A Chance To Move Forward
Last updated 3/17/2021 at 4:14pm
The recent passage of the $1.9 trillion American Rescue Plan (ARP) could give millions of individuals, as well as local and state governments, an opportunity to move forward from the economic ravages of COVID-19.
In descending order of expenses, ARP allocates approximately:
•$412 billion for $1,400 stimulus checks;
•$350 billion for state and local governments. Of this amount, North Carolina is projected to receive about $9 billion, of which nearly $4 billion would go to local governments;
•$246 billion for unemployment insurance;
•$211 billion for child care and tax cred...