American Rescue Plan Summary Memo
October 15, 2021
March 12, 2021
On March 11, 2021, President Joe Biden signed the American Rescue Plan (ARP) into law. This nearly $2 trillion federal emergency supplemental appropriation is the sixth emergency package in response to the enduring COVID19 pandemic.
The bill signed into law bears a striking resemblance to President Biden’s initial proposal. The funding is far reaching, and includes supports for vaccines, schools, small businesses, and anti‐poverty programs. ARP includes almost $220 billion for education, child care, and education‐related programs, plus $362 billion for local and state fiscal relief, much of which could ultimately support education. The total for the Department of Education is more than twice the fiscal year 2021 regular funding total of $73 billion. You can check out our full analysis by clicking here.
