3 Key Stimulus Check Dates Seniors Need to Know

The proliferation of the coronavirus disease 2019 (COVID-19) has presented the United States with a series of never-before-seen challenges. With more than 1 million confirmed cases leading to over 58,000 deaths, most U.S. states have had little choice but to shut down nonessential businesses and enforce stay-at-home orders to stem transmission of the disease. But doing so has led to the loss of more than 26 million jobs and put a decisive end to the longest economic expansion in history.

In response to the coronavirus pandemic, lawmakers on Capitol Hill passed, and President Trump signed, the Coronavirus Aid, Relief, and Economic Stimulus (CARES) Act into law on March 27. The CARES Act, the largest economic stimulus package ever signed into law at $2.2 trillion, sets aside money for distressed industries, hospitals, small business loans, and the unemployment benefits program.

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