Where is The Fourth Stimulus Check Americans Need?
Many Americans are still in financial ruin while the rich continue to count their cash on capitol hill…
CelebnPolitics247.com asks why hasn’t there been a fourth stimulus check like promised?
A few months back there was the buzz of a fourth stimulus check that citizens of the U.S. would receive a $2000.00 check. It was set to happen before Christmas so it would help stimulate the economy, but now we are hearing there is nothing happening.
Governor Gavin Newsom’s $600 stimulus for Californians is a bunch of BS because we don’t know anyone who has received a “Golden State Stimulus” check. That effort will provide $600 for low- and middle-income residents who have filed their 2020 tax returns. So far that has not been the case with many. May low-income citizens don’t have to file because they get SSI or SSD which the IRS says is not taxable, so there is no need to file. But it seems everyone in that situation — (the ones who need it the most) — is not getting the “Golden State Stimulus” check. Where is our California Stimulus Gavin???
It makes no sense that the IRS could send out three sets of stimulus checks in a timely fashion and California can’t get their shhh together enough to take care of one state?
At this point, we are furious with the “so-called” California Stimulus.
As for the 4th stimulus check from the government, it appears that continues to get pushed back.
CBS News reports:
Despite that financial assistance, millions of Americans remain in financial distress, and the spread of the Delta variant is creating new economic headwinds. Almost one-quarter of Americans struggled to pay their household expenses in the previous week, according to new Census survey data that polled people during the last two weeks of August.
The unemployment rate stands at 5.2%, still higher than its pre-pandemic level of 3.5%. And while businesses are hiring, there are still about 5.3 million fewer people are on payrolls today than before the pandemic.
more than 2.8 million people have signed a Change.org petition started last year that calls on lawmakers to pass legislation for recurring $2,000 monthly payments.
Twenty-one senators — all Democrats — signed a March 30 letter to Mr. Biden in support of recurring stimulus payments, pointing out that the $1,400 payment being distributed by the IRS won’t tide people over for long.
Why a fourth Stimulus Check is NOT Happening now:
According to Wall Street analysts, “I think it’s unlikely at this time,” Raymond James analyst Ed Mills told CNBC. One reason is that the Biden administration is focused on advancing its infrastructure plan, which would reshape the economy by rebuilding aging schools, roads and airports, as well as investing in projects ranging from affordable housing to broadband.