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Tuesday, May 24, 2022

Stimulus Checks That Might Be Provided

The public support for the fourth round of the stimulus checks payments in the United States of America is on. Due to the increase in the Delta variant of the coronavirus infection, the financial conditions of the people are only getting worse. And this is the main reason why the demands for federal aid payments are still on. However, the US Senate, as well as the White House, are already occupied by something else. And that is the infrastructure bill of 1 trillion USD as well as the budget package of 3.5 trillion USD. 

Stimulus Checks’ Possibilities

As far as the availability of another round of stimulus checks is concerned, it is very unlikely for the federal government to provide the money to the people. The government has already sent and is still sending some form of money to the eligible people as financial aid payments. Up until now, the eligible citizens have received a total of 3,200 USD from the government as stimulus check payments. And the children have been provided with a total of 2500 USD. However, this is still not enough for the people to sail through the financial crisis that they are currently facing.

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Going into the matter of any possible stimulus checks that can be provided in the future, it depends on the scenarios. The child tax credits have been expanded by President Joe Biden. He told the US Congress to provide the money until the year 2025. However, there are certain subjects that still need to be sorted. That includes the medical leaves as well as the healthcare facilities’ costs. And there are a few senators who are making efforts to boost the minimum federal wage for the people. As of now, it is 7.25 USD an hour. The discussions are still on the subject.     

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