The $2 trillion CARES Actis meant to help people get through the coronavirus crisis.Expanded unemployment benefitsand one-time stimulus paymentswill be a lifeline for the millions who have been out of work since non-essential businesses shut down.But down the road, the bill is going to have to be paid.When you add in the cost of the CARES Act, the national debt is racing towards a staggering $25 trillion.And when you compare the debt to the nation’s Gross Domestic Product, or GDP, we’re at levels we haven’t seen since World War II.Pretty terrifying.The numbers are so huge that it’s hard to wra...
How much will the stimulus plan cost each taxpayer? See the staggering numbers.
April 17, 2020 9:12AM ET
