Stimulus Check needs are getting more and more inevitable. As the economy starts to recover, people are facing more difficulties. The financial crisis is expected to hit an all-time high.
With the rapid recovery of the economy comes the threat of inflation. The prices are expected to rise by a fair margin. This will only add to the already existing financial agony to the people.
Thousands of families are facing difficulties in meeting their household expenses. The federal government does not seem interested in providing more money. However, the states seem to have come to the rescue of the people.
Most of the states have announced financial assistance for the residents. The checks catered to a lot of Americans. It also helped to reduce the financial burdens on the common masses.
However, after the rolling out of the third check, there seems to be no possibility of more payments. The federal government has stated that new stimulus checks are not possible at the moment.
They stated a lot of factors to support their stand. Let us learn more about the story in detail below.
Stimulus Check: No Fourth Check In 2022
Stimulus Check Four is a dream that the Americans dreamt of for a long time. However, as time passed, it became more and more evident that there will not be a fourth check. This has a lot of reasons.
The main reason is that society is stabilizing. After the pandemic left the whole world in disarray, recent months have proven to be a sigh of relief. The cases have gradually decreased and shutdown norms are being released.
Thus, people can now get back to their work as usual.
Another reason for deciding against stimulus checks is inflation. The government felt that sanctioning further checks will only make the rising inflation worse.
The trillion-dollar program of Build Back Better also suffered a huge setback in the Senate. Thus, the possibilities of another check are as good as gone.