12 Reasons You Haven't Received a Stimulus Check
A little over five weeks ago, lawmakers passed and President Trump signed into law the largest economic stimulus package in U.S. history. The $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act was constructed out of necessity after the spread of the coronavirus disease 2019 (COVID-19) shut down nonessential businesses throughout much of the U.S. and put in excess of 26 million people out of work in a period of four weeks.
As you might imagine, the CARES Act is primarily geared at helping businesses make it through a truly unprecedented time. Some $500 billion was set aside for distressed businesses, another $350 billion was directed toward small business loans, and $260 billion was used to expand the unemployment benefits program. But what Americans care about most is the roughly $300 billion allocated toward direct stimulus payouts.
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Source Fool.com
