The government stimulus package is a financial assistance program designed to provide economic relief to individuals and businesses affected by the COVID-19 pandemic. The package includes direct payments to eligible individuals, expanded unemployment benefits, and loans and grants to small businesses.
The stimulus package is an important tool for helping to mitigate the economic impact of the pandemic. Direct payments can help individuals pay for essential expenses such as food, housing, and healthcare. Expanded unemployment benefits can help workers who have lost their jobs due to the pandemic stay afloat financially. Loans and grants to small businesses can help keep businesses open and prevent layoffs.