Big Changes May Be Coming to Your Next Stimulus Check

For the past three months, the U.S. economy has been tested like never before. The coronavirus disease 2019 (COVID-19) pandemic has pushed more than 39 million people out of work over a nine-week stretch, with the official unemployment rate likely to rival, and perhaps even surpass, the all-time peak of 25% set during the Great Depression.

Knowing full-well the scope of the economic damage that would be caused by shutting down nonessential businesses in an effort to stem disease transmission, Congress passed and President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law more than two months ago, on March 27.

Image source: Getty Images.

Continue reading


Source Fool.com