期刊名称:Federal Reserve Bank of Kansas City - Economic Review
印刷版ISSN:0161-2387
出版年度:2021
卷号:106
期号:2
语种:English
出版社:Federal Reserve Bank of Kansas
摘要:The COVID-19 pandemic dealt a sudden shock to the U.S. economy as state and local governments implemented restrictions and individuals took preventative measures to slow the spread of the virus. In response to deteriorating economic conditions, Congress enacted unprecedented policy relief measures to support households, businesses, and the broader economy. To date, six federal relief bills—costing approximately $6 trillion—have passed into law, implementing new programs as well as policies used in previous recessions. Compared with previous fiscal stimulus responses, these relief programs have been unmatched in size and scope, speed of response, and novelty of design.