Several campaigners, in particular, are pressing policymakers to enact additional stimulus checks for individuals who have been severely impacted by the pandemic’s soaring prices.
The stimuli’s preliminary evaluation
The Internal Revenue Service distributed 169 million stimulus payments in the third wave, averaging $1,400 per beneficiary. Some activists and politicians, on the other hand, are pushing for the fourth round of stimulus cash to be supplied until the epidemic is gone.
Under the Coronavirus Aid, Relief, and Economic Security Act (CARES), which went into effect in March 2020, the federal government has paid out $3,200 to eligible adults: $1,200 from CARES, $600 from a December relief measure, and $1,400 from the American Rescue Plan, signed by President Joe Biden in March.
Despite the support offered by the Omicron variant’s growth, many Americans continue to struggle. According to recent Census data, more than a quarter of Americans struggled to pay their expenses in the first two weeks of December.
According to the newspaper, the Senior Citizens League’s petition for a one-time $1400 cheque has received more than 95,000 signatures.
A fourth stimulus payment should be requested.
Although the COVID-19 virus is still wreaking havoc on the nation, many Americans are pushing for a fourth stimulus check due to its severity. However, it looks that the federal government will not provide any financial assistance.
Several senators demanded a monthly stimulus check for people who were rescued by the stimulus payments, but Marca reports that the federal government is now responsible for giving considerable financial help via state governments rather than the federal government.