Americans might get a FOURTH stimulus check in 2021 as Congress considers more direct Covid relief payments

HARD-hit Americans could be in line to get a fourth stimulus check this year as Congress contemplates handing out further direct Covid relief payments.

Authorities are considering dishing out more cash to families struggling once the third round of checks runs out.

That's because Joe Biden's American Rescue Plan doesn't just give the green light to one direct payment – leaving the door open to potential further checks being sent out.

This could include targeted payments to specific groups, such as those out of work or parents earning below a certain income.

Congress could also push for a minimum wage hike and a permanent rise in child tax credit.

Pressure is being put on the President to introduce recurring direct payments to struggling families as the Covid pandemic continues to take its toll.

The push for a fourth stimulus check – and perhaps more – comes after it was revealed a third of Americans said they still can't make ends meet, despite three payments being sent out in the last year.

Some 30 per cent of Americans came up short when trying to cover household expenses after being sent their third stimulus check, according to US Census Bureau data.

Biden is being urged to include more Covid relief in the $2.3 trillion infrastructure plan he is now formulating.

About 20 Democratic U.S. senators, including Finance Committee Chairman Ron Wyden of Oregon and Elizabeth Warren of Massachusetts, have sent Biden a letter calling on him to put new relief payments in his Build Back Better infrastructure package.

The senators wrote: "Families shouldn’t have to worry about whether they’ll have enough money to pay for essentials in the months ahead as the country continues to fight a global pandemic.”

In the letter, the senators say almost six in ten people thought the payments would last them less than three months.

And just one more direct payment would lift 6.6 million Americans out of poverty, according to a study by the Urban-Brookings Tax Policy Center.

The ESP, which supports guaranteed income, said in its report: "This critical relief has played a leading role in helping Americans keep their heads above water during this recession."

The ESP is also calling for further direct payments to be made to aid those struggling financially due to the ongoing impacts of Covid.

"We need at least one more check." Adam Ruben, campaign director at the ESP, told CNBC.

    Source: Read Full Article

    You May Also Like