ASIA PACIFIC TODAY. Blake Christian discusses Joe Biden's American Rescue Plan

Joe Biden’s $1.9 trillion American Rescue Plan has just been signed into law. The measure is the sixth major COVID-19 relief bill Congress has authorized in a year, and a sum of “emergency” spending totalling around $US5 ($6) trillion.

The OECD has already projected the U.S. economy will grow by 6.5% this year, so will this supercharge the economy or just help struggling Americans and small businesses emerge from the devastation of Covid lockdowns imposed by their Governments.

We look more closely at what is contained in this bill and how it will affect business and the economy.

Blake Christian, a Partner with Holthouse Carlin & Van Trigt looks more closely at what is contained in this bill and how it will affect business and the economy.

Blake, a national Top 25 OZ influencer, is a tax partner at HCVT in Long Beach, California, and Park City, Utah. Blake has over 35 years of experience providing tax consulting and compliance services to clients that include multinational, publicly traded corporations, as well as closely held owner-managed businesses. He is a specialist in federal, state and local tax incentive programs, and is leading the firm’s efforts in providing tax consulting services for Qualified Opportunity Zones (QOZs).

Blake’s industry experience is broad and includes manufacturing and distribution, service companies, restaurant, shipping and transportation, energy and health care.