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Stimulus Checks

The Push That May Bring on The 4th Stimulus Check For Americans

Is the fourth stimulus going to make a difference? Many lawmakers are now pushing for the fourth stimulus to help those affected by the pandemic. The stimulus checks from the third wave amounted to $169 million in payments for the citizens. The aid of $1400 has reached several American households.

How payout has been so far

There is a significant response from the Government agencies to get the country back on track after the economic crises erupted because of the pandemic waves. It has increased the number of people depending on these checks. The initial payout was $3200 to eligible adults and added payout of $1200 under the coronavirus Aid Relief and economic Security Act of 2020. The current President signed an additional 4600 with $1400 in the December relief measure under the American Rescue Plan.

According to CBS News, despite the financial assistance coming their way, the looming crisis of the pandemic is far from over. The increase in the number of dependents and the number of jobless people is still a concern who will definitely want the fourth stimulus to help them financially. The country’s economics may have been disturbed, but the US citizens will reel under the financial pressure for a long time. 

The problem continues to haunt

With several people out of jobs and the low turnout or cancellation of events, people have minimal means to earn their livelihood. Data show that pre-pandemic days and fewer people on payrolls, signaling an alarm. However, some fiscal support was provided to 30 million American families until the last month. The stimulus aid all used up, many Americans are still struggling with joblessness and weak labor market issues.

With increased household expenses, people are struggling to meet ends. According to the data released by the Census Survey, people are desperate to get those stimulus checks as life has become hard to live long after the pandemic tore apart, lives and livelihood of millions of people across the globe.

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