We cover coronavirus stimulus in the US. Get facts and updates on the CAREs act, stimulus check, and other aspects of the 2020 stimulus package.
What is the coronavirus stimulus? There have been a series of bills aimed at relief and stimulus for Coronavirus. These include the coronavirus relief found in the Families First Coronavirus Response Act, which expands employee paid leave rights and makes COVID-19 tests free for most Americans, and a $2 trillion stimulus package called the “Coronavirus Aid, Relief, and Economic Security Act” or the “CARES Act” which includes a $1,200 check for every American adult plus $500 per child based on income, forgivable loans for small businesses, and $600 additional unemployment income for workers beyond what the state pays.
On this site we’ll cover important news items related to the relief and stimulus including important but simple questions related to getting the most out of the stimulus.
FACT: The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, 2020 by President Donald Trump.
FACT: The stimulus check is officially called an Economic Impact Payment.