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The Story of COVID-19

Coronavirus Aid, Relief, and Economic Security (CARES) Act passed.

Date: 03/27/2020

The Story of COVID-19
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The act allocates $1200 each for one-time direct payments to adults, $260 billion for increased unemployment payments, $350 billion dollars for small businesses through a Paycheck Protection Program, $500 billion in relief for corporations, and $340 billion to state governments.