News Round Up: May 18, 2020

Top Story:  The U.S. House of Representatives passed the “HEROES Act,” another federal COVID-19 relief package, which includes temporary expansions to the Earned Income Tax Credit, Child Tax Credit, and Child and Dependent Care Tax Credit (CDCTC). The legislation now heads to the Senate for consideration. (Tax Foundation, Forbes)

  • Nearly four in ten Americans out of work ran out of food last month, according to the latest results from the COVID Impact Survey, which offers insight into the pandemic’s impact on food security, employment, and more. (AP News)
  • A new report from the U.S. Federal Reserve found that one in five workers lost their jobs in March due to the COVID-19 pandemic, and almost 40% were from low-income households. (Politico)