On March 27th, 2020, Congress passed, and the President signed into law, The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in response to the Global COVID-19 pandemic. This $2 trillion emergency funding package is designed to inject immediate liquidity into the economy on several fronts. Of critical importance to large organizations are the […]
Read moreThe CARES Act (Coronavirus Aid Relief and Economic Security Act) is the third phase of legislative response to the COVID-19 crisis. The Act is $2.2 trillion of government spending, and it is more than 10% of US GDP. The law provides economic aid to individuals, businesses, and specific industries, in addition to support for hospitals, healthcare […]
Read moreOn March 27, Congress passed the $2 trillion “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) in order to provide “emergency assistance and health care response for individuals, families and businesses affected by the 2020 coronavirus pandemic.” The largest rescue package in American history, this historic piece of legislation includes a number of programs designed to offset the […]
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