ABSTRACT

CARES Act Coronavirus Relief Fund: The Prime Recipient Perspective   [open pdf - 0B]

From the Introduction: "The impact of the COVID-19 [coronavirus disease 2019] public health emergency has stretched beyond any global catastrophe experienced in the past century. With cases of the virus increasing at an astounding rate in the month of March, President Trump declared a national emergency. This set off a chain of events culminating in an extraordinary spike in unemployment rates amid a crashing economy which put immense pressure on State and local governments to continue providing public services through the turbulence of rapidly decreasing revenues. Congress was pushed to take urgent action to address the landslide of challenges that erupted as the country fell into a deadlock, and on March 27th, the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law."

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Date:
2020-10
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Copyright:
2020 Government Finance Officers Association
Retrieved From:
Government Finance Officers Association: https://www.gfoa.org/
Media Type:
application/pdf
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