President Biden’s American Rescue Plan

President Joe Biden has issued his “American Rescue Plan” which asks Congress to:

• Provide $130 billion to help schools open and operate safely.
• Expand and extend some of the FFCRA employee leave provisions through September 31, 2021.
• Raise the minimum wage to $15/hour.
• Expand unemployment insurance.

Time will tell whether and how quickly Congress acts on these measures.