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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. [ 3 ][ 4 ] The ...
The Act also allocated $350 billion in assistance to state and local governments, $14 billion for COVID-19 vaccine distribution, and $130 billion to schools to help them safely re-open for in-person instruction. The Act included $300 billion in unemployment benefits that were scheduled to extend through Labor Day 2021, as well as an expanded ...
In a statement, the White House said the law "provides paid leave, establishes free coronavirus testing, supports strong unemployment benefits, expands food assistance for vulnerable children and families, protects front-line health workers, and provides additional funding to states for the ongoing economic consequences of the pandemic, among other provisions."
For the first time nationally, independent contractors and gig workers can receive unemployment benefits — through Pandemic Unemployment Assistance. Millions of Americans have relied on this ...
The law requires Americans to be “able and available” for work to qualify for the assistance. An individual who has COVID-19 doesn’t meet this core requirement, Evermore said.
Gov. Kim Reynolds rejected federal extended unemployment benefits starting in May 2021. Several recipients sued over the cutoff of their benefits Iowans can't sue over early end to COVID-19 ...
It also funded $300 weekly unemployment insurance for 11 weeks, boosted the Supplemental Nutrition Assistance Program (SNAP) and provided $400 million to food banks, extended the eviction moratorium (previously set to expire January 1, 2021) by 30 days, and suspended student loan debt until April 2021.
That’s despite the fact that President Biden’s American Rescue Plan, designed to provide financial relief to those impacted by the COVID-19 pandemic, includes a provision that lets taxpayers ...
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