Describes the extent of the economic impacts of the pandemic on American households as measured in a December 2020 survey conducted by the Heldrich Center. The economic impacts of the pandemic on Americans, accentuated by the health crisis, is reflected in the proportion of individuals reporting pay cuts and layoffs. These financial hardships have not only induced feelings of anxiety and stress but have also influenced the opinions and expectations of Americans on the Biden administration’s ability to manage the pandemic.