent enough time on the significance of the
individual programs.
I want to rectify that over the next several weeks. This morning, I
want to focus on two initiatives: first, the child tax credit and,
second, agricultural assistance for disadvantaged farmers.
According to the most recent data, more than 10 million children live
below the poverty line in America--10 million children. A child
starting out in life, through no fault of his or her own, lives below
the poverty line, and we know what that means in terms of food and
healthcare and housing and education. Compared with other nations
around the world, the United States dedicates a relative pittance--a
pittance--to fixing that terrible injustice.
Listen to this. This is something that should make us both ashamed
that the United States has been in this position for so long and proud
that the American Rescue Plan will help rectify that injustice. Here it
is: The United States ranks next to last among the world's 37 most
developed economies in terms of family benefits--barely ahead of
Turkey--nothing that can make Americans proud.
Of course, the pandemic has made the problem of child poverty even
worse. It has forced parents to serve as childcare providers and
surrogate teachers while trying to keep up with their own jobs. For
millions of Americans who lost their jobs through no fault of their
own, the pressure only increased. The difficulty of childcare during
the pandemic is likely one of the main reasons there has been a
disproportionate share of women who have fallen out of the workforce.
The pandemic has left mothers and fathers with impossible choices,
between keeping their jobs and incomes or leaving work to care for
their children, stuck at home, whom they so dearly love
Democrats decided to tackle this problem head on in the American
Rescue Plan. We expanded the child tax credit to provide up to $3,000
per child, ages 6 to 17, and $3,600 per child under the age of 6 for an
overwhelming majority of families in this country. Analysts predict
that this policy will cut childhood poverty in half--in half. That is
an astounding statistic. It will cut childhood poverty in half. A goal
of so many who have studied the frailties in some of our policies for a
decade, for a generation, has been to remove people--young children--
from poverty, and half will be so removed.
That is just one reason reviewers have called the American Rescue
Plan one of the ``most far-reaching anti-poverty efforts in an [entire]
generation.''
A salute to Sherrod Brown, Michael Bennet, and Cory Booker, who
really spearheaded this, along with Congressman Neal in the House; Ron
Wyden and his committee that worked on drafting it; and my staffers who
spent so much time on making this work as well. A salute to them.
Now, another provision that has received too little attention is the
support this bill will provide to disadvantaged farmers. Across nearly
every statistic, farmers from socially disadvantaged communities fare
worse than their White counterparts, suffering from generations of
systemic discrimination, land loss, and what Secretary Vilsack calls a
``cycle of debt.'' It is almost something that recalls the days of
slavery and sharecropping and tenant farming. Recently, these farmers
have suffered again, disproportionately, from COVID-19.
The American Rescue Plan provides more than $10 billion to support
our Nation's agriculture and sets aside, roughly, half of it--half of
it--for disadvantaged communities, particularly Black farmers, for debt
relief, education, training, and land acquisition. Though it is only a
small fraction of the overall bill, experts have called the American
Rescue Plan ``the most significant legislation for Black farmers since
the Civil Rights Act.''
It is amazing what we can do when we put our minds to it. The
hangover from the horrible treatment that rural African-American
farmers have gotten since the days of slavery can, in part--in decent
part--be undone by this legislation.
I want to thank some of my fellow Senators who did such work on this
bill. The provisions I have mentioned owe a great deal to the members
of the Agriculture Committee and the Finance Committee. Senator
Stabenow was relentless in pushing this issue. Senator Wyden, chair of
the Finance Committee, helped out a great deal, and Senators Warnock
and Booker pushed very hard as well.
The American Rescue Plan is going to have an immense impact on nearly
every community in America. In the weeks and months to come, I will be
highlighting how much good it will do.
I have a few housekeeping things to do.
____________________