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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.
President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...
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 ...
More than 8,800 Ohioans have received federal aid to offset the costs of funerals for loved ones lost to COVID-19. Ohioans have received $57 million in FEMA funeral assistance for COVID-related deaths
[174] [171] Biden also created the White House COVID-19 Response Team to succeed the COVID-19 Advisory Board for a unified federal government response. On January 21, 2021, Biden issued two executive orders, one on the importance of addressing systemic racism and health disparities plaguing underserved communities, and the second on ...
The U.S. government doled out over $200 million of pandemic relief funds that benefitted famous musicians such as Post Malone, Lil Wayne, Chris Brown and Nickelback, according to a report by Insider.
Due to its severity, the COVID-19 pandemic has caused countries to send aid, as part of the international responses and management regarding the pandemic. Types of materials aided includes (but are not limited to) masks , medical supplies , personal protective equipment , money, and test kits.
The Consolidated Appropriations Act, 2021 is a $2.3 trillion [1] spending bill that combines $900 billion in stimulus relief for the COVID-19 pandemic in the United States with a $1.4 trillion omnibus spending bill for the 2021 federal fiscal year (combining 12 separate annual appropriations bills) and prevents a government shutdown.