The recently passed CARES Act will provide financial relief to American families and businesses during the COVID-19 crisis, but many more laws and regulations must be changed immediately to further support families and the nation’s economy.
Indeed, the 320+ financial planners of Edelman Financial Engines, who collectively serve more than 90,000 clients nationwide, have crafted 36 policy recommendations that Congress and government agencies must implement now to provide relief to families nationwide.
Although some may question the long-term implications on the federal debt, such concerns must be deferred until the crisis is over. As firm founder Ric Edelman says, “When your house is on fire, you can’t focus on the water damage that firefighters might create by extinguishing the flames. Save the house and everyone in it – and deal with the water later.”
All of us at Edelman Financial Engines strongly encourage Congress, the President and the Administration to implement the following recommendations immediately.
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Crafted by the financial planners of Edelman Financial Engines, these policy actions are needed to support the millions of Americans struggling financially in the COVID-19 Crisis
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