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Fourth stimulus check could see Americans pocket monthly payments worth up to $2k as calls for cash grow

The US Sun
The US Sun
 2021-07-30
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AMERICANS have been given fresh hope that they could pocket monthly payments worth up to $2000 as Congress legislators reportedly start to draw up plans to help cash strapped families.

Amid a rumored $3.5trllion aid package set up Bernie Saunders, officials are already debating the structure payments of a fourth round of stimulus checks as pressure mounts on Joe Biden for a final decision.

Congress legislators have reportedly began drawing up payment plans for a new round of stimulus checks Credit: Getty
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However, the final decision still rests on President Joe Biden Credit: AP

According to financial expert Tom’s guide, any future payment would likely be given out in two formats, either in small chunks or in a big one-time payment of up to $2000.

If it went through it would settle disputes among Democratic lawmakers who have been pushing the White House for months to introduce a fourth and fifth round of stimulus checks as families battle the financial turmoil of the pandemic.

In a letter sent to Biden last week, seven Democrats from the House Ways and Means Committee expressed their support for another round of stimulus checks.

The lawmakers wrote: "The pandemic has served as a stark reminder that families and workers need certainty in a crisis.

"They deserve to know they can put food on the table and keep a roof over their heads. They should not be at the mercy of constantly shifting legislative timelines and ad hoc solutions."

But, sources close to the White house have suggested a decision on the matter is far from close as they wait on president Joe Biden to lead any push for a final decision regarding the future of the popular policy.

The last indication came on June 3 as Press Secretary Jen Psaki said Biden that would be "open to a range of ideas" when it comes to his American Jobs and Families Plan.

"But he’s also proposed what he thinks is going to be the most effective for the short term," she added.

Reports indicate there's no plan for a fourth round of payments because it's too soon after the third round of checks, despite false claims that emerged earlier this week suggesting otherwise.

The posts, which had been shared and seen by thousands, falsely claimed that a fourth round of stimulus money, this time for $2,500, had been approved by Congress and people would start receiving them on July 30.

The posts included a link that led through to an image of an ape holding up its middle finger, as many were left frustrated by the ongoing speculation about the release of the package.

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Lawmakers have continued to push for a fourth and fifth round of stimulus payments Credit: Getty

It has already been four months since Congress signed the America Rescue Plan into law, providing millions of eligible Americans with checks of up to $1,400.

And Americans across the country have called on the White House to introduce further checks worth up to $2,000 as muted by lawmakers.

So far, more than three million people have signed a petition demanding monthly $2,000 payments.

The petition was started by Colorado restaurant owner Stephanie Bonin and first posted on Change.org last year.

It reads: "I'm calling on Congress to support families with a $2,000 payment for adults and a $1,000 payment for kids immediately, and continuing regular checks for the duration of the crisis.

"Otherwise, laid-off workers, furloughed workers, the self-employed, and workers dealing with reduced hours will struggle to pay their rent or put food on the table."

She urges lawmakers to target checks at Americans who are struggling to pay debts such as rent and childcare.

Bonin wrote: "Moving forward Congress needs to make recurring checks automatic if certain triggers are met.

"No more waiting around for our government to send the help we need."

The petition gathered so much support that Change.org recognized it in its list of top 10 petitions that changed 2020.

American families with kids under the age of six will be receiving up to $300 per month as part of the child tax credit extension.

The first check hit bank accounts by July 15 and subsequent payments will be made on the 15th day of each month.

If the 15th falls on a weekend, then payments will be slightly delayed.

Americans will receive six checks this year and are required to claim the other half of their credit when tax returns are filed, The Times Weekly reports.

Comments / 532

Belinda Mitchell
07-30

I lost my job last year when COVID-19 shut us down. I understand that checks have been sent out to families, and that is great. However, I do not have children living in my home, but I am a caregiver for my mother, who has dementia. it has been very hard on me since losing my job. I am now being forced to move, which is a hardship, financially and emotionally because my mom will have to adjust to all new surroundings. I need the $2000 a month in order to keep my vehicle, roof over my head, food on the table, and utilities on. I have filled out so many applications in many different fields of employment. So far, no job or promise of a job. Now with COVID climbing the charts again, I do not see light at the end of the tunnel.

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truthisalligive
07-30

what about us that are seniors and have no children at home but have faithfully paid our taxes for 40 years. you take our money and give it to those who do not work, have hardly paid any taxes at all, or live off if the welfare system having baby after baby claiming they don't know who the father is but yet he lives in their government housing with them. I am outraged that the government usese our SS# as a checking account to draw interest and give it to everyone but to whom it belongs. No wonder people are getting fed up with the current administration.

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Sandy Thomas
07-30

Like Rhonda cooper says, what happens to the people that are self employed and don’t have any kids to qualify for the child tax credit? Are they gonna be left hanging? And the people that’s been unemployed for the last year and a half, that live in the poorest part of the country like in southeastern ky? That’s one of the most poverty stricken places in the country and not just in ky, tn, wv, and Virginia too. And the eviction notices that expire the end of this month, there’s gonna be a lot of homeless families in these areas if they don’t pass these stimulus checks, and the people that did get them in these areas had to spend that money on paying rent and utilities, and putting food on the table! President Biden, get your head out of your butt and pass the new stimulus checks for us that are backed into a corner and can’t get out!!!

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