WAW060: CARES Act and How It Affects You Part 1
Congress has passed the CARES Act (Coronavirus Aid, Relief and Economic Securities) which is supposed to help us all get back on our feed during this crazy time. It is a comprehensive bill that will inject an unprecedented 2 trillion dollars into the public. For the average Joe or Jane, it’s not very clear on what this money is going towards. Sure, you might have heard that we’re all getting $1,200, but how does this bill affect unemployment? How does it impact student loans, and what about your retirement? In this episode, we are going to answer all of those questions and more! Find out how this stimulus bill will impact you.
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References: 1. 3 Phase Bill - https://www.pymnts.com/coronavirus/2020/the-2t-stimulus-phase-3-everything-you-need-to-know/
CARES Act Summary - https://www.thebalance.com/2020-stimulus-coronavirus-relief-law-cares-act-4801184
Unemployment Projection - https://www.cnbc.com/2020/03/30/coronavirus-job-losses-could-total-47-million-unemployment-rate-of-32percent-fed-says.html
Stimulus Check Eligibility https://www.washingtonpost.com/graphics/business/coronavirus-stimulus-check-calculator/
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