In an address to Congress last week, U.S. President Joe Biden said more than 85% of Americans have already received their $1,400 stimulus check. It can be recalled that the first stimulus check provided a $1,200 relief payment while the second one brought $600.
Biden, however, did not mention anything about a fourth stimulus check, and there are no legislations about it either.
For the next round of relief legislation, a group of lawyers has sent a letter urging the inclusion of stimulus checks, particularly for recurring payments which would mean that those eligible would get more than just a fourth stimulus compensation.
Earlier, there was a relief payment proposal suggesting $2,000 monthly payments until the COVID-19 pandemic crisis is over. During the second relief aid negotiations last summer, now-Vice President Kamala Harris threw her support behind the $2,000 recurring payment proposal.
However, with the White House still trying to rally enough lawmakers to sign the $2.25 trillion infrastructure plan, recurring stimulus payments won’t be easy to pass.
Last January, more than 50 House Democrats sent out a letter to the Biden administration calling for the addition of recurring direct payments to the $1.9 trillion American Rescue Plan. Just this April, another group of Democratic senators appealed to Biden for additional stimulus aid.
Although talks about monthly payments have resumed, the White House has not responded to the growing support behind additional compensation. A number of economists have also suggested that the pandemic’s worst financial woes have passed, resulting in a general sentiment that a fourth stimulus check isn’t likely to materialize.
Image courtesy of USA TODAY/YouTube
We have all met the parent who thinks their kid is the next Picasso or…
A Coalition party room meeting this week debated the A$1.7 billion childcare package announced in…
No one did a cost-benefit analysis before accepting Tasmania into the Commonwealth. Should the Australian…