![]() ![]() They are credited with supercharging the economic recovery which had begun to lag at the end of 2020 as a new variant caused infections to surge. Two more rounds of stimulus checks were also passed in the interim of up to $2,000 in total. Those benefits were extended in 2020 and again in 2021 but have now ceased, being seen by some as the reason behind a severe labor shortage in the US. Congress acted rapidly to pass the 2020 CARES Act to get relief to businesses and households, including the first round of stimulus checks of up to $1,200 for eligible adults and $500 per qualifying kid under age 17.Ĭongress also passed generous enhanced pandemic unemployment benefits which kept households afloat where workers’ businesses were shuttered or they had to stay home because of pandemic-induced upheavals in their lives. When the US and the world were put on lockdown, millions of workers were confined to their homes sending the unemployment rate skyrocketing to 14.7 percent in April 2020. Which states offer direct payments for residents?Ĭongress previously acted quickly to get relief to Americans affected by the pandemic.VP Kamala Harris provides update on Child Tax Credit.Tech entrepreneur couple arrested for $3.6bn bitcoin theft.Even after the nation experienced its largest surge yet of the pandemic. Several factors are at play preventing action to help American households still struggling in the aftermath of the recession caused by the virus. ![]() Despite continued disruptions to business as usual and covid-19 keeping people from working, no new covid-related relief is on the table. No specific ammounts or dates have been announced officially.The covid-19 pandemic is approaching its two-year anniversary and the US just crossed another grim milestone surpassing 900,000 deaths. Although specific details are not provided, it is encouraging to see states taking charge and exploring potential avenues to support their residents during these challenging times. While the federal government's stance remains unchanged, these states are actively exploring options to provide additional economic relief at the local level. What states are considering a fourth stimulus check? While most people may not receive another direct payment, it is essential to stay informed about potential developments.Īs the nation recovers from the impacts of the pandemic, it is crucial to stay informed about the evolving economic landscape and adapt accordingly. Economic indicators and the changing landscape will play a crucial role in determining the necessity and feasibility of such payments. As of now, a total of nine states have begun payouts, aiming to provide localized support to their citizens.Īs the situation evolves, it remains uncertain whether a fourth stimulus check will materialize. Meanwhile, several states have taken proactive measures and have started disbursing stimulus check payments to their residents. However, some lawmakers are advocating for more stimulus checks to address lingering financial challenges faced by certain segments of the population. The economy has shown signs of improvement, and with the upward trajectory, the need for additional stimulus measures has diminished. While the previous three rounds of stimulus checks played a vital role in assisting individuals and stimulating the economy, the question remains: Will there be another stimulus check? Will you receive a 4th stimulus check in 2023?Īt the moment, it appears highly unlikely that another round of direct payments will be distributed. The third stimulus check, valued at $1,400, was issued under the American Rescue Plan in 2021. This was followed by a second stimulus check, valued at $600, which was part of the Tax Relief Act of 2020. ![]() It aimed to provide immediate financial relief to individuals and families impacted by the COVID-19 pandemic. The initial stimulus check, valued at $1,200, was issued as part of the CARES Act in 2020. With the first three rounds of stimulus checks distributed between 20, attention has turned to the possibility of another direct payment in 2023. As the year progresses, many Americans are wondering if they can expect a fourth round of stimulus checks to help alleviate financial burdens caused by the ongoing economic challenges. ![]()
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