- Will a fourth check arrive in August? Push to approve more aid to families still struggling to get ahead in the United States amid pandemic.
- According to the most recent data, despite government payments, 20 million people say they struggle to put food on the table.
- The International Monetary Fund projected that the US economy will grow by seven percent in 2021.
Will a fourth check arrive in August? They push for more aid to families who continue to struggle to get ahead in USA in the midst of the pandemic, as they claim that federal stimuli have not been enough.
The most economically affected citizens are pushing for a fourth check to be approved before August. According to the most recent data, despite government payments, 20 million people say they struggle to put food on the table.
Fourth check in August? Press to approve aid to families who continue to struggle
President Biden’s American Rescue Plan was approved last March. However, it has been four months since more than 165 million citizens began receiving checks of up to $ 1,400.
The Centers for Budget and Policy Priorities (CBPP) released a report with troubling statistics in which 20 million citizens assure the difficulties they have in bringing food home and that 11.5 million they have fallen behind on their rent payments.
The economy improves, but some still suffer
The economy in the United States has improved. In June, for example, 850,000 new jobs were registered and the unemployment rate fell to 5.9 percent, reported The Sun. Of course, there is still a long way to go to reach 3.5 percent before the pandemic.
The International Monetary Fund projected that the US economy will grow by seven percent in 2021, but despite the fact that the economy has been recovering, millions are still suffering the economic blow left by Covid-19.
There is still to recover
During the pandemic, many jobs have been lost, most of them, 53 percent, were lost in industries where they offer lower wages, such as hospitality and the food industry. According to the Department of Labor, these areas make up 30 percent of all jobs in the country.
Despite the fact that these workers benefited the most from federal checks, it is the sector where the most jobs are still available; twice as much as in middle-wage industries and three times as much as in high-wage industries. Overall, unemployment remains high in the US.
Citizens still need help
The big question is, will they pass a fourth economic stimulus check? President Biden has been open to the idea, but has prioritized his infrastructure law and his projects to create more jobs. Although his government is trying to extend the adjustments they made to the 2021 Child Tax Credit until 2025.
So far, the bills they will present in the Senate do not include plans for more checks to citizens, but 20 million Americans struggling to get the basics continue to press for an early decision to help them cope with the economic situation .
They reveal 3 keys for the approval of a fourth check
In the corridors of the United States Congress, debates continue to offer new aid to citizens, which is why they reveal what are the 3 keys to the approval of a fourth stimulus check.
For now, lawmakers remain focused on the $ 4 trillion economic package proposed by the president. Biden. However, the idea of a fourth check has gained more and more force as economic experts say that this would considerably reduce poverty in the country.
They reveal 3 keys for the approval of a fourth check
Many beneficiaries have already received, and even consumed, the $ 1,400 contemplated in the American Rescue Plan. That is why the possibility of a fourth check takes more and more flight.
In effect, the intention to approve it is still valid and even receives more and more support, but the actions of legislators and the government increasingly remove a possibility of additional direct aid for Americans, he reviewed The opinion.
ONE: More and more support
The fourth check receives increasing support. One of the first to back the idea was Senator from Vermont, Bernie Sanders, who has not stopped insisting on delivering more aid to Americans. Part of their argument is that the checks have helped reduce financial instability 43%, lack of food 42%, and anxiety and depression 20%.
“Yes. The government can and should continue to serve the needs of the working class, not just the 1%, ”commented Sanders about the delivery of aid in a post on Twitter.
TWO: Biden’s opinion counts
Although Biden has not endorsed the idea, he is “open” to proposals. “He is happy to hear a variety of ideas about what would be most effective and what is most important to the advancement of the economy,” said Jen Psaki, a White House spokeswoman.
“But he has also proposed what he believes will be the most effective in the short term for people to return to work, to overcome this crucial period and also to make us more competitive in the long term,” he acknowledged about Biden’s priorities and stressed that those checks are “not free.” In keeping with this, Senate Majority Leader Chuck Schumer’s priority is to pass the President’s $ 4 billion package for infrastructure and family aid.
THREE: Checks Needed to Reduce Poverty
The “official reopening” of the country is expected to occur on July 4, so economic reactivation is imminent. However, many experts say that checks are necessary to reduce poverty. Such is the case with the Urban Institute, which estimates that another payment would reduce poverty by at least 6.4 percent in 2021.
“Direct cash payments are an essential tool that will boost economic security, boost consumer spending, accelerate recovery and promote certainty at all levels of government and the economy, for as long as it takes,” they said.
Keys for the approval of a fourth check
A fourth and fifth aid check could be on the way thanks to the push that legislators are giving in the Senate with the idea of continuing to help citizens in the midst of the coronavirus pandemic.
The support continues to grow and is that now seven members of the House of Representatives sent a letter to the President Biden indicating that they join the group of legislators who support the plan for two new additional economic stimulus checks. Fourth check in August? Press to approve aid to families who continue to struggle.
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