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ARTICLE · 06 AUGUST 2020

Money For Nothing—Except Potential False Claims Act Liability

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The Coronavirus Aid, Relief, and Economic Security ("CARES") Act (P.L. 116-136) was passed by Congress and signed into law by President Trump on March 27, 2020.

United StatesGovernment, Public Sector
Leon Rodriguez
Leon Rodriguez
Edward Arnold
Edward Arnold
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CARES Act

The Coronavirus Aid, Relief, and Economic Security ("CARES") Act (P.L. 116-136) was passed by Congress and signed into law by President Trump on March 27, 2020. The CARES Act provides over $2 trillion of economic relief in order to protect the American people from the public health and economic impacts of COVID-19. Throughout its more than 300 pages, the CARES Act implements many initiatives targeted at various industries and economic sectors that are designed to stimulate cash flow and provide security for those at-risk.

The most notable provisions of the CARES Act impact individuals directly and include an expansion of unemployment benefits and direct payments to individuals under a certain income threshold. The CARES Act also provides protections for both large and small businesses, including $500 billion allotted for distressed industries, as well as $376 billion to small business in the form of various lending programs. The CARES Act also

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