Fiscal Policy and the CARES Act Break down the CARES Act into its components and discuss which side(s) of the AD/AS model each component is designed to stimulate

A pandemic occured in 2019 knowns COVID19 had a huge impact on health and economical balance in US.

(CARES) Act was passed by Congress with overwhelming, bipartisan support and signed into law by President Trump on March 27th, 2020 to fight against the COVID19 Pandemic. This package is over $2 trillion economic relief package delivers on the Trump Administration’s commitment to protecting the American people from the public health and economic impacts of COVID-19.

With most forecasters predicting that the U.S. economy is either already in a recession or heading into one, policymakers crafted legislation that dedicates historic government funding to support large and small businesses, industries, individuals and families, gig workers and independent contractors, and hospitals.

The CARES Act provides fast and direct economic assistance for American workers, families, and small businesses, and preserve jobs for our American industries.

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