A 4th Stimulus Check Could Look Like This
May 2, 2021 1:08:41 GMT -5
Post by bloodbought on May 2, 2021 1:08:41 GMT -5
Looks to me like they're trying to initiate a Universal Basic Income.
A 4th Stimulus Check Could Look Like This
Zack Friedman
Personal Finance
Will there be a fourth stimulus check?
Here’s what you need to know.
Stimulus Checks
While most third stimulus checks already have been sent, there is already talk of a fourth stimulus check. The latest stimulus package, the American Rescue Plan, includes up to a $1,400 stimulus check for eligible individuals, $2,800 for married or joint filers, and $1,400 for dependents. If you didn’t get a third stimulus check, here’s why. If there is a fourth stimulus check, however, it could look different than the previous three stimulus checks. There are many ways for Congress to give people more money from Washington. Here are some options:
1. Send $2,000 stimulus check every month
More than 75 members of Congress want to give you $2,000 stimulus checks every month until the Covid-19 pandemic is over. Under this proposal, you could get a recurring stimulus check every month until the economy recovers. The rationale is that a one-time stimulus check is insufficient for most Americans who are struggling financially as a result of the Covid-19 pandemic. In January, Rep. Ilhan Omar (D-MN) and 55 Democrats sent a letter to President Joe Biden urging him to support further stimulus checks. However, Biden doesn’t support recurring stimulus checks nor are there enough votes in Congress to pass $2,000 a month stimulus checks. There are many reasons why a 4th stimulus check is unlikely. For example, Biden is focused on passing his new infrastructure package, and that stimulus package doesn’t include any one-time or recurring stimulus checks. However, Congress could add a stimulus check before passing the legislation, although the likelihood is low.
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A 4th Stimulus Check Could Look Like This
Zack Friedman
Personal Finance
Will there be a fourth stimulus check?
Here’s what you need to know.
Stimulus Checks
While most third stimulus checks already have been sent, there is already talk of a fourth stimulus check. The latest stimulus package, the American Rescue Plan, includes up to a $1,400 stimulus check for eligible individuals, $2,800 for married or joint filers, and $1,400 for dependents. If you didn’t get a third stimulus check, here’s why. If there is a fourth stimulus check, however, it could look different than the previous three stimulus checks. There are many ways for Congress to give people more money from Washington. Here are some options:
1. Send $2,000 stimulus check every month
More than 75 members of Congress want to give you $2,000 stimulus checks every month until the Covid-19 pandemic is over. Under this proposal, you could get a recurring stimulus check every month until the economy recovers. The rationale is that a one-time stimulus check is insufficient for most Americans who are struggling financially as a result of the Covid-19 pandemic. In January, Rep. Ilhan Omar (D-MN) and 55 Democrats sent a letter to President Joe Biden urging him to support further stimulus checks. However, Biden doesn’t support recurring stimulus checks nor are there enough votes in Congress to pass $2,000 a month stimulus checks. There are many reasons why a 4th stimulus check is unlikely. For example, Biden is focused on passing his new infrastructure package, and that stimulus package doesn’t include any one-time or recurring stimulus checks. However, Congress could add a stimulus check before passing the legislation, although the likelihood is low.
Continued at link