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The CARES Act: Are the Tax and Financial Relief Provisions Sufficient in a Time of Economic Crisis?

Constance J Crawford*, Corinne L Crawford and Glenn C. Vallach

Corresponding Author: Constance J Crawford, Anisfield School of Business, Ramapo College of New Jersey, Mahwah, NJ, USA

Accepted: May 19, 2021 Available Online: May 28, 2021

Citation: Crawford CJ, Crawford CL & Vallach GC. (2021) The CARES Act: Are the Tax and Financial Relief Provisions Sufficient in a Time of Economic Crisis? J Infect Dis Res, 4(S1): 05.

Copyrights: ©2021 Crawford CJ, Crawford CL & Vallach GC. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

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The impact of the COVID-19 Pandemic has been staggering for the entire US economic system. Entire industries have been thwarted from operating on any sustainable level. In response, Wall Street reacted with a resounding CRASH… and so… the need for federal intervention became a stark reality for the US economic system’s survival. As major retailers collapse into bankruptcy, the need for continued federal financial support is tantamount to survival for a wide array of fledgling companies. Will the CARES legislation be sufficient to prevent a United States’ economic freefall?

Keywords: CARES Act, Bankruptcy, Pandemic

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