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$1.9T American Rescue Plan Saved U.S. From Economic Disaster: Janet Yellen
Jan 19, 2022 29 secs
Treasury Secretary Janet Yellen on Wednesday said the American Rescue Plan (ARP) helped the nation prevent extensive economic damage.

"In some ways, the ARP acted like a vaccine for the American economy, protecting our recovery from the possibility of new variants," Yellen said at the U.S.

Yellen added that the $350 billion from the State and Local Fiscal Recovery Fund went to state and local governments to help fight the community's COVID-related problems.

According to the Treasury Department, the ARP provided $195 billion for states, $130 billion for local governments, $20 billion for tribal governments and $4.5 billion for U.S.

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