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The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
On April 3, Trump announced that the federal government would use funds from the CARES Act to pay hospitals for treatment of uninsured patients infected with the coronavirus. [30] On April 20, Trump said he would sign an executive order to temporarily suspend immigration to the U.S. because of the pandemic. [31] [32]
Paycheck Protection Program and Health Care Enhancement Act – April 2020; Paycheck Protection Program Flexibility Act of 2020 – June 2020; A bill to extend the authority for commitments for the paycheck protection program – July 2020; Consolidated Appropriations Act, 2021 – Includes $600 stimulus checks, December 2020; American Rescue ...
At the beginning of the pandemic to early June 2020, Democratic-led states had higher case rates than Republican-led states, while in the second half of 2020, Republican-led states saw higher case and death rates than states led by Democrats. As of mid-2021, states with tougher policies generally had fewer COVID cases and deaths {needs update}.
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package or American Rescue Plan, is a US$1.9 trillion economic stimulus bill passed by the 117th United States Congress and signed into law by President Joe Biden on March 11, 2021, to speed up the country's recovery from the economic and health effects of the COVID-19 pandemic and recession. [1]
Due to the COVID-19 pandemic, Congress and President Trump enacted the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 18, 2020. The Congressional Budget Office estimated that the budget deficit for fiscal year 2020 would increase to $3.3 trillion or 16% GDP, more than triple that of 2019 and the largest ...
Families First Coronavirus Response Act, enacted March 18, 2020; $104 billion; CARES Act, enacted March 27, 2020; $2.2 trillion; HEROES Act, passed by the House of Representatives on May 15, 2020, but never enacted into law; $3 trillion; Consolidated Appropriations Act, 2021, enacted December 27, 2020; included $900 billion in COVID-19 relief
In December 2020, the New York State Legislature passed a state moratorium on evictions. [11] In May 2021, the legislature extended the moratorium until August 31. [12]The Supreme Court struck down a provision of the state moratorium that protected people who filed a form declaring economic hardship, rather than providing evidence in court.