5 States With the Smallest Average Stimulus Checks
Over the past 1 1/2 months, the coronavirus disease 2019 (COVID-19) pandemic has wreaked never-before-seen havoc on the U.S. economy and labor market. With roughly a third of the 2.9 million worldwide confirmed cases of COVID-19 originating in the United States, drastic action to curb disease transmission has been taken. This has included mandated stay-at-home orders in most states, as well as the shutdown of nonessential businesses. Ultimately, it's cost more than 26 million people their jobs in a four-week stretch.
But unique times have called for an even more unprecedented response.
On March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act into law. At $2.2 trillion, it's the largest economic stimulus bill in history and demonstrates the lengths lawmakers will go to in order to support businesses and working Americans during this pandemic.
Source Fool.com
