# Congress passes CARES Act

Date: 2020

The Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act, is a $2. 2 trillion economic stimulus bill passed by the 116th [United States Congress](/organizations/energy-actor-us-congress) and signed into law by [President Donald Trump](/people/mig-donald-trump) on March 27, 2020, in response to the economic fallout of the [COVID-19 pandemic](/drivers/covid-19-pandemic) in the United States. The spending primarily includes $300 billion in one-time cash payments to individual people who submit a tax return in America, $260 billion in increased unemployment benefits, the creation of the…

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## Methodology

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