Clyburn: Federal plan to mean real rescue - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
July 15, 2021 Newswires
Share
Share
Post
Email

Clyburn: Federal plan to mean real rescue

Times & Democrat (Orangeburg, SC)

Jul. 15—SANTEE — Congressman James Clyburn held a public meeting Tuesday evening in the town he calls home in South Carolina.

The U.S. Majority Whip held the Help is Here Town Hall at the Santee Conference Center.

The town hall served as a one-stop shop for citizens in Orangeburg and surrounding areas to learn about a new tax credit and Medicaid expansion, discuss various issues and get vaccinated.

Clyburn spoke to a large crowd about the American Rescue Plan, specifically detailing the Child Tax Credit, Medicaid expansion and health care. Clyburn also spoke on the pandemic and vaccination rates.

The congressman said the CTC will reduce poverty numbers across America.

"Here's what the experts have said. The Child Tax Credit goes to every family if you've got children under 6, you get $3,600 per child. If they are over 6 up to 17, you will get $3,000 per child," Clyburn said.

"The experts say that of all the children in the United States of America currently living in poverty, as a result of this bill, half of them will be immediately lifted out of poverty," Clyburn said.

The funds will be released by the IRS beginning July 15. Payments will be made monthly.

Representatives of the IRS were present to answer questions regarding the tax credit and other issues.

"The percentage of children in the 6th Congressional District that will receive the CTC — 92.1% in this district. That's 136,000 children," Clyburn said.

"So many people went into poverty because of COVID-19, so this is the American Rescue Act," Clyburn said.

Provisions in the American Rescue Plan will also give citizens relief from the high costs associated with health care.

"It lowers health care insurance costs for 9 million Americans who are buying their health care insurance through Healthcare.gov. It saves an average of $50 per person, per month. It benefits over 230,000 South Carolinians. It reduces deductibles for new coverage by 90%," Clyburn said.

Clyburn is also working to expand Medicaid in South Carolina, which is one of 12 states to refuse expansion of the program that provides health care coverage to low-income people.

Clyburn said the expansion would greatly impact the affordability of nursing home care.

"If we were to expand Medicaid in South Carolina — $600 million in federal funds over the next two years. That's a lot of money that'll pay for a lot of infrastructure. We will have fewer uninsured residents, and we will reduce the racial health disparities that exist in South Carolina if we expand Medicaid," Clyburn said.

The expansion impacts low- and middle-income citizens, Clyburn said.

Clyburn also encouraged citizens to continue getting vaccinated. Attendees and others had the opportunity to get vaccinated at the event.

Two mobile vaccination stations were located outside the center. The vaccines were facilitated by Family Health Centers Inc.

"I thought it was important to add the vaccinations to this. Originally we were not. We were going to just focus on the American Rescue Act, but in recent days, we see numbers going up and vaccinations going down. And it's pretty clear according to the reports that I've seen, 99.5% of all the people that are contracting the virus now seem to be people who have not been vaccinated," Clyburn said.

"The administration ... by July 4th wanted 70% of the people in the country to be vaccinated, and we didn't get there. We got to 67%. South Carolina is right around 41%, and of course, I'm pretty concerned about that," Clyburn said.

Clyburn is the chair of the House Select Subcommittee on the Coronavirus Crisis.

"It is my job to make sure the monies spent on the coronavirus are efficiently spent, effectively spent and equitably spent," Clyburn said.

Contact the writer: [email protected] or 803-596-6530

___

(c)2021 The Times and Democrat (Orangeburg, S.C.)

Visit The Times and Democrat (Orangeburg, S.C.) at thetandd.com

Distributed by Tribune Content Agency, LLC.

Older

What Can Government Do as Cyber Insurance Costs Increase?

Newer

Biden Pitches Huge Budget, Says Dems Will ‘Get A Lot Done’

Advisor News

  • Nearly half of nonretirees doubt they will fully retire
  • How much could failure to fund Social Security cost average Americans?
  • How can more Americans achieve financial independence?
  • Savers vs. spenders: How money management attitudes impact financial confidence
  • Demonstrating the value of life insurance to Gen Z
More Advisor News

Annuity News

  • Advisors don’t have an annuity problem; they have an integration problem.
  • Agentic AI is transforming insurance sales both for consumers and agents
  • Canvas steps into the direct-to-consumer market that has yet to take off
  • The next growth phase in life/annuities depends on modernization
  • CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
More Annuity News

Health/Employee Benefits News

  • Health insurers use a whole arsenal of tools to deny care, increase profit
  • Health insurers use a whole arsenal of tools to deny care, increase profit
  • Covered California rates to jump nearly 10% as thousands struggle to afford coverage
  • TRANSPARENCY IN YOUR HEALTH INSURANCE PLAN
  • NEW DATA: BRIAN FITZPATRICK-BACKED HEALTHCARE CUTS CAUSE MORE THAN 11,100 PENNSYLVANIANS IN BUCKS, MONTCO TO DROP INSURANCE COVERAGE
More Health/Employee Benefits News

Life Insurance News

  • Agentic AI is transforming insurance sales both for consumers and agents
  • USAA introduces Secure Start whole life program for children
  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market
  • Horace Mann Strengthens Customer Relationships and Accelerates Long-Term Growth Through Transactions with Medical Mutual of Ohio
  • Regulators: ‘No firm conclusions’ from first offshore reinsurance filings
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet