Bennet Applauds Senate Passage of American Rescue Plan

A Lifeline to Communities, the Bill Includes Bennet’s Health Force Proposal and Bennet-Led Tax Credit Expansions

Washington, D.C. — Today, Colorado U.S. Senator Michael Bennet helped secure passage of President Biden’s American Rescue Plan, a $1.9 trillion proposal to fight the Coronavirus Disease 2019 (COVID-19) pandemic and help Americans weather the economic fallout of the crisis. The American Rescue Plan includes Bennet’s Health Force proposal, as well as an expansion of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC), which Bennet and Senator Sherrod Brown (D-OH) have advocated for several years.

“With today’s vote, we are one step closer to providing the relief our country urgently needs,” said Bennet. “One year after the first confirmed COVID-19 case in our state, Coloradans continue to struggle in the face of this public health and economic crisis. From funding for public health jobs to expanded tax credits for working families, this bill will help us put an end to the pandemic and improve the lives of countless Americans.”      

Over the last year, Bennet has worked tirelessly to secure resources for Colorado to combat the pandemic, including direct checks for Americans, extended unemployment benefits, and additional funds for state and local governments. Bennet has also pushed for a more flexible Paycheck Protection Program, increased support for the E-Rate program to equip students with devices and internet connectivity, and funding for summer school programs. 

Bennet has successfully fought to ensure that Colorado priorities are front and center in the American Rescue Plan, including:

Direct Support for Coloradans:

  • Extension of unemployment benefits through early September 2021, including a $300 additional weekly payment.
  • Provision of $25 billion in additional rental assistance to help prevent evictions.
  • Extension of the 15% SNAP increase through September 2021. 
  • Immediate relief to Colorado families with $1,400 checks per person, including all dependents. The payments phase out starting at incomes of $75,000 for individuals and $150,000 for couples.

Health: 

State, Local, Territorial, and Tribal Funding:

  • $350 billion for states, localities, territories, and Tribes, including $10 billion for a new capital projects fund.

Small Business Relief:

  • $15 billion in targeted grants for the hardest-hit small businesses. 
  • $1.25 billion in additional funds for the Shuttered Venue Operators Grant (SVOG) program.
  • $25 billion to support restaurants, bars, and other eligible food and drink providers.
  • $7.25 billion in additional funds toward the Paycheck Protection Program. 

Relief for Colorado’s Agriculture Economy:

Schools & Students: 

  • $7 billion for E-Rate to provide low-income schools and students with Wi-Fi enabled devices and hotspots.
  • $1.25 billion set aside for evidence-based summer enrichment programs.