How the $600-per-Week Bonus Could Backfire

In r esponse to the COVID-19 pandemic, Congress has now passed four bills aimed at mitigating the public health crisis and subsequently minimizing the economic consequences of containment measures. The largest package, the Coronavirus Aid, Relief, and Economic Security (CARES) Act, includes sweeping measures estimated to provide at least $1.8 trillion in new spending and tax relief, with a grand total, thus far, of about $2.7 trillion. Read Full Article »