The CARES Act The CARES act or Coronavirus Aid, Relief, and Economic Security act is a federal law that in part directs the use of the 2 trillion dollars of funding for COVID-19 relief aid. For the purposes of this article, we are going to focus primarily on the stimulus checks or economic impact payment. These stimulus checks continue to be the sources of confusion amongst conversations, so I think before we talk about how to use it, we need to clarify some of the many questions surrounding it. What is it? The stimulus check is money that is considered a 2020 tax credit that citizens are being given if…