Phase III: Coronavirus Aid, Relief, and Economic Security (CARES) Act

Kevin McCarthy

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Mar 26, 2020 · 3 min read

The U.S. Congress and White House have developed “phase three” legislation to respond to COVID-19 crisis. It provides needed resources to health care professionals and patients as well as financial relief for American workers, families, small businesses and industries.

The Coronavirus Aid, Relief, and Economic Security, also known as the CARES Act, provides direct and immediate assistance to those who need it most — and it does so quickly. It supports every layer of our economy.