Excerpt: “When President Biden and Vice President Harris came into office, America was in the midst of a deadly pandemic, and our economy was reeling. Millions of Americans remained out of work. COVID-19 continued to shutter businesses, keep children out of classrooms, and kill thousands of Americans every day. … President Biden and Vice President Harris charted a new path and created a plan to make smart investments in America, empower workers, and promote competition to lower costs and help small businesses. … Within his first two months in office, President Biden signed the American Rescue Plan (ARP) — the most significant economic recovery package in U.S. history — to end the pandemic and revive the economy. The bill contained funding for COVID-19 response, stimulus checks for Americans, and support for small businesses, childcare providers, and retirees. All these measures aimed to get America back on track while avoiding a painful, long-tailed recession like those that accompanied previous recoveries, and it worked. America had the fastest and most broad-based recovery of any nation in the world.”
report
(79 pages)