New stimulus payments are about to reach millions of people who qualify

More money is coming. New stimulus payments are coming to those who qualify. As new stimulus payments approach, the third check for $ 1,4...

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  • More money is coming.
  • New stimulus payments are coming to those who qualify.
  • As new stimulus payments approach, the third check for $ 1,400 keeps coming, too.

More money could arrive in your bank account soon. New stimulus payments are to be sent to millions of Americans who qualify for the benefit provided by the administration of President Joe Biden.

ABC 20 outlined on Friday that there has been a heated debate over whether a fourth round of stimulus checks should be issued, yet what seems increasingly likely, whether they are called stimulus checks or not, is that millions of Americans will soon receive new direct payments due to the coronavirus pandemic crisis.

New stimulus payments are coming

New stimulus payments

Aside from the $ 1,400 checks for the third round, one version of these new stimulus payments, ABC 20 explained, is the expanded federal child tax credit included in President Joe Biden’s American Rescue Plan, which will provide assistance to families with children up to 17 years of age.

Parents and caregivers will receive $ 3,000 a year divided into monthly checks for each child from 6 to 17 years old, and $ 3,600 for each child under the age of six, detailed the referred media.

New stimulus payments will come in various forms

New stimulus payments

The new stimulus payments will also come in the form of the Coronavirus State and Local Fiscal Recovery Fund that is also provided by the Administration of President Joe Biden, the ABC 20 report noted.

States, counties and cities will receive a portion of the $ 350 billion fund to distribute to households and businesses that have struggled financially due to the effects of the pandemic.

Distribution of payments

new stimulus payments

According to the statement cited by ABC 20, the money can be used to replace lost public sector revenue, invest in infrastructure, or give a “premium payment” to essential workers by “offering additional support to those who bear and will bear the greatest risks. of health due to its service in critical infrastructure sectors ”.

Two other permitted uses of the money are to support public health expenditures or to counteract the economic consequences caused by the public health emergency. The latter may include “economic damage to workers, households, small businesses, affected industries and the public sector”. So those new stimulus payments are on the way to those who qualify for those benefits.

18 Republican States End Unemployment Assistance

New stimulus payments
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Separately, a growing number of Republican-led states have ended the $ 300-a-week bonus unemployment benefit intended to help Americans during the coronavirus pandemic, a move they say will help business owners cope. find staff.

West Virginia and Alaska became the latest states to announce the measure on Friday, after the governors of Arizona, Georgia and Ohio made similar announcements Thursday. Those states have joined at least 13 others in opting out of the programs, bringing the total for now to at least 18, according to CBS News.

“Go back to work”

New stimulus payments
Photo: Shutterstock

“West Virginia residents will have access to thousands of jobs right now and we need everyone to get back to work,” Gov. Jim Justice said during a briefing on Friday. Your state will end all federally funded pandemic unemployment programs at midnight on June 19.

“In Arizona, we will use federal money to encourage people to work … instead of paying people not to work,” Gov. Doug Ducey said in a statement announcing that Arizona would offer one-time bonuses to returning workers. But President Joe Biden has said that federal benefits are not the reason people don’t return to work.

“Generous unemployment benefits”

end unemployment check in 18 states

“The line is due to generous unemployment benefits, which is a major factor in the labor shortage. Americans want to work. Americans want to work, ”Biden said at the White House on Monday. “I think people who say that Americans don’t want to even if they find a good and fair opportunity are underestimating them.”

Anyone who collects unemployment who is offered a “suitable job” must take that job or lose unemployment benefits, Biden said. The governors of Utah, South Dakota and Wyoming announced Wednesday that their states would end the benefit increase.

End Unemployment Check in 18 States: “Simply Un-American”

end unemployment check in 18 states, unemployment benefit

The Wyoming governor said in a statement that encouraging people not to work is “just un-American.” The governors of Idaho, Iowa, Missouri and Tennessee joined the governors of Alabama, Mississippi and North Dakota on Tuesday, who made their respective announcements on Monday.

Officials in Montana, South Carolina and Arkansas announced last week that those states will exit the federal program at the end of June. Montana Governor Greg Gianforte said “the huge expansion in federal unemployment benefits is now doing more harm than good.”

Monthly unemployment report was the evidence

end unemployment check in 18 states, unemployed

Vermont’s work search requirements for those receiving benefits were also reinstated as of this week. Florida will reinstate work search requirements beginning in June for unemployed Floridians to receive benefits.

And other states are considering similar measures, in light of Friday’s report from the Labor Department showing that the economy added 266,000 jobs in April, far fewer than 1 million experts expected.

“We pay people not to work”

end unemployment check in 18 states

On Sunday, Utah Governor Spencer Cox told CNN that he thinks exiting pandemic-related unemployment benefits is a good idea, arguing that the recent report of lower-than-expected jobs is “what happens when we pay people not to work ”.

But the president disagreed, saying Monday there are still 8 million fewer jobs than when the pandemic began. He called those benefits a “lifesaver.” The American Rescue Plan approved in March extended unemployment benefits of $ 300 until early September.

“We will insist that the law be followed”

end unemployment check in 18 states, Gun People White House Secret Service Joe Biden

“We will insist that the law be followed regarding benefits,” Biden said Monday. “But we are not going to turn our backs on our compatriots.” When asked about the states that opted out on Thursday, White House press secretary Jen Psaki said the governors’ reasoning was “off course.”

“What we’ve seen in the data is that the real issues at stake here are the pandemic and the people who need to address issues like child care,” Psaki said. He also noted that people are “afraid” of going back to work before being vaccinated and that when they look at the data they have not seen the improved benefits as a “pervasive determinant of people not going back to work.” For more information read this new.

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