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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.
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; American Rescue Plan Act of 2021, enacted March 11, 2021; $1.9 trillion
President Donald Trump signed the CARES Act into law on 27 March 2020, but immediately noted that several stipulations related oversight would be ignored. The White House highlighted the language authorizing "the SIGPR to request information from other government agencies and requires the SIGPR to report to the Congress 'without delay' any refusal of such a request that 'in the judgment of the ...
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To amend the Small Business Act and the CARES Act to extend the covered period for the paycheck protection program, and for other purposes. Pub. L. 117–6 (text), H.R. 1799, 135 Stat. 250, enacted March 27, 2021: 117-7 April 14, 2021 (No short title) To prevent across-the-board direct spending cuts, and for other purposes.
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]
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The Pandemic Response Accountability Committee (PRAC) is an independent oversight committee within the Council of the Inspectors General on Integrity and Efficiency, created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 to ensure that the $2.2 trillion of the CARES act, plus 5 other pandemic-related pieces of legislation totaling over $5 trillion in government funds ...