Washington, D.C. — New state polling shows overwhelming support in Michigan for President Joe Biden’s American Rescue Plan, with a 26-point margin, even after Michiganders hear the most effective political arguments against it.
A new economic analysis from the Center for American Progress finds that Michigan’s economy is in an extremely perilous state—but that the provisions of the American Rescue Plan would have a massive positive impact to rejuvenate it and provide desperately needed relief for Michiganders.
- Allocate $5.7 billion to the state of Michigan and $4.4 billion to the local government entities within it.
- Provide $3.9 billion for schools in Michigan to safely reopen.
- Extend federal unemployment benefits through 2021. Currently 360,000 Michiganders are at risk of losing unemployment benefits.
- Increase the child tax credit to $3,000 per child, provide an additional $600 per child under the age of 6, make it fully refundable, and extend the maximum qualifying age to 17 to assist the caretakers of the 840,000 eligible children in Michigan.
- Enhance financial assistance for health coverage through the Affordable Care Act, increasing marketplace premium subsidies available to the 220,000 Michiganders who already receive financial assistance—and expanding assistance to thousands more low-income and middle-class families.
- Raise the federal minimum wage from $7.25 to $15 over five years, giving 1.5 million Michiganders—34 percent of the state’s workforce—a raise and providing an extra $3.6 billion in total state wages.
- Extend the federal moratoria on evictions and foreclosures. 2.6 million Michiganders—36 percent of adults in the state—have fallen behind on basic household expenses. This would also extend aid to renters and small landlords and help secure housing for the 230,000 Michiganders who are at risk of homelessness.
- Provide another round of direct checks. The first round of direct checks reached 5 million Michiganders as of June 2020 and provided $8.5 billion in spending power to the state. Additional $1,400 checks would provide $6.9 billion to the poorest 60 percent of Michiganders, a group whose average annual income is just $30,600.
For more information or to speak to an expert, contact Julia Cusick at .gro.ssergorpnacirema@kcisucj