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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 ...
While COVID-19 increased mortality in general, different countries experienced dramatically different impacts on birth rate. Birth rates in the US declined, whereas Germany's reached an all-time monthly high. [85] Some in China had initially thought that their COVID-19 lockdowns would boost birth rate, but that prediction was proven wrong. [86]
On January 22, 2021, Biden released an executive order addressing the economic crisis due to COVID-19. [ 187 ] Biden voiced support for $600 extra weekly unemployment benefits, increasing Social Security checks by $200 monthly, federally funded COBRA insurance for those who have lost their jobs during the pandemic, paid sick leave, as well as ...
The coronavirus crisis is three crises in one. It requires a co-ordinated cross-boundary effort to avert, says the COO of Bitwise Asset Management. The US Needs a Wartime Effort to Win the ...
By the end of the month, 82 million households won’t have shutoff protections, including 11 million of households that were living below the poverty line before the pandemic began, according to ...
This section's factual accuracy may be compromised due to out-of-date information. The reason given is: Many emergency declarations have been lifted or expired, as have many stay-at-home and mask orders.. Please help update this article to reflect recent events or newly available information. (July 2021)
Three of 10 Americans who lost work during the coronavirus pandemic said they may have trouble paying for food or housing.
Gilbert F. Houngbo, President of the International Fund for Agricultural Development, warned that due to the coronavirus, cross-border remittances will fall by 20 per cent, or $110 billion, to $445 billion, potentially causing tens of millions to fall below the poverty line and undermining progress towards fulfilling the 2030 Agenda for ...