Today, we learned that in February, the unemployment rate fell to 3.8% — down from 6.4% when I took office.
That’s the fastest decline in the unemployment rate in recorded history.
Moody’s analysis today:
American Rescue Plan led to:
— 4 million additional jobs
— 2% lower unemployment
—- 5.7% GDP instead of 3%
— Only .35% incremental inflation increase
Without ARP:
— risk of Spring 2021 double-dip recession
— far higher unemployment due to Delta
Student loan payments are scheduled to resume in less than 70 days but borrowers are at risk of missing vital information about their payments. @RepUnderwood, @RepColinAllred & I are asking @USEDGov how it plans to help borrowers when the pause ends.
https://t.co/fzlU9ySJ1Z
Women owe a disproportionate amount of student debt. Canceling student debt would help give women a fair shot at their economic futures and advance gender justice. It’s time for @POTUS to act.