Multiple choice question.
It required that state governments match a certain percentage of federal aid to its citizens.
It restricted state and local governments from increasing taxes.
It provided a large amount of aid directly to state and local governments.
It attached legislation to discourage local governments from reducing spending
1 answer
The correct answer is:
It provided a large amount of aid directly to state and local governments.
The CARES Act was designed to support state and local governments financially in response to the economic downturn caused by the COVID-19 pandemic, helping to mitigate the effects of pro-cyclical fiscal policies.
