Shaefer comments on the Cares Act impact in negating hardship during COVID-19 pandemic
an In The Media Reference
"8 Million Have Slipped Into Poverty Since May as Federal Aid Has Dried Up" - New York Times. 10/15/2020.
"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.
Researchers:
