Fourth stimulus check: Is the new payment in jeopardy?

Republican opposition to economic stimulus relief increases. Hopes for a fourth check are slim, yet Democrats keep pushing. Around 80 Dem...

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  • Republican opposition to economic stimulus relief increases.
  • Hopes for a fourth check are slim, yet Democrats keep pushing.
  • Around 80 Democrats see a need for pandemic support.

Because of the Republican opposition to economic stimulus relief, the hopes of a fourth check are slim, however, Democrats keep pushing, according to information by Ace.

The support for a fourth or even fifth check has increased in some cases, around 80 Democrats see the need for support due to the pandemic, however, the vast majority reject it due to the high spending it would mean for the US government.

THE EXPENDITURE

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Household spending has raised the concern of some legislators who believe that the government should give more resources to pay rent, services, schools and other payments that have been delayed due to the lack of employment.

However, this seems to be unlikely for citizens, who although they also request it, it is not feasible for the authorities, for the time being continues with the delivery of the third economic stimulus check.

PRESS

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Recently, 7 Democrats sent a signed letter to President Joe Biden, telling him that it was necessary to include another direct economic stimulus payment in the American Families Plan, within the next budget package.

In the letter they explained that “checks for $ 1,400 will only keep 11 million people out of poverty this year, with the expansion of UI and other provisions in the bill representing another five million. A fourth and fifth check could keep another 12 million out of poverty. ”

WAIT FOR DECISION

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This action was after twenty-one senators, including Bernie Sanders and Elizabeth Warren, sent a similar letter in April, however, the White House only succeeded in saying that this decision is the sole responsibility of Congress.

That is why until now, despite the voice of citizens who want more money, the green light has not been given, because it is a matter that belongs to the congress, and they have not agreed because opinions are very conflicting.

NEGOTIATE AJP

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It should be remembered that at the moment the main objective of the White House is to negotiate with the Republicans on the infrastructure bill, which has been called the American Jobs Plan (AJP). The AJP does not contemplate funds for an additional stimulus check.

There are several conditions for the possibility of the AJP to be granted or not, however, what most interests people is the fourth check, although everything seems to indicate that it is at risk due to the AJP that it finds in negotiations.

PRESSURE

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Various lawmakers continue to pressure President Biden to approve new financial aid. If this proposal goes to fruition, it’s important for you to know: Why would Latinos benefit the most from a fourth aid check?

There is no formal project for a fourth financial aid check yet, but the idea remains strong and is pushed by more than 80 Democratic lawmakers, who continue to encourage Biden to offer extra encouragement to families.

POVERTY REDUCTION

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A new economic aid of $ 1,400 dollars or similar would directly influence the reduction of general poverty in the United States and especially among the Latino and African-American community, according to a study by the Tax Policy Center.

With the delivery of another check, poverty in general would decrease from 13.7% to 6.4%. Although this would depend on the number of people to whom the US government decides to extend the aid and if it would be only for the United States or would include the undocumented.

LATINOS, MORE BENEFITED

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In this same report from the Tax Policy Center, experts Elaine Maag and Kevin Werner indicate that the Latino community would be one of the most benefited with a fourth check and that the poverty rate would drop from 13.3% to 9%; while with the distribution of a fifth check it would drop even more until reaching 6.3%.

These data have been calculated under the assumption that the payment will be delivered universally to all people, so that their immigration status is not exclusive. If so, more than 11 million undocumented people, including thousands of Latinos, would enjoy the benefit, indicates La Opinion.

Fourth stimulus check: THE EFFECT

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Experts explain that “including everyone in the US in payments rather than restricting them to citizens has the greatest effect on Hispanics.” In this way, “the Hispanic poverty rate would decrease from 13.3 percent to 9.0 percent,” they indicate.

While some more liberal Democrats push for the passage of a fourth stimulus check, Republicans oppose the idea. Even so, President Biden has defined some strategies to continue the “recovery” of the country in the midst of the pandemic.

Fourth stimulus check: PLANS

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Following the approval of the American Rescue Plan last March, President Biden has presented three more relief projects. Although none of them include a fourth financial aid check, they do consider other ways to help families.

Following the approval of the American Rescue Plan last March, President Biden has presented three more relief projects. Although none of them include a fourth financial aid check, they do consider other ways to help families.

Fourth stimulus check: IMPULSE

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California Rep. Jimmy Gomez led the latest push for new financial aid to be approved. In his petition he exposes the need for the unemployment benefit, which ends in September, to be extended

He also added the importance of passing two more stimulus checks, as this would help lift some 28 million people out of poverty. The White House has not spoken for or against the proposals.

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