President Biden Delivers Remarks on the Implementation of the American Rescue Plan - YouTube

Channel: The White House

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good afternoon when i
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signed the american rescue plan
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last week i said help is on the way
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this week on every i can report isn't
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just on the way it's here
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sooner than many ever thought possible
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over the next 10 days we will reach
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two goals two giant goals the first is
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100 million shots in people's arms
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will have been completed within the next
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10 days and 100 million
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checks in people's pockets in the next
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hundred days
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shots and arms and money in pockets
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that's important the american rescue
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plan is already doing
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what it was designed to do make a
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difference
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in people's everyday lives we're just
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getting started
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by the time all the money is distributed
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eighty-five percent of american
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households will have gotten a one
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thousand
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four hundred dollar rescue checks to
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give more to give one more example
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for the average family of two parents
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and two children
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making a combined income of 110 000 a
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year
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that's going to add 5 600
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for them thousand six hundred dollars
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they'll get
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and the plan does a lot more it extends
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unemployment insurance for the 11
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million americans unemployed than any
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who will be unemployed
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in the near term it'll help hundreds of
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thousands of small businesses keep their
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doors open
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which makes a gigantic difference in
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neighborhoods and communities
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if you have a drug store if you have a a
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beauty shop a hardware store
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it's a center of small communities and
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it gets our schools and resources they
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need to open
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safely it provides the biggest
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investment in child care
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since world war ii and it provides food
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and nutrition help
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for the millions of families keep them
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from going hungry keeping a roof over
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their heads and it expands healthcare
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coverage
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and lowers healthcare costs for so many
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people
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and it will cut child poverty in half
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in this country that's the estimate
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child poverty will be cut in half
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as a consequence of what's in this
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recovery act
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and it will generate economic growth for
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the entire nation
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that's why major economists left right
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and center support this plan
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even wall street has agreed according to
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moody's
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by the end of this year this law will
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spur our economy to create
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seven million new jobs
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and does one more thing it focuses on
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rebuilding the backbone of this country
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working families the middle class
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people who built this country but as i
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said last week
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it's one thing to pass a historic piece
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of legislation like the american rescue
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plan
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and it's quite another to implement it
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and the devil
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is in the details it requires fastidious
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oversight
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to make sure the relief arrives quickly
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equitably and
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efficiently with no waste or fraud in
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your bank account in your mailbox
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to the local business in your community
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and to your child's school look i've
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been here before
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when president obama and i came to
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office in 2009
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he put me in charge of implementing the
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recovery act
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which helped us recover and rebuild
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during the great recession
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i was authorized to put together a team
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including an accountability board with
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inspectors general
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from different agencies that were
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affected by the act
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to make sure we got the roughly 800
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billion dollars
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out out of the countryside
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by the book and quickly over 18 months
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i talked to literally almost 100 over
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150 mayors
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all governors except one constantly
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going over the granular detail
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of the implementation of this
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legislation that legislation
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and the effort put us on a path from
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crisis
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to recovery to resurgence accordingly
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to the oversight board that is of
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inspectors general
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they said we got it done with less than
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two tenths
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of one percent waste or fraud
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that's not what the previous
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administration did though
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when the congress i sure passed the
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cares act
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it cares that the congress created a
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committee
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of inspectors general to make sure every
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penny of that money was spent as it was
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directed
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but one of the first things the previous
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administration did
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was fire the head of the inspector
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general's committee
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so when congress passed what was
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intended to be a small business relief
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program
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it instead became a free-for-all for
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well-connected companies
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and mainstream mainstream businesses
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from hardware stores to beauty salons
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that needed to help most were left
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behind
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four hundred thousand are now gone we
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will not
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let that happen this time i learned from
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my experience
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implementing the recovery act just how
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important it is to have someone
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who can manage all the moving parts with
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efficiency
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speed and integrity and accountability
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that's the sort of management we've seen
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in our fight against the virus
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with jeff science our covert response
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coordinator
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and today i'm pleased to announce
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and introduce another gifted manager to
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coordinate our implementation
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of the american rescue plan gene
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sperling
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gene will be on the phone with mayors
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and governors red states blue states
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the source of constant communication a
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source of guidance and support
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and above all a source of accountability
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for all of us to get the job done gene's
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been here before
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the only person in history to serve as
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director of economic of the national
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economic council
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twice he led successful efforts
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to deliver relief to small businesses
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and unemployed americans
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in the obama biden administration and in
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the clinton administration
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i spoke with gene earlier today
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alongside my economic team
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he's ready to get to work in fact he's
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already hit the ground running
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and together we're going to make sure
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that the benefits of the american rescue
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plan
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go out quickly and directly to the
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american people
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where they belong let me close with this
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help is here and hope is here
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in real and tangible ways we're just
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days away from 100 million shots
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and millions in the arms of millions of
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americans
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that's the way that's the way on the way
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to get every single american access to
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the vaccine
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100 million checks going into the
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pockets and or direct deposits going
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into the pockets of americans
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on the way to a million more millions of
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more americans
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that's real progress we have a lot more
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to do
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we have to prove to the american people
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that their government can deliver for
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them
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and do it without waste or fraud
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that we can vaccinate the nation that we
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can get our kids safely back in school
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that we can get our economy back on
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track by helping hundreds of thousands
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of small businesses open and stay open
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and that we can give people this nation
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a
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fighting chance again with relief checks
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lower child care costs lower health care
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costs and so much more
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that's our job that's our responsibility
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and the process will be growing the
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economy as well
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we're going to have to stay on top of
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every dollar spent through the american
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rescue plan
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and that's what we're going to do we can
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do this
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we will do this well god bless you all
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help us on the way and may god protect
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our troops thank you very very much
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did president trump help promote the
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vaccine among skeptics sir
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especially
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i'm hearing a lot of reports from
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serious reporters like you saying that
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i discussed it with my team and they say
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the thing that has
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more impact than anything trump would
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say to the
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maga folks is what the local doctor
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what the local preachers what the local
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people in the community say
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so i urge i urge all local docs and
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and ministers and priests to talk about
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why why it's important to get it
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to get that vaccine and even after that
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until everyone is
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in fact vaccinated to wear this mask