CARES Act

The CARES Act, passed in March 2020, is a federal law designed to provide financial relief during the COVID-19 pandemic. It offered economic support through stimulus checks to individuals, expanded unemployment benefits, and loans to small businesses to help prevent layoffs. It also allocated funding for hospitals, COVID-19 testing, and vaccine development. The goal was to stabilize the economy, support workers and families, and ensure healthcare systems could respond effectively to the health crisis.