3 Big Reasons a Second Stimulus Check Is Likely
Over the past three months, the U.S. has experienced an unprecedented economic catastrophe brought on by the coronavirus disease 2019 (COVID-19) pandemic. With the U.S. becoming the epicenter of the outbreak, most states chose to shut down nonessential businesses to curb virus transmission. In doing so, we witnessed more than 41 million Americans get displaced from their jobs, as evidenced by initial unemployment benefit claims.
This never-before-seen level of disruption is what prompted Congress to pass and President Trump to sign the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law on March 27.
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Source Fool.com
