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Saturday, May 28, 2022

Stimulus Check: Monthly Stimulus Checks Seems Most Desired

Stimulus Checks are the financial assistance that was designed by the federal. government. The policy came into existence in the month of March. US President Joe Biden approved the bill to provide stability. Many people lost their jobs and it had a big impact on their financial balances. To help lessen the burden, these checks were announced. However, the government does not seem to be keen on further help. This led to a mass disconnect. Petitions were signed and letters were provided to the President. Most of the people requested in favor of receiving more Stimulus Checks. Recently, a petition has come into the limelight. It asks for a provision of $1200 per month to all the citizens. 

Stimulus Check On A Monthly Basis Highly Demanded

Most of the people in the United States are still recovering from the ill effects of a pandemic. The dreaded pandemic seems to have disrupted the country both physically and economically. In such situations, people are looking forward to the government. They want a secured source of money every month to keep them going. The Stimulus Checks have benefited many but many more are still suffering. Families are having a tough time meeting the necessities. 

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A recent petition has gained significant momentum. The petition is proposed by Rep. Ilhan Omar. The bill provides for a monthly sum of $1200. People earning within $75000 will be entitled to this money. The amount is expected to shrink once the pay scale goes up. Every rise in $100 will result in a $5 deduction of the Stimulus money. Households might also get lucky to receive $600 for their dependants. 

The best part of this bill is that the money will not be considered as a loan. Hence, people will be free from any obligations of repayment whatsoever. This Stimulus Check is expected to benefit the citizens to a great extent. Citizens need to be a resident of the country for eighteen months or more. 

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