Congress is currently debating another round of COVID19, or "Cares Act" Funding. At this point it...

Congress is currently debating another round of COVID19, or "Cares Act" Funding. At this point it is uncertain what will be in the funding package. "What should AND should NOT be included in the next COVID-19 Funding Package" Give two examples for each.

Expert Solution

Inclusion in the covid-19 package-

A. There should be an inclusion of the medical expenses and specific allocation to the medical expenses.

B. That should be specific job loss compensation in order to help the unemployed from turbulence arising out of job loss.

Exclusion in the covid-19 package-

A. These allowances should not be used to buy out items of Leisure and unnecessary extravegancy.

B. Allowances should also not been allocated to buy any kind of drugs and other non medical alcohols.

jeff jeffy answered 2 years ago

Congress is currently debating another round of COVID19, or "Cares Act" Funding. At this point it...

Congress is currently debating another round of COVID19, or "Cares Act" Funding. At this point it is uncertain what will be in the funding package. What should AND should NOT be included in the next COVID-19 Funding Package? Respond to the below statements 1 Congress should include to all immigrants who have an ITIN and those who are undocumented workers. Congress should also provide them with cash assistance, unemployment and health insurance, since many immigrants with the ITIN also pay...

1) The Congress passed the Coronavirus Aid, Relief, and Economic Security Act,a.k.a the CARES Act. It is...

1) The Congress passed the Coronavirus Aid, Relief, and Economic Security Act,a.k.a the CARES Act. It is a: Select one: a. Contractionary fiscal policy b. Expansionary fiscal policy c. Contractionary monetary policy d. Expansionary monetary policy 2) In March 2020, the FED lowered the Federal Funds Rate, the benchmark interest rate, from 1.5% to 0.05%. This is: Select one: a. Expansionary fiscal policy b. Expansionary monetary policy c. Contractionary fiscal policy d. Contractionary monetary policy 3) Which of the following best...

Congress passed and the president signed the CARES Act in response to the economic hardships brought...

Congress passed and the president signed the CARES Act in response to the economic hardships brought on by the recession. What are the main features of the CARES Act? For each element, explain how it may help to mitigate the impacts of the recession. In your explanation, you should describe how these policies would affect the AS-AD model.

Congress passed the CARES Act to provide an economic safety net during the Covid-19 pandemic shutdown....

Congress passed the CARES Act to provide an economic safety net during the Covid-19 pandemic shutdown. The CARES Act included stimulus checks that were sent to some households. Households with individuals making up to $75,000 received a $1,200 check and households with married couples making up to $150,000 received a $2,400 check. Think about how the savings rate varies with household income and the utility of savings versus spending when answering the questions below. Explain why Congress only sent stimulus...

Question

Congress is currently debating another round of COVID19, or "Cares Act" Funding. At this point it...

Solutions

Expert Solution

Related Solutions

Congress is currently debating another round of COVID19, or "Cares Act" Funding. At this point it...

1) The Congress passed the Coronavirus Aid, Relief, and Economic Security Act,a.k.a the CARES Act. It is...

Congress passed and the president signed the CARES Act in response to the economic hardships brought...

Congress passed the CARES Act to provide an economic safety net during the Covid-19 pandemic shutdown....