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Tuesday, May 30, 2023

Stimulus Check Claims Of $7000 Not True?

Stimulus Check is the most welcomed word in America. As of now, demands for the checks have surged drastically. Petitions have been made favoring the provision of the fourth round of payments. Amidst all the demands, fake news a doing the rounds. Recently, news of a bonus check of $7000 gained significant ground. People everywhere began talking about the possibility of the check. Much to the disappointment of the citizens, the speculations have been turned down. Sources have stated the claims to be false. No news of any more payments has been announced by the federal government. 

Stimulus Check Payments Not Granted

The administration of Joe Biden had earlier stated that they were open to suggestions. He stated that the government looked into the welfare of the people. Any suggestions that would help the people will be considered. However, despite a huge demand for the Stimulus Check, the federal government did not respond. Responsibility was vested upon Congress to evaluate the scenario. They stated that the economy has somewhat bounced back. The rate of unemployment was significantly low. This, they did not seem plausible to deliver any further payments. 

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Recent news claiming a check of $7000 would roll out was highly discussed. This happened due to an article published in the U.S Sun. It is not clarified why the article was published. Or from where the number of 7k came up. 

Americans however will continue to receive the payments from Child Tax Credit. The August installment has already been cleared by the IRS. Individuals receiving a paper check are expected to have a delay. The tax expansion provides $3600 for kids under the age of 6years. Children within the 6-17 years bracket are entitled to receive a total of $3000. The next Child Tax payments are due on 15th September.

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