The politicians introduced a Bill that involves the incorporation of a different package that encompasses an increase in revenue intake and focuses on the recovery of the economy. The key sector highly affected by the framework is healthcare due to the necessity to address the issue arising from the COVID-19 pandemic. Since the American government ordered the lockdown of the economy and the country, a significant percentage of the population became victims of unemployment and faced adversity mainly because of the risk of getting infected while working.
The matter stems from the law passed in 2020 that provided a shield based on the disbursement of funds to facilitate Americans’ welfare during the shutdown. Although it was a Bill introduced by the Republicans, the Democrats considered introducing a regulation enhancing the economic recovery. America’s growth and development profoundly depend on the governance systems due to the relaying of rules guiding the nature of human activities.
The American rescue plan Act is an initiative that aims at fostering significant results based on the recovery of the economy. The loss of jobs and the closure of businesses demand a solution based on the governance policy framework. In this case, the Democrats seek to incorporate a mainframe facilitating the socio-economic growth and development based on exports and imports hence boosting the quality of living. On the one hand, the Republicans introduced a regulation in 2020 that spearheaded the financing of healthcare activities curbing COVID-19 infections. On the other hand, the Democrats seek to establish the foundation for alleviating an economic crisis. Therefore, the extrication of America’s social and fiscal health status depends on the implementation of an effective action strategy.
Sourse: Congress.gov.