On March 10th, the House of Representatives voted to pass the amended Senate version of the American Rescue Plan (ARP) Act of 2021, an approximately $1.9 trillion relief package aimed at addressing the nation’s dual COVID-19-related public health and economic crises, by a vote of 220 to 211. President Biden is expected to officially sign the bill into law on March 12th.
The law includes large-scale economic stimulus; major temporary adjustments to the Affordable Care Act (ACA) Marketplaces and federal Medicaid options; significant new funding for COVID-19 response by health care providers and government agencies; and many other provisions.
SPG’s detailed summary of the ARP is available here. The full legislative text is available here.