Stimulus Check is being highly demanded by the citizens of America. They have played an important role in providing financial stability. The Checks were announced by President Joe Biden. The monetary assistance catered to the needs of the mass. It provided them much-needed relief. The citizens are now pushing for further checks. With the Delta strain threat around the corner, Stimulus Check 4 is highly speculated.
Stimulus Check 4 A Possibility?
America has witnessed an alarming surge of COVID cases. The rate of infections has risen drastically over the past few weeks. The Delta variant of the covid-19 virus seems to be the culprit. Major guidelines have already been issued. People are being advised to wear masks indoors. Keeping in mind such a scenario, speculation of a shutdown is brewing.
A shutdown would mean economic tragedy. Thousands of people will lose their jobs. Many others would face acute underpayment problems. This has made the citizens push for a fourth Stimulus Check.
Many people are still suffering from adversities. While the third check of $1400 has reached many people. Many families are still having difficulties managing their households. This has made the demands for another round of payments louder. I secured financial status, lack of quality food have plagued many families. Almost 11.4m citizens have failed to clear their stipulated rent. The moratorium allowed would mean that the rent had to be paid anyway. The rate of debt has also been on a high. The survey suggests that most of the people have used up the stimulus payments in paying debts.
Stimulus Check seems to be the need of the hour. However, the federal government does seem interested in any further monetary assistance. Lawmakers have pushed the idea of recurring checks. As of now, there are no hints of further aids. People must look up to the Child Tax Credit, Unemployment Compensation & Rental Assistance as of now.