Joe Biden

Press Release - President Biden's Economic Plan is Working and Reducing Hardships like Food Shortages, Financial Instability and Anxiety

June 02, 2021

According to a new analysis of Census Bureau surveys, benefits from the American Rescue Plan – one of the most consequential pieces of legislation in recent history – had transformational effects, with the largest benefits going to the poorest households and those with children.

As written in the New York Times, "Among households with children, reports of food shortages fell 42 percent from January through April. A broader gauge of financial instability fell 43 percent. Among all households, frequent anxiety and depression fell by more than 20 percent."

Additionally, Luke Shaefer, a co-author of the study, "concluded that 5.2 million children had escaped food insufficiency since the start of the year, a figure he called dramatic."

You can read more here.

Joseph R. Biden, Press Release - President Biden's Economic Plan is Working and Reducing Hardships like Food Shortages, Financial Instability and Anxiety Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/350178

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