Investments in affordable housing, public health, infrastructure, and workforce development are changing American lives.
Yellen emphasizes the importance of local government in the public service, as the American Rescue Plan would not have been possible without it.
The American Rescue Plan has led to a strong economic recovery, with 10 million new businesses and low unemployment rates for Black and Hispanic Americans.
The Rescue Plan launched bold and timely action to help local and state governments avoid the Great Recession’s blunders.
Delivering supplies to 3,000 counties and providing consistent, adaptable funding was essential to address the crisis.
Yellen set the stage for the Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act.
The American Rescue Plan has allowed us to think about our economy in 2030, rather than just 2023.
Yellen urged county officials to prioritize workforce development and affordable housing to close the housing supply shortfall by 2027.
Local governments and the federal government have worked together to create a better world after a catastrophe.