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This Is the Biggest Hurdle to a Second Stimulus Check


While some folks are likely tired of hearing about how these are "challenging" or "unprecedented" times, the language certainly fits the bill. Uncertainty surrounding the coronavirus disease 2019 (COVID-19) pandemic has caused more than 40 million people to file an initial unemployment claim in less than three months, and more than doubled the unemployment rate since February to 13.3%.

With most states enacting a multi-week, or in some instances multi-month, shutdown of nonessential businesses, the federal government was left with little choice but to step in and provide relief to ailing industries, small businesses, and working Americans. Thus was born the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

Image source: Getty Images.

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Source Fool.com


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