Page:American Rescue Plan Fact Sheet - Impacts on Ohio.pdf/1



''The pandemic and the associated economic crisis have had a severe impact on Ohio. The need for action is clear:''
 * Since the pandemic began, more than 978,471 people have been infected with COVID-19 and more than 17,656 people have died.
 * The unemployment rate is 5.6%, up from 4.7% before the pandemic.
 * Since February 2020, more than 177,000 fewer people are employed.
 * 969,000 adults – 13% of all adults in the state – report not having enough food to eat. This includes 389,000 adults living with children, or 15% of all adults living with children, who report that the children in their household do not have enough to eat.
 * An estimated 569,000 renters or 23% of renters are not caught up on rent.
 * An estimated 2,577,000 adults or 31% of all adults statewide report having difficulty covering normal household expenses.

President Biden’s American Rescue Plan will provide Ohio with:
 * $5.5 billion in state fiscal relief
 * $4.6 billion in local fiscal relief
 * More than $4.5 billion in relief for K-12 schools
 * Economic impact payments of up to $1,400 per person (above the $600 per person provided in December) for more than 7.4 million adults and 2.8 million children. This is 89% of all adults in the state and 87% of all children in the state.
 * Additional relief of up to $1,600 per child through the Child Tax Credit to the families of 2,372,000 children, lifting 132,000 children out of poverty
 * Additional relief of up to nearly $1,000 through the Earned Income Tax Credit to 695,000 childless workers, including many in frontline jobs
 * Marketplace health insurance premiums that are $1,062 lower per month for a 60-year old couple earning $75,000 per year