Many more voices have joined in favor of a 4th and possible 5th stimulus check among the Congress members. A letter has been sent to US President Biden by Congress members supporting the additional rounds of stimulus checks.
Now around seven members working inside the Committee of Means and Influential Ways have managed to join their voices alongside their fellow Congress members in support of another round of stimulus checks. It is being claimed that the stimulus checks provided as part of the Rescue Plan Of America will manage to keep around eleven million Americans from slipping into poverty in 2021.
A 4th And 5th Stimulus Check Can Improve Lives Of Struggling Americans!
The legislators are constantly claiming that a 4th and 5th stimulus payment has the capability of keeping out an additional twelve million Americans from slipping into poverty. They have also added that when combined, the effects of the new bill proposed by Biden and the new rounds of stimulus money can manage to reduce the poverty number within Americans from forty million to sixteen million this year.
The request submitted by the lawmakers for the 4th and 5th stimulus payment is being defended by the lawmakers constantly. They are defending these 4th and 5th stimulus payments by claiming that these payments will not only keep American workers and families from slipping into poverty but also increase supporting jobs and spending. According to them, these stimulus checks act as a crucial economic stimulus.
The Boston Herald released a new report yesterday night where they weakened this argument. They obtained data from the records of the IRS. They have revealed that a staggering total of 1.24M stimulus checks are still unspent. These stimulus payments were provided in the first pandemic-era bailout.