Most Americans Think Stimulus Aid Falls Short
The COVID-19 virus hasn't just sickened Americans across the country; it's also slaughtered the U.S. economy. In the span of three weeks, over 16 million people filed for unemployment benefits as a result of losing their jobs. Meanwhile, countless small businesses have been forced to close their doors because of social-distancing mandates or the lack of the funds to stay operational.
Thankfully, there's relief in the works. In late March, a $2 trillion stimulus package was approved that's designed to assist jobless individuals and businesses alike. In addition to extended unemployment benefits and a $600 weekly boost, the relief package calls for a $1,200 stimulus payment to go out to Americans whose incomes fall below a certain threshold. On top of that $1,200, those with eligible dependents will receive $500 per child.
IMAGE SOURCE: GETTY IMAGES.
Source Fool.com