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As the IRS distributes the $1,400 stimulus payments, some lawmakers say the money won't last three months.

So far, people who have received the three rounds of stimulus payments said they're using most of the funds to pay down debt or sock away the money in savings, according to a new analysis from the Federal Reserve Bank of New York. That could indicate that people are using the money to whittle down debt they incurred during the pandemic as well as to build up an emergency fund in case of another shock.  Still, many people said they planned to spend their stimulus funds on the basics — food and housing costs were cited as the top two uses of the third stimulus check following savings, accord...

What's behind the push for a fourth stimulus check By Aimee Picchi Federal aid programs plagued by delays The IRS has issued some 161 million payments in the third round of direct stimulus aid, with 2 million people this week in line to receive the $1,400 checks. But some lawmakers are pushing for a fourth round of stimulus aid that would effectively send recurring payments until the pandemic ends. So far, the federal response to the economic crisis caused by the coronavirus pandemic has delivered $3,200 to each eligible adult: $1,200 via the Coronavirus Aid Relief and Eco...

Last modified on Fri 16 Apr 2021 05.01 EDT An increasing large number of lobbyists and outside groups in America all have a similar target: Senator Joe Manchin of West Virginia. And it’s understandable why. In a Senate where Democrats hold the slimmest of majorities a vote by Manchin, the most conservative Senate Democrat, can decide whether legislation is signed into law or left to meander in political purgatory in Congress. Manchin has also demonstrated a willingness to buck the majority of the party on priority proposals and key votes. He was one of the first senators to oppose Neera Tan...

What's behind the push for a fourth stimulus check By Aimee Picchi Americans standing by for stimulus checks The IRS has issued 156 million payments in the third round of direct stimulus aid, with 25 million people this week in line to receive the $1,400 checks. But some lawmakers are pushing for a fourth round of stimulus aid that would effectively send recurring payments until the pandemic ends. So far, the federal response to the economic crisis caused by the coronavirus pandemic has delivered $3,200 to each eligible adult: $1,200 via the Coronavirus Aid Relief an...