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Discussion Paper

Acts of Congress and COVID-19: A Literature Review on the Impact of Increased Unemployment Insurance Benefits and Stimulus Checks


Abstract: Congress passed the first COVID-19 relief package for businesses and individuals in March 2020, when the Coronavirus Aid, Relief and Economic Security (CARES) Act was enacted, providing, among other things, one-time stimulus checks for individuals, extended unemployment insurance (UI) benefits, relief for state and local governments, liability protection, and the Paycheck Protection Program for small-business loan forgiveness.

https://doi.org/10.17016/2380-7172.2848

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File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/acts-of-congress-and-covid-19-unemployment-insurance-benefits-and-stimulus-checks-20210224.htm

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2021-02-24

Number: 2021-02-24-2