FOR IMMEDIATE RELEASE
April 28, 2021
Contact: Juan Ramiro Sarmiento
(785) 760-6567 | firstname.lastname@example.org
American Families Plan Invests In Children, Families, And An Inclusive Economy
(Washington, DC) – Today, President Biden unveiled the American Families Plan, a $1.8 trillion family aid package focused on reducing child care costs, expanding access to affordable education, and supporting American workers. The American Families Plan represents a once-in-a-generation investment and is primarily funded by the largest tax increase on the wealthiest Americans in decades.
In response, Jesse Barba, Senior Director of External Affairs for Young Invincibles, issued the following statement:
“Today the President kept his promise to build towards an equitable recovery where all Americans can thrive. The magnitude of this proposal, along with the American Jobs Plan, would dramatically reduce child poverty, expand educational opportunity, buoy households struggling to afford the basics, and give families the ability to take paid leave from work.
Young people in particular have a real fighting opportunity to grow, learn, and gain the skills they need to succeed in a more inclusive economy. Whether it is protecting the economic security of low-wage workers, investing in child care and an early education workforce, addressing food insecurity, or expanding access to education for all – this agenda has called for systemic changes and new investments.
But we can still make this plan stronger. The bill must include robust, permanent expansion in access to health coverage and provisions to reduce health care costs to meet the needs of young people. This is a once in a once-in-a-generation opportunity to invest in our nation’s future. The moment is now, and we urge Congress to act swiftly.”
The American Families Plan includes the following key investments:
Education ($503 billion)
- Two years of free community college, including DACA recipients ($109 billion)
- Increase maximum Pell grant by $1400 ($80 billion)
- Student retention and college completion strategies ($62 billion)
- Subsidized tuition and expanded programs at HBCUs, TCUs, and MSIs ($46 billion)
Child Care ($225 billion)
Paid leave ($225 billion)
Nutrition ($45 billion
- Expand summer EBT ($25 billion)
- Expand school meal programs ($17 billion)
- SNAP eligibility for formerly incarcerated individuals
Permanently extend increased Child and Dependent Care Tax Credit
Permanently extend increased Earned Income Tax Credit