- A group of people may be eligible for the fourth economic stimulus check.
- It’s front-line employees who could receive help from the government.
- People that would receive the support could get up to $ 600.
A group of people may be eligible to obtain the fourth economic stimulus check issued by the United States government and here we will tell you which citizens may be, according to information published by the news portal of Market Realist.
But why is there this possibility? It was US Secretary of Agriculture Tom Vilsack who announced last September that some Americans will receive a fourth economic stimulus check payment from the government.
At that time it was said that the funds would be taken from a $ 700 million program that was previously endorsed to help employees who work in these industries, so that they can meet all the commitments of their family on a daily basis.
WHO WOULD GET HELP?
Although it is not known for sure how those resources would be distributed, the only thing that is known is that $ 20 million of them would be set aside for workers in grocery stores, in order to benefit more people for their families and their dependents.
The remedies are said to have been approved early on in the American Rescue Plan Act, which the Joe Biden administration enacted last March. Payment is forecast to come from state agencies and governments rather than the federal government. Filed Under: Fourth Check
Fourth check: ONLY ONE REQUEST
Currently, a group of legislators seek to promote the delivery of a fourth economic stimulus check for people who need to support their families, payments that would be being delivered on a regular basis to US citizens who require it.
Until September 29, a petition launched on the internet, added more than 2.9 signatures of people who accepted a request to request the United States government a support of a fourth check, however, for today it is a possibility that is seen to be the people of the USA
CALIFORNIA HAS A SURPLUS
Although the delivery of a fourth economic stimulus check is not safe at the moment, it is known that those who would receive it would be those who receive Social Security disability, retirement or SSI benefits, so it is believed that Social Security benefits for older people they would go up next year.
Due to its strong financial structure, California is the only state that has sent a stimulus check of its funds in the form of the Golden State Stimulus, since it has a surplus in its finances, so it is not difficult for it to deliver that financial aid . Filed Under: Fourth Check
Fourth check: THE CONDITIONS
What is true is that residents who earn income between $ 30,000 and $ 75,000 per year are eligible for $ 500 or $ 600, as well as $ 500 for households with dependent children.
In turn, the state government declared that citizens who could receive social security assistance would not get the stimulus payment, even if it is their only source of income for the whole family in times of crisis due to the coronavirus that appeared in a end of 2019.
Fourth check: FIGHT POVERTY
A huge government aid package approved in response to the coronavirus pandemic lifted millions of Americans out of poverty last year, even as the official poverty rate rose slightly, the U.S. Census Bureau reported Tuesday.
The official measure of poverty rose one percentage point in 2020, when 11.4% of Americans lived in such a situation, or more than 37 million people. It was the first increase in poverty after five consecutive annual decreases. Filed Under: Fourth Check
Fourth check: MEASURE
But the Census Bureau’s supplemental measure of poverty, which takes into account government benefits and stimulus payment programs, showed that the number of people living in poverty dropped significantly after aid was taken into account. .
The supplemental poverty measure was 2.6 percentage points lower than its level recorded in 2019, before the pandemic. Stimulus payments lifted 11.7 million people out of poverty, while unemployment benefits kept 5.5 million from falling into poverty. Social Security remained the most effective anti-poverty program in the nation.
The finding is likely to resonate in divided Congress, where a $ 3.5 trillion spending proposal from President Joe Biden faces an uncertain outlook. Two of the pillars of last year’s response to COVID-19 – higher unemployment benefits and a federal moratorium on evictions – have expired, raising concerns.
“The main conclusion of this report is the extremely powerful anti-poverty and pro-income impact of the government’s response in 2020,” said spokeswoman Emilie Simons. “It’s not enough to temporarily lift people out of poverty, we have to provide opportunities for American workers and their families to stay that way.” Filed Under: Fourth Check
The Census Bureau reports released Tuesday cover income, poverty and health insurance and amount to an annual review of the economic situation of average Americans. They are based on extensive surveys and analysis. During last year’s epic economic collapse, employers cut 22.4 million jobs in March and April, the biggest decline since tracking began in the 1940s.
Weekly claims for unemployment benefits topped 6 million in a single week in April, the most ever on record. Since then, the economy has regained three-quarters of those lost jobs, but the United States still has 5.3 million fewer jobs than it did before the pandemic started. Filed Under: Fourth Check
Since the government of the then President of the United States, Donald Trump, in March of last year, the first support began to be given to families to face the crisis caused by the pandemic, with a check that would alleviate the burdens.
So far, citizens have received a total of three economic stimulus checks, as part of the support that the federal government gives to all to improve their economic situation, especially if they were affected by a source of employment. Filed Under: Fourth Check
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