Today Is the Most Important Day for Stimulus Deal Discussions -- Here's Why
You might be tired of the same descriptors being used to describe the coronavirus disease 2019 (COVID-19) pandemic, but the truth is that it has been unprecedented and times are indeed challenging. More than 137,000 Americans have lost their lives to COVID-19, and at one point well over 20 million workers were displaced from their jobs in a matter of weeks. We've never seen anything like this in the modern era.
While the medical community's response to save lives is ongoing, lawmakers felt that the smartest way to combat the financial aspects of an unforeseen pandemic was to throw a record amount of money at it. Thus, the Coronavirus Aid, Relief, and Economic Security (CARES) Act came into existence.
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Source Fool.com
