The Coronavirus Aid, Relief, and Economic Security Act


Book Description

"In response to financial difficulties due at least in part to the public health pandemic COVID-19, Congress enacted Public Law 116-136, the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"). Among other provisions, the CARES Act includes several items targeted to individuals who receive assistance from a program of the U.S. Department of Agriculture (USDA). This issue brief summarizes a few key provisions of the CARES Act affecting these programs." -- page 1.













Coronavirus Aid, Relief, and Economic Security Act (CARES Act)


Book Description

Coronavirus Aid, Relief, and Economic Security Act H.R. 748: The largest bill signed into law in the history of the United States This is the $2 trillion coronavirus stimulus bill. The bill was introduced on an unrelated matter, but on March 25, 2020, the Senate replaced its text in whole with the stimulus bill. The bill would: Send $1,200 to each American making $75,000 a year or less. Add $600/week to unemployment benefits for four months. Give $100 billion to hospitals and health providers and increases Medicare reimbursements for treating coronavirus. Give $750 million to food banks, to Puerto Rico and the other territories for food assistance, and to programs for food distribution on American Indian reservations. Make $500 billion of loans or investments to businesses, states and municipalities, and $32 billion in grants to the airline industry. Relief for those with federally-backed mortgages. Delay student loan payments Notice This is a re-paperback book version of the "Coronavirus Aid, Relief, and Economic Security Act H.R. 748". Full version, All Chapters included. This publication is available (Electronic version) in the official website of the U.S. Congress. Disclaimer: "The use or appearance of U.S. Congress, text, images or logos, Seals on this version does not imply or constitute endorsement of the distribution service."