Talk:CARES Act

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Data visualizations for allocations[edit]

Sankey diagram
Bar chart

This morning @Farcaster: Shared the "bar chart" here. Yesterday SevenandForty posted "Where the money goes in the US Senate's $2T coronavirus stimulus bill" at Reddit in their forum /r/dataisbeautiful.

Farcaster, thanks for creating this original graphic which does look good as a small figure here in Wikipedia. I was really impressed with Sevenandforty's graphic as I saw it in large form at reddit, and with the thousands of comments it attracted in the discussion I linked above. I asked 7&40 to upload it to Wikimedia Commons, and they were a sport and donated it, so thanks.

Does anyone have feedback on the best way to illustrate this Wikipedia article? I like the detail and look of the Sankey diagram, and I like that the bar chart seems more orderly when shrunk to a thumb. Blue Rasberry (talk) 23:26, 27 March 2020 (UTC)[reply]

I like them both, but you are right the bar graph is simpler and easier to look at. Maybe we could put the Sankey diagram farther down the article (maybe in the Senate agreement section) to reduce clutter if they are too close together. JEN9841 (talk) 18:47, 28 March 2020 (UTC)[reply]
That visualization is helpful and should be included. Bangabandhu (talk) 13:53, 18 April 2020 (UTC)[reply]

Ivanka's influence & banks; add ?[edit]

Bank executives personally appealed to Ivanka Trump for higher interest rates for the Paycheck Protection Program (passed last week). Interest rates were later increased to 1% from 0.5% on the emergency loans after Ivanka relayed to Treasury Secretary Steven Mnuchin and other administration officials requests to increase the rates on the forgivable, government-backed loans, and to make a greater effort to encourage community and regional banks to participate.

X1\ (talk) 09:52, 7 April 2020 (UTC)[reply]

GAO reviews, add?[edit]

The Government Accountability Office plans to have at least 30 CARES Act reviews and audits underway by the end of April. The office is required, under the $2 trillion in coronavirus relief package, to brief Congress every month and issue a bimonthly public report on its findings.

X1\ (talk) 03:05, 29 April 2020 (UTC)[reply]

Requested move 17 May 2020[edit]

The following is a closed discussion of a requested move. Please do not modify it. Subsequent comments should be made in a new section on the talk page. Editors desiring to contest the closing decision should consider a move review after discussing it on the closer's talk page. No further edits should be made to this discussion.

The result of the move request was: Page moved. (closed by non-admin page mover) Jerm (talk) 18:51, 24 May 2020 (UTC)[reply]

Coronavirus Aid, Relief, and Economic Security Act → CARES Act – Per WP:COMMONNAME. CARES Act is by far the more common title compared to the act's full name. Compare 6,030,000 to 347,000 in Google search results, for example. Michipedian (talk) 18:45, 17 May 2020 (UTC)[reply]

The discussion above is closed. Please do not modify it. Subsequent comments should be made on the appropriate discussion page. No further edits should be made to this discussion.

The wiki article lacks a citation for the CARES Act signed into law[edit]

I'm trying to locate the text of the actual CARES Act that was signed into law. I'm following the links provided in this article. None of the links are good. They point to the original House Resolution 748 for "An Act to amend the Internal Revenue Code of 1986 to repeal the excise tax on high most employer-sponsored health coverage". (See the history of the Act at Partly false claim: CARES Act bill introduced in January 2019, hinting at coronavirus conspiracy (only the US Congress could make a mess like that)).

If someone would like to try and find the elusive text, it should be found under Public Law 116-136. Searching sites like govinfo.gov provides lots of hits for Public Law 116-136, but they are references to Public Law 116-136 and not the actual public law.

Can someone please provide an authentic link to the actual law on a site like https://www.govinfo.gov?

Jeffrey Walton (talk) 03:06, 28 May 2020 (UTC)[reply]

Hi @Noloader:. You can find the text as signed here, at the enrolled version. It will eventually be published as a slip law here; it looks like it hasn't been yet, which is a little unusual, but there's a note that large bills (which this certainly is) can take longer. There's an explanation of the process here. As for the meme about when it was introduced, you can see the whole history here: house bill history. -- phoebe / (talk to me) 01:18, 11 July 2020 (UTC)[reply]
PS I am not sure what links you were following; the one at the bottom of the page under external links goes to the text, and the footnotes seem fine too. Was there a particular broken link you found? -- phoebe / (talk to me) 01:23, 11 July 2020 (UTC)[reply]

$1200 stimulus check?[edit]

Were the $1200 stimulus checks authorized by this act or were they part of another piece of legislation? MightyArms (talk) 01:52, 26 July 2020 (UTC)[reply]

That was this one; I added a reference to this in the lead. JEN9841 (talk) 15:51, 13 October 2020 (UTC)[reply]

Error?[edit]

Passed the House on July 17, 2019[a] (419–6) — Preceding unsigned comment added by Ivowelch (talk • contribs) 18:54, 26 August 2020 (UTC)[reply]

Some Proposed Changes[edit]

Hello, I am employed by Boston University's Fineman & Pappas Law Libraries. After reviewing this Wikipedia page, I believe that information from one of our faculty's scholarship might provide a valuable addition to this page. I would appreciate it if this requested edit could be reviewed.

Add two sentences to last paragraph in Budgetary Impact section to explain how money was distribute: "CBO reported that not all parts of the bill will increase deficits. "Although the act provides financial assistance totaling more than $2 trillion, the projected cost is less than that because some of that assistance is in the form of loan guarantees, which are not estimated to have a net effect on the budget. In particular, the act authorizes the Secretary of the Treasury to provide up to $454 billion to fund emergency lending facilities established by the Board of Governors of the Federal Reserve System." BlackRock was authorized by the Federal Reserve to distribute the $454 billion as part of the CARES-Act stimulus effort.[1] There was some concerns that Blackrock's analysis of climate change risk would skew the company's investment efforts, but the Federal Reserve awarded the work to Blackrock via a no-bid contract.[2]

Cf2022 (talk) 17:21, 24 January 2021 (UTC)Cf2022[reply]

References

  1. ^ Condon, Madison. "The Firm Administering the Coronavirus Rescue Considers Climate Risks in Its Ordinary Investments". The Slate Group.
  2. ^ Condon, Madison. "The Firm Administering the Coronavirus Rescue Considers Climate Risks in Its Ordinary Investments". The Slate Group.
Whether BlackRock takes or not climate-change risk into consideration for its security purchases, it’s tangential to this article. The citation you provided concludes that “It is unlikely that BlackRock will implement climate risk screening tools in its short-term Fed program contract”. I believe this additional phrase doesn’t add value to the article. Ferkijel (talk) 21:54, 1 April 2021 (UTC)[reply]

"COVID-19 stimulus" listed at Redirects for discussion[edit]

A discussion is taking place to address the redirect COVID-19 stimulus. The discussion will occur at Wikipedia:Redirects for discussion/Log/2021 August 23#COVID-19 stimulus until a consensus is reached, and readers of this page are welcome to contribute to the discussion. SunDawntalk 03:52, 23 August 2021 (UTC)[reply]

"Covid stimulus" listed at Redirects for discussion[edit]

A discussion is taking place to address the redirect Covid stimulus. The discussion will occur at Wikipedia:Redirects for discussion/Log/2021 August 23#Covid stimulus until a consensus is reached, and readers of this page are welcome to contribute to the discussion. SunDawntalk 03:53, 23 August 2021 (UTC)[reply]

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