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The CARES Act granted stimulus checks to Americans to mitigate economic damage, but was it effective? Find out how stimulus checks affected the economy.
Military activities are funded by federal appropriations to the Department of Defense. Learn more about how military spending is used to meet national priorities in war zones.
Despite the increased federal deficit, the expansion of safety net programs have led to generally effective stimulus of the economy. Learn more in our analysis of several programs including Unemployment Insurance, SNAP, and Medicaid.
The first piece in our series on the effectiveness of the fiscal response to the coronavirus pandemic, will take a look at how the government’s response to the pandemic affected the nation’s economy.
In August, the federal government spent $9.3 billion on SNAP — which is 76 percent higher than the amount spent in March.
Amid ongoing negotiations in Washington since the expiration of key relief programs, 89% of voters say that America needs another coronavirus economic aid package, according to the latest Financial Times-Peterson Foundation US Economic Monitor.
The Internal Revenue Service (IRS) had issued 159 million direct payments to Americans — totaling nearly $267 billion — to help mitigate the financial burden of the COVID-19 pandemic.
The Federal Reserve’s lending facilities are one of the many policy tools the central bank is using to stabilize the economy in response to the coronavirus (COVID-19) pandemic.
Climate and weather-related natural disasters are becoming increasingly frequent. In addition to endangering lives, they are economically costly.