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CARES Act Offers Relief, Support for US Healthcare Sector During COVID-19 Response – Updated

March 27, 2020

As the outbreak of the Coronavirus (COVID-19) affects every sector of the US economy, the US Congress and the White House came together to provide funding, supplies and regulatory relief to address the crisis. The US Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 25, 2020. The US House of Representatives followed suit and passed the bill on March 27, 2020. The President signed it into law shortly after. The CARES Act represents the third stimulus bill passed by Congress in response to the COVID-19 pandemic. With $2 trillion in allocations, it is the largest stimulus bill in US history. Click here for a summary of the legislation. 

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