ODP Statement Celebrating The One-Year Anniversary Of The American Rescue Plan Becoming Law
March 11, 2022
For Immediate Release:
March 11, 2022
Columbus, OH – Today, Ohio Democratic Party Chair Elizabeth Walters released the following statement celebrating the one-year anniversary of the American Rescue Plan becoming law:
“Thanks to the leadership of President Biden, Senator Brown, Representatives Fudge, Ryan, Beatty, and Kaptur, the American Rescue Plan became law one year ago today, putting money in the pockets of working families, lowering healthcare costs for families and speeding up vaccine distribution to get Ohioans back to work and school. The American Rescue Plan provided monumental relief to those hit hardest by the pandemic: Ohio families, workers, and small businesses.
“As Democrats have been laser-focused on lowering everyday costs for working families, Ohio Republicans – from the congressional delegation, to the millionaires running for U.S. Senate, and to Mike DeWine – have opposed these efforts since they don’t help their wealthy and well-connected donors. When Ohioans see this critical funding in their communities, they will know it came from Democrats who are laser-focused on helping working families, rebuilding our communities and preparing Ohio to take on China and rise to meet the challenges of the 21st century.”
The American Rescue Plan cut taxes and lowered costs for Ohio families.
- 1,252,000 Ohio families with 2,161,000 children received tax cuts from the American Rescue Plan’s expanded Child Tax Credit, which averaged to $452 a month per family, totaling more than $3.31 billion in tax cuts in 2021.
- As of August 2021, the American Rescue Plan’s expanded premium tax credits were saving Americans $40 per person per month on premiums, with over 1/3 of customers finding plans for less than $10 per month. Additionally, the median deductible for new plan enrollees dropped by 90%, from $450 to $50.
- $1.29 billion in 2021 in Child Care Development Fund allocations and child care stabilization funding through the American Rescue Plan.
- $271 million in Emergency Rental Assistance Program funding from April to November of 2021, helping Ohio households afford rent and pay bills because of the American Rescue Plan.