Political Quotes

On the recordMarch 18, 2021
now on the American Rescue Plan. As Americans learn more and more about ARP, the American Rescue Plan, the more popular it becomes and the more optimistic Americans feel about our economic recovery. Across the country, the support for the rescue plan has risen to over 70 percent. In January of this year, before President Biden took office and Democrats assumed the majority of the Senate, more than four in five Americans believed America was on the wrong track; less than one in five said it was on the right track. Now a majority, 55 percent, believe the country is headed in the right direction. It is back on the right track. That is a dramatic turn rather quickly, but I think it is, in part, because of the good work we have done here in the Senate. Now we have learned something else: Consumer confidence has increased faster after the passage of the American Rescue Plan than after any of the other stimulus bills passed by Congress, particularly among low- and middle-income Americans, who have suffered the most. That is fantastic news. Americans at the top have been able to survive the pandemic much more easily than Americans at the lower end of the ladder. For that reason, economists have long feared a K-shaped recovery in which high-income earners recover quickly, while middle- and low-income earners are left behind.…
Said by
Chuck Schumer
Democratic · New York
Source
govinfo.gov
Mar 18, 2021

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