History was made today when Donald Trump signed the CARES Act into law, which contains the single biggest economic relief package in American history. The $2.2 trillion stimulus package, which was approved by the House of Representatives earlier today, is supposed to offer temporary relief to individuals and industries struggling due to the coronavirus pandemic.
On Thursday, a record-breaking 3.28 million people filed for unemployment in the U.S., which is a snapshot of how many people are not working due to the closures of businesses across the country as a method in preventing the spread of the virus.
As concerns about paying rent and putting food on the table grow for millions of Americans across the country, the government expects to get money out to people as soon as possible.
We have broken down the stimulus package by the numbers so you can see who’s getting money and how much. SWIPE to see our breakdown below:
Other highlights of the bill include:
Roommates, what are your thoughts on the stimulus packages? Let us know.