For the time being, how does $2,000 a month — plus an additional $1,000 for each child you may have — sound until the COVID-19 pandemic is brought to a close?
It sounds pretty dang good to more than 3 million people and counting, especially with Omicron tearing across the country.
This is according to a piece published this week on Forbes.com, which refers to a Change.org petition established by Denver restaurant owner Stephanie Bonin, which has garnered traction throughout the internet in recent weeks.
So far, the petition has surpassed the 3-million-signature threshold, with a goal of 4.5 million signatories still to come.
“Our country is still going through a lot of difficulties,” Bonin stated on the petition. “Unfortunately, the rebound hasn’t reached many Americans – the genuine unemployment rate for low-wage employees is estimated to be over 20%, and many people are saddled with big bills from last year’s expenses for items like utilities, rent, and child care.”
All of these are reasons why checks should be targeted to people who are still struggling, and why Congress should take note of the lessons learned from the previous year.
It took nine months for Congress to deliver a second stimulus check, and it only took a few moments for the money to be put to use. The next step is for Congress to make repeated checks automatic if specific conditions are satisfied.”
Those who have been struggling financially since the beginning of this nightmare would undoubtedly appreciate some additional financial security.
- Stimulus Update: California Has Issued Its Final Round of Stimulus Funds, Although More Checks May Be Forthcoming in 2022.
- Update on Stimulus Checks: Residents of This State Can Get Up to $1,000 in Stimulus Funds.
- Taxpayers May Receive Two $3,600 Stimulus Payments in February, According to the Internal Revenue Service (IRS).
However, after three rounds of stimulus checks throughout the pandemic, and with some good trends — Forbes notes that “high vaccination rates, stock market recovery, and job data” have all improved over the previous year – the fourth round of stimulus checks appears to be improbable.
Take into consideration that President Joe Biden has so far expressed reluctance to make such a move, and it’s clear that it’s not going to happen. And, according to Forbes, if a fourth stimulus check is sent, it is unlikely that a monthly payment will be preferred over another round of one-time payments.