“Two new studies show the effect of the emergency $2 trillion package known as the Cares Act and what happened when the money ran out.” H. Luke Shaefer, PSC Researcher and director of Poverty Solutions noted, “It wasn’t perfect, but hands down it’s the most successful thing we’ve ever done in negating hardship,” regarding the Cares Act success in reducing poverty while in effect, amid an economic collapse. It showed the benefits of a strong safety net.

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