WashU Expert: What tax refunds tell us about use of CARES payments

A $2 trillion, bipartisan relief package — the largest in U.S. history — was signed into law March 27 to address the economic downfall fueled by the COVID-19 pandemic. Will it help?Research examining how households use similar payouts, like the tax refund, can help shed light on what households might do next, says an expert on asset building at the Brown School at Washington University in St.

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