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Retail Recovery Veils Serious Headwinds

PYMNTS

The CARES Act upped jobless benefits by $600 a week, authorized one-time stimulus payments, and made loans to 5 million small businesses to help prop up payrolls. Bureau of Labor Statistics, the U.S. Department of the Treasury’s Bureau of the Fiscal Service, the Federal Reserve Board of Governors, and the U.S.

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What We’ve Learned Watching Uncle Sam Disburse $2T In Stimulus Payments

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After all, no lawmaker or administration official wants to be “the one” standing in the way of getting economic relief to people or small businesses hit hard by the economic devastation caused by the COVID-19 pandemic. Instead, said Edwards, they handed it off to the dual purviews of the IRS and the Bureau of the Fiscal Service. “By