Search

Fourth stimulus check: Will there be another payment? Here’s the latest - SILive.com

guduka.blogspot.com

STATEN ISLAND, N.Y. — Throughout the worst global pandemic in 100 years, most Americans have received three stimulus payments totaling $3,200.

Payments of $1,200 and $600 passed Congress and were signed during President Donald Trump’s administration.

A payment of $1,400 came under President Joe Biden’s administration despite Democrats’ promise of $2,000 in the lead-up to the runoff elections for Georgia’s two Senate seats. They later repackaged messaging about the $1,400 payment as an addition to the $600 payment from the Trump administration.

As more people get vaccinated and coronavirus (COVID-19) numbers continue to decline, more parts of the economy can open up, but many Americans are still in need of help from the government.

In March, a group of 11 Democratic senators, including Sen. Kirsten Gillibrand (D-N.Y.), sent a letter to Biden, urging him to support recurring payments in his “Build Back Better” long-term economic plan.

“This crisis is far from over, and families deserve certainty that they can put food on the table and keep a roof over their heads,” they wrote. “Families should not be at the mercy of constantly-shifting legislative timelines and ad hoc solutions.”

However, the Biden administration has not included recurring payments in either of its announced spending package proposals since they sent their letter.

Biden included a five-year extension of an expanded Child Tax Credit for families and a permanent extension of the expanded Earned Income Tax Credit for low-income workers without children in his $1.8 trillion proposal announced during his speech to a joint session of Congress on Wednesday.

So far, a total of 159 million disbursements with a total value of $376 billion has been dolled out as part of the $1.9 trillion American Reduce Plan, according to the IRS.

However, for many Americans still suffering amid the coronavirus (COVID-19) pandemic, the third stimulus isn’t enough.

According to U.S. Census Bureau data collected in March, nearly 30% of Americans came up short when trying to cover household expenses.

Let's block ads! (Why?)



"payment" - Google News
May 02, 2021 at 04:26AM
https://ift.tt/3aRUpXF

Fourth stimulus check: Will there be another payment? Here’s the latest - SILive.com
"payment" - Google News
https://ift.tt/3bV4HFe
https://ift.tt/2VYfp89

Bagikan Berita Ini

0 Response to "Fourth stimulus check: Will there be another payment? Here’s the latest - SILive.com"

Post a Comment

Powered by Blogger.