organicoreo.blogg.se

“The bottom line is that we could further reduce poverty and could provide additional assistance with another round of these broad payments that smaller or more target measures just can’t do. “There is a question in front of Congress about whether we should do anything else with additional stimulus payments,” Maag says. Many Americans wonder if there will be a fourth stimulus check. Housing instability and food insecurity remain financial issues for many Americans, economists say.Īnother round of payments could lift an additional 6.6 to 7.3 million people out of poverty, depending on whether the payment is restricted to citizens or made available to everyone, according to the Urban-Brookings Tax Policy Center. So far, there have been three stimulus checks. 10:06 ET, MANY Americans have been wondering if there will be another stimulus payment on its way this fall. The third round of Economic Impact Payments from Biden’s American Rescue Plan could reduce the number of people in poverty by 11.4 million, the Urban-Brookings Tax Policy Center says in its analysis. Will There Be A New Stimulus Check For Fall 2022 Two Scenarios Why You May Get It. COVID-related relief could lift 7 million people out of poverty Some have also argued against the weekly unemployment boosts in the American Rescue Plan, saying that the amount was too large and discouraged Americans from returning to work. Republican lawmakers have moved away from more COVID-related spending due to the fast-growing budget deficit. “Are we recovered? Are people still hurting? There’s some evidence that we’re not out of the woods yet.” Republicans have shown budget-related concerns But even that request didnt ask for additional direct payments to Americans. There are no concrete plans for another stimulus check to go out to Americans during the coronavirus pandemic, but some lawmakers are pushing for it. “We need to look at the economy as a whole regarding whether there needs to be another round of direct payments,” says Elaine Maag, a principal research associate in the Urban-Brookings Tax Policy Center at the Urban Institute. The Biden Administration Hasnt Promoted Any Additional Stimulus Check Legislation In March 2022, the Biden administration requested 22.5 billion from Congress to help support the nations pandemic response.

Experts don't expect another stimulus check, thoughĪs the economy continues to recover from last year's recession caused by the COVID-19 pandemic and as the job market improves, labor market and tax experts aren't expecting another round of stimulus checks in the next COVID-19 relief package. The first check was worth 1,200, followed by 600 and 1,400, respectively.

During the height of the pandemic, Americans received three stimulus checks. "We urge you to include recurring direct payments and automatic unemployment insurance extensions tied to economic conditions in your ‘Build Back Better’ long-term economic plan," 21 senators wrote in a letter to Biden in late March. There are no new talks for a fourth federal stimulus check.