Stimulus Check was designed to provide financial assistance to the needy. The government of Joe Biden declared the program in the month of March. The program stressed struggling households. Families that struggled with the adversities of the pandemic were given importance.
A large number of households are still recovering from the ill effects of the pandemic. Thousands of people have lost their jobs. These people have been rooting for the fourth round of stimulus checks to the federal government. The current situation in the United States is not at all bright. The Delta Strain is threatening to have a great impact on the economy. Possibilities of another shutdown cannot be ruled out.
Households paid off their increasing debt with the stimulus checks. However, the federal assistance lasted for three checks only. Repeated requests to the government could not get them any further funding. The federal government did not seem interested in the idea of more stimulus checks. However, the government has structured a mega infrastructure bill. The bill has been termed “Build Back America” and is waiting to be passed.
Amidst all these crises, the festive season is around the corner. Citizens need money even more. Everyone is desperate to lay their hands on some funds. All these scenarios could hurt Thanksgiving. Let us learn more about the situation in detail below.
Stimulus Check Denial Could Result In An Expensive Thanksgiving
As per the latest reports, inflation is sky-high at the moment. The inflation hit a roof of 6.2percent. This is expected to be a deciding factor in this year’s Thanksgiving. It is speculated to be the most expensive in recent years.
Stephanie Bonin has proposed a stimulus check. The check demands monthly payments of $2000. Most of the residents have favored the petition. One such resident stated the importance of extra stimulus checks in the holidays.