Peters on the One Year Anniversary of the American Rescue Plan Being Signed Into Law

Peters helped pass the American Rescue Plan into law to deliver COVID-19 relief to Michiganders. The package included funding to distribute direct stimulus checks, accelerate vaccine distribution, help schools reopen safely, extend unemployment benefits, and support small businesses. As Chairman of the Homeland Security and Governmental Affairs Committee, Peters authored provisions in the bill that dramatically ramped up mass vaccine distribution – like we saw at Ford Field. Also included was the expanded Child Tax Credit – a tax cut that has helped support the immediate needs of Michigan families such as food, clothes and child care – including an estimated 1.8 million children in Michigan. The bill also reauthorized and provided $10 billion in federal funding to the State Small Business Credit Initiative, including $1.5 billion set-aside for minority-owned businesses, which helps small businesses grow and create jobs. Peters previously led the effort to reauthorize the program in the Senate and championed the original language creating the program in the Small Business Jobs Act of 2010 as a member of the House of Representatives.