More Members of Congress Get On Board the Fourth Stimulus Check Train
Experts: Another round of payments could lift an additional 6.6 to 7.3 million people out of poverty, depending on whether the payment was restricted to citizens or made available to everyone.
There’s no question that many Americans’ anxiety levels have shot up due to the fact that the Internal Revenue Service is nearly done disbursing the third round of $1,400 coronavirusstimulus checks under the American Rescue Plan.
Americans who are still struggling amid the pandemic are already worrying about how to pay for basic necessities like groceries, utilities, and rent.
Fourth or Fifth Stimulus Check Clue? Millions of Americans Are Still Suffering.
There is no doubt that Biden understands why there is that reluctance to send out more stimulus funds, but he also appears to be fully aware of the financial pain that many Americans are still enduring. And recent studies and polls are making this even harder to ignore.
Over the past couple of months, more than one hundred sixty million coronavirusstimulus checks valued at $384 billion have been disbursed to cash-strapped U.S. taxpayers under the American Rescue Plan.
And most of the data point to the fact that the U.S. economy is now on the fast lane to a full recovery, even though the pandemic hasn’t been fully contained yet.
$1,400 Stimulus Checks: Will Joe Biden Push For Another Round?
A fourth-round of stimulus checks has the potential to lift more than seven million Americans out of poverty. Will Biden try and make it happen?
President Joe Biden is aiming to spend an estimated $4 trillion across two different infrastructure bundles that are being referred to as the Build Back Better package.
However, even as the Internal Revenue Service and U.S. Treasury are busy sending out nearly a hundred sixty million coronavirusstimulus checks under the American Rescue Plan, some lawmakers in Washington are pressuring the president to include another round of direct stimulus payments in the package.
Push for FOURTH $1,400 stimulus check and more recurring payments supported by 70 lawmakers
Updated: Apr 10 2021, 20:54 ET
THE push for a fourth stimulus check and additional recurring payments is being backed by up to 74 lawmakers.
Around two weeks after President Joe Biden signed the $1.9 trillion stimulus package into law, more than 20 Senate Dems joined the call for recurring payments in the next stimulus round.
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Not many lawmakers in the middle seem to support the concept of recurring payments.Credit: Getty
And now more congressional members have joined the progressive push for a continued cash injection into people’s bank accounts.
The effort to push for more checks throughout COVID-19 began in January when U.S. Representative Ilhan Omar and 52 other House Democrats asked Biden and Vice President Kamala Harris to push for recurring checks.