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Business Politics

White House Responds to House Passage of President Biden’s $1.9 Trillion “American Rescue Plan”

According to the Congressional Budget Office, nearly $19.1 billion would go to state and local governments for back rent, rent assistance, and utilities for at-risk, low-income households with unemployed members. (Photo: iStockphoto / NNPA)NNPA NEWSWIRE — The sweeping $1.9 trillion rescue package could include direct payments of as much as $5,600 for families of four. The legislation provides direct payments worth up to $1,400 per person. The full amount would go to individuals earning less than $75,000 a year and married couples earning less than $150,000.

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