Current Events Public Policy

The coronavirus bailout package in one picture

The Coronavirus Aid, Relief, and Economic Security (CARES) Act has been passed by the Senate and signed by the President. There are mixed opinions about this specific bill, but certainly a bailout/relief package of some size was needed. What is in the package? The Committee for a Responsible Federal Budget (CRFB) has a nice visualization.

http://www.crfb.org/blogs/visualization-cares-act

2 Comments

  1. The alternative being what – economic collapse? Another Great Depression? Even the most anti-Administration member of Congress, Nancy Pelosi, not only voted for the package, but issued a press release immediately after it was passed by the House taking credit for the relief package.
    Life is not perfect. We live in a world a lot more complicated than one hundred years ago.

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