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

 The American Rescue Plan: Impacts on Wyoming

''The pandemic and the associated economic crisis have had a severe impact on Wyoming. The need for action is clear:''
 * Since the pandemic began, more than 54,000 people have been infected with COVID-19 and more than 600 people have died.
 * The unemployment rate is 5.2%, up from 4.8% before the pandemic.
 * Since February 2020, more than 5,000 fewer people are employed.
 * 30,000 adults – 8% of all adults in the state – report not having enough food to eat. This includes 14,000 adults living with children, or 10% of all adults living with children, who report that the children in their household do not have enough to eat.
 * An estimated 13,000 renters or 13% of renters are not caught up on rent.
 * An estimated 134,000 adults or 33% of all adults statewide report having difficulty covering normal household expenses.

President Biden’s American Rescue Plan will provide Wyoming with:
 * $1.4 billion in state fiscal relief
 * $177 million in local fiscal relief
 * More than $312 million 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 360,000 adults and 150,000 children. This is 88% 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 128,000 children, lifting 3,000 children out of poverty
 * Additional relief of up to nearly $1,000 through the Earned Income Tax Credit to 38,000 childless workers, including many in frontline jobs
 * Marketplace health insurance premiums that are $2,829 lower per month for a 60-year old couple earning $75,000 per year