A New Stimulus Proposal Would Give Folks $1,200, With a Very Large Catch
In a matter of months, the coronavirus disease 2019 (COVID-19) pandemic has killed more than 105,000 Americans, cost more than 41 million people their jobs, based on initial jobless claim filings, and completely upended the longest economic expansion in U.S. history.
It was this unprecedented physical and financial toll over the very short term that led Congress to pass and the president to sign the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law more than two months ago.
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Source Fool.com