000 01509nab a2200265 c 4500
999 _c142977
_d142977
003 ES-MaIEF
005 20201014105245.0
007 ta
008 201014t2020 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
041 _aeng
245 0 _aCOVID-19, the CARES Act, and families financial security
_c Neil Bhutta, Jacqueline Blair, Lisa Dettling, and Kevin Moore
260 _c2020
500 _aResumen.
504 _aBibliografía.
520 _aIn response to the severe economic shock induced by the COVID-19 pandemic, Congress passed the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act. Using data on savings, income, and expenses from the Survey of Consumer Finances, we show that cash assistance included in the CARES Act allows almost all families to cover their normal, recurring expenses in the event of long-term unemployment. In the absence of government support, nearly half of families who lose their income for six months would not be able to cover their expenses due to low levels of liquid saving and standard unemployment insurance benefits that do not fully replace income.
650 _aPANDEMIAS
_967998
650 _aCORONAVIRUS
_967999
650 4 _aASISTENCIA SOCIAL
_932194
650 4 _948107
_aPRESTACIONES SOCIALES
650 4 _aESTADOS UNIDOS
_942888
700 1 _968447
_aBhutta, Neil
773 0 _9163516
_oOP 233/2020/3
_tNational Tax Journal
_w(IEF)86491
_x 0028-0283
_gv. 73, n. 3, September 2020, p. 645-672
942 _cART