An ICYMI for the Arkansas legislature: The Biden stimulus is to help working people, not billionaires
March 13, 20219:51 am
Arkansas is going to receive $4 billion-plus from the Biden American Rescue plan — $1.7 billion for the state; $1 billion for local governments; $1.2 billion for schools, and billions more in direct payments to individuals, child tax credits in the form of cash and added unemployment benefits for nearly 3 million Arkansans.
The individual payments could run the benefits over $7 billion in Arkansas, a state with a $6 billion general revenue budget.
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Governor Asa Hutchinson says it’s too much money. Arkansas Republicans in Congress say we can’t afford it. I’ve heard none volunteer to give the money back (I’m channeling here the line Republicans always throw at liberals who complain about tax cuts that mostly benefit the wealthy.)