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USAFacts
USAFacts
Health

The $2 trillion CARES Act, a response to COVID-19, is equivalent to 45% of all 2019 federal spending

Congress passed several major pieces of legislation responding to the COVID-19 pandemic in the past few weeks. What’s the difference between these bills, currently being discussed in phases, and what’s the best way to measure the size of the CARES Act in the context of previous government spending?

Phases I & II: First stages of the coronavirus response

Phase One – Health agencies and initial small business loans

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