How Does The CARES Act Work?

Recently, many clients have been asking about how the CARES Act works, the $2 trillion that will provide relief to several groups impacted by the coronavirus pandemic. Today I’m covering a few of the main points from the Act. For example, an estimated $560 billion will be given to individual people in need, and $377 billion will be provided to small businesses that require assistance. Senate Majority Leader Mitch McConnell defined this legislation as necessary emergency relief and promised to put partisanship aside to get it done. For individuals, if you earn less than $75,000, you’ll gain $1,200 from the government. To learn more about how the CARES Act could benefit you, watch the short video above.

Learn more: https://insideocrealestate.com/whats-in-the-cares-act.html

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Alex Yu
Broker Associate, CIPS
First Team Estates / Christie's International Real Estate
4 Corporate Plaza, Suite 100, Newport Beach, CA 92660
949-682-8880
alexyu@firstteamestates.com
www.alexanderyu.com

Видео How Does The CARES Act Work? канала Alex Yu - Changing Lives for Good