There’s a Hole in Our “Recovery” the Size of a Generation

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In July of 2020, the pandemic economic relief in the Coronavirus Aid, Relief and Economic Act of 2020 (CARES) did not reach young adults. Ninety percent of young people who were unemployed at that time were unable to access any help.

An over $2 billion investment in youth employment, and $1.25 billion in climate jobs for youth, including a $350 million for subsidized youth climate jobs—a proven strategy that helps marginalized young people change their long-term economic trajectory.

Extends changes to the child tax credit—critical support for young parents—and to the earned income tax credit, which in 2022 will make a difference for young workers who do not have children or whose children don’t live with them. Invests $2.5 billion in addressing community violence and trauma, and $50 million in growing and diversifying the mental health workforce so that young people can find care from providers that look like them.

Permanently closes the Medicaid coverage gap in states that have not expanded Medicaid; young people are a significant proportion of the people who are in that gap. Young people are done waiting. Change couldn’t have come soon enough for young people a year ago. Congress must keep these provisions that explicitly direct resources to young people in the Build Back Better Act. The recovery and our nation can’t afford to fail young people for another minute.

 

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