Two new rounds of $ 1,400 payments could be coming

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Two new rounds of $ 1,400 payments could be coming
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  • Good news for many citizens.
  • Authorities announced the possibility of two checks for $ 1,400.
  • “There is enough money for the government to finance two checks,” they clarified.

The possibility that people can get two stimulus checks, worth $ 1,400, was unveiled. This probability of seeing both checks being sent, comes about thanks to Joe Biden’s $ 3.5 billion internal spending package that was approved earlier.

The news comes at a good time, after it was announced that the government might have enough money to approve two stimulus checks; this can be afforded due to increased taxes for the richest Americans, according to The Sun.

Incentive checks October: Checks to arrive

Incentive checks October: Checks to arrive
Photo: Shutterstock

The Sun, announced that more stimulus checks of $ 1,400 would be coming to the accounts of Americans. According to the media, this possibility would be linked to the approval of the internal spending package with a value of $ 3.5 billion dollars, proposed by Joe Biden.

This possibility could be in process, so they should be aware of updates regarding stimulus checks. The probability of receiving two checks could come true faster than it seems. This, due to the increase that there will be in the taxes of the richest citizens. Filed Under: October Stimulus Checks

Stimulus checks October: Could raise more money

Stimulus checks October: Could raise more money
Photo: Shutterstock

It is estimated that it can raise more than $ 800 billion dollars, according to Kyle Pomerleau. Biden’s tax reform would bring more profits for people who are going through a more difficult situation from the pandemic; although of course, there are people who do not see the president’s reform as a benefit.

The Sun reported that there is enough money for the government to fund two stimulus checks over $ 1,400, similar to what most Americans received under Biden’s stimulus bill, during the most difficult months of the pandemic and that they managed to help in the losing streak. Filed Under: October Stimulus Checks

October stimulus checks: The achievements that could be made to the tax reform

October stimulus checks: The achievements that could be made to the tax reform
PHOTO Shutterstock

In accordance with The Sun and Business Insider, that revenue represents enough money for the government to fund two stimulus checks over $ 1,400, similar to what most Americans received thanks to Biden’s $ 1.9 trillion stimulus bill passed during the Covid-19 pandemic.

In August, Senator Bernie Sanders told a crowd at an outdoor amphitheater in West Lafayette, Indiana: “My Republican colleagues are telling everyone that Bernie Sanders and the Democrats are going to raise taxes. They are right, we are going to raise them with the richest people in this country ”. Filed Under: October Stimulus Checks

October stimulus checks: The benefits it could bring

October stimulus checks: The benefits it could bring
Photo: Shutterstock

Senator Sanders from Vermont was noticing the difference between the two political parties, as Republicans in Congress in previous years passed tax cuts for wealthy Americans.

Now Sanders is defending his case based on a budget proposal that promises, among other benefits, universal pre-kindergarten and a free community college, The Sun explained in its report. Filed Under: October Stimulus Checks

October stimulus checks: The benefits of the proposal

October stimulus checks: The benefits of the proposal
Photo: Shutterstock

It also expands health care coverage through Medicare, creates pathways to citizenship for millions of immigrants in the country illegally, and encourages states to adopt labor-friendly laws.

But Republicans said the plan is fraught with wasteful spending and tax increases. “This is the town’s budget. This is the budget that will impact tens of millions of lives in this country: the elderly, the children, the working families, the middle class, ”Sanders said in an interview before Friday’s rally, according to The Sun. Filed Under: October Stimulus Checks

The richest must “pay what corresponds”

The richest must
PHOTO Shutterstock

“Poll after poll shows that the American people want the richest people, the big corporations, to pay their fair share,” emphasized the aforementioned Vermont senator.

Senators Ron Wyden, Mark Warner and Sherrod Brown have already released a preliminary framework aimed at ending incentives for companies to relocate their operations outside the United States.

They seek that those who earn more also pay more taxes

They seek that those who earn more also pay more taxes
Photo: Shutterstock

“While working families have struggled to get ahead, businesses that saw their taxes cut in half are doing better than ever and paying less in taxes than at any time since World War II,” Wyden said in a statement. quoted by The Sun.

“To straighten the ship, we are ending incentives to send jobs abroad and closing loopholes that allow companies to store their profits in tax havens,” he added.

Checks that students will receive in Missouri

Stimulus check
Photo: Twitter

As residents of the United States cling to the last vestiges of hope to receive the fourth stimulus check, in Missouri, many lucky people would receive a new stimulus payment of up to $ 1,500 with their name. BGR.

The Missouri State University (MSU) Board of Governors voted a few days ago in favor of this plan, the purpose of which is to “provide emergency financial aid grants to students whose lives have been disrupted, many of whom are facing challenges. financial and are struggling to make ends meet.

New stimulus payment of up to $ 1,500 for some Missouri students

New stimulus payment of up to $ 1,500 for some Missouri students
Photo: Shutterstock

MSU students could receive these checks as soon as a month or so. “This is money that is supposed to be distributed to students as if everyone else received their stimulus check,” MSU President Clif Smart said at the conference. Springfield News-Leader.

The money for this stimulus payment comes from the Federal Emergency Assistance Fund for Higher Education. According to the US Department of Education, this fund was created by the original coronavirus relief bill passed by Congress in 2020.

Who are eligible?

Who are eligible?
PHOTO Shutterstock

“We are the intermediary to distribute the stimulus checks, as directed by the federal government,” Smart added. To be eligible, students must also be currently enrolled in at least one credit hour. Likewise, they must be classified as qualification applicants.

US students deemed to have the most “exceptional” needs will be eligible to receive a payment of up to $ 1,500. The remaining students from the United States, seeking undergraduate or graduate degrees, they will receive $ 1,000.

Foreign students are also eligible

Foreign students are also eligible
Photo: Shutterstock

International students enrolled this fall in the state of Missouri are eligible to receive $ 750, but must apply and demonstrate financial need. And the final number could even be a bit higher, up to $ 1,600, but that depends on the final MSU student count this fall.

For students enrolled this summer, the University of Missouri distributed more than $ 450,000 from federal student aid grants to those enrolled in Springfield and $ 47,000 to those enrolled in West Plains. Springfield News-Leader.

The post They warn that two new rounds of payments of $ 1,400 could be coming appeared first on Hispanic World.

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