The Coronavirus Aid, Relief, and Economic Security Act: Summary of Key Health Provisions

All three of those bills have run their course, but their longer-term effects are still largely unknown. Will small businesses continue to employ those whose paychecks were subsidized by the government? Will people who benefitted from the moratorium on evictions and foreclosures be able to make up their missed payments? Will people who took out retirement money to get through the crisis be able to make up their shortfalls? The plan allowed people to take special disbursements and loans from tax-advantaged retirement funds of up to $100,000 without facing a tax penalty. Finally, funds were allocated for administration, training, consulting, and education related to these loan programs.

Small Business Programs

Both state health programs have had to cover transgender health care since lower federal district courts ruled in favor of the patients in 2022, she says. A Jefferson City, Mo. man has pleaded guilty in federal court to a $12.4 million bank fraud scheme that included fraudulent Paycheck Protection Program (PPP) loans for four businesses. The Committee may hold public hearings, and Committee personnel may conduct necessary inquiries. It also includes $5 billion for Community Development Block Grants, $13 billion for K-12 schools, $14 billion for higher education and $5.3 billion for programs for children and families, including immediate assistance to child care centers. The main features for small businesses are emergency grants and a forgivable loan program for companies with 500 or fewer employees.

EMERGENCY RENTAL ASSISTANCE

The legislation required the creation of a Pandemic Response Accountability Committee. On March 30, the inspectors general selected Glenn Fine, who had been an inspector general in four presidential administrations and who was serving as acting Pentagon inspector general, to chair the committee. One week later, Trump removed Fine from his position as acting Pentagon inspector general, making him ineligible to chair the committee.[135] Michael E. Horowitz instead became the acting chair. An additional $900 billion in relief was attached to the Consolidated Appropriations Act, 2021, which was passed by Congress on December 21, 2020, and signed by President Trump on December 27, after some CARES Act programs being renewed had already expired.

Did CARES Act benefits reach vulnerable Americans? Evidence from a national survey

The vast majority of the funding was administered through Federal Reserve emergency lending facilities. Financial institutions, public entities, and businesses of all kinds were eligible. The stimulus plan relaxed numerous laws, Medicare payment rules, CARES Act and drug approval requirements to allow more flexibility to respond to the emergency. If taxpayers did not receive their direct stimulus payments of $1,200 per adult and $500 per child, they could claim the amount they were due as a tax credit.

The benefits under the PEUC program that expired on Dec. 31, 2020, were extended to March 14, 2021, as a result of the Continued Assistance for Unemployed Workers Act of 2020 (or the Continued Assistance Act). Congress and signed into law by President Trump on Dec. 27, 2020, as part of the Consolidated Appropriations Act (CAA), 2021. The CARES Act also established the Pandemic Emergency Unemployment Compensation (PEUC) program, which allowed workers who had exhausted their unemployment compensation benefits to receive 13 more weeks of benefits, if they were able to work.

Deepwater Man Sentenced for $500,000 CARES Act Fraud

• The stimulus plan addressed both emergency health care and financing for treatment and prevention of COVID.
• American Indian reservations, Puerto Rico, Northern Mariana Islands and American Samoa all get additional funds and access to federal nutrition programs.
• States will also now be required for the first time to disclose provider payment rates publicly.
• This pause on payments and interest was extended numerous times, but came to an end in September 2023 when interest began to accrue again with payments beginning in October 2023.
• The Senate has passed a roughly $2 trillion coronavirus response bill intended to speed relief across the American economy.
• This rule will not only benefit residents and their families, it will also ensure that workers aren’t stretched too thin by having inadequate staff on site, which is currently a common reason for worker burnout and turnover.

Housing Programs