You’re Not Getting a Fourth Stimulus Check (Biden Might Have Something Better)
In mid-May, a group of seven Democratic lawmakers, all members of the House Ways and Means Committee, sent a letter to President Joe Biden advocating for a fourth stimulus payment.
In mid-May, a group of seven Democratic lawmakers, all members of the House Ways and Means Committee, sent a letter to President Joe Biden advocating for a fourth stimulus payment.
Though Biden has not announced any plans for a fourth check, and pointedly ignored the issue during his hundredth-day address to Congress, the letter’s authors were undeterred. They pointed out that, according to some estimates, as many as six in ten Americans are still worse off than they were during the pandemic. The group cited the benefit that the three previous checks had made – it is estimated that they kept sixteen million Americans out of dire poverty – before arguing that a fourth $2000 check would assist an additional twelve milli
Of the nearly two million new checks worth more than $3.5 billion, about nine hundred thousand of them were issued via direct deposit, while the rest were delivered via paper checks or prepaid debit cards.
Check Your Bank Account Now: New $1,400 Stimulus Checks Just Hit
With this newest batch, the total figure sent out to date is now approximately one hundred sixty-five million with a value of $388 billion. They now represent more than 86 percent of the $450 billion total earmarked for the current third round of stimulus funds.
The Internal Revenue Service and the Treasury Department have announced that nearly one million more $1,400 coronavirusstimulus checks have been issued as part of the ninth batch of payments under President Joe Biden’s $1.9 trillion American Rescue Plan.
With this newest batch, the total figure sent out to date is now approximately one hundred sixty-five million with a value of $388 billion. They now represent more than 86 percent of the $450 billion total earmarked for the current third round of stimulus funds.