15 Million Americans Plan to Turn Their Trump Stimulus Check Into a Money Machine
An unprecedented pandemic calls for unprecedented action. In the wake of the proliferation of the coronavirus disease 2019 (COVID-19), which has been confirmed in more than 2 million people worldwide and north of 600,000 Americans, Congress acted swiftly to pass the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27, which was subsequently signed into law by President Trump.
The CARES Act is a $2.2 trillion stimulus juggernaut that provides $500 billion in loans to distressed industries, $350 billion in small business loans, $260 billion to broaden the unemployment benefits program, and $300 billion for direct stimulus payments to American workers and seniors.
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Source Fool.com
