Another Stimulus Check Could Be on the Way for New Yorkers

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New York residents may receive additional government assistance as COVID-19 continues to have an impact on the country in the form of another stimulus check.

Stimulus Check

 

US Senator Mitt Romney has introduced the “Family Security Act,” which is similar to the Child Tax Credit in that families receive stimulus money to help cover costs.

Senator Romeny’s new bill would provide families with $350 per month for each child under the age of five, and $250 for each child aged six to seventeen. The maximum monthly allowance per family is $1,250.

In addition, unlike the Child Tax Credit, this new proposed bill requires recipients of the stimulus check to work, volunteer, or train for at least 80 hours per month.

The proposed bill is currently being debated by both sides of the US Senate, with the main sticking point being the requirement to show proof of work, volunteering, or training. Some business owners attribute the lack of workers to the stimulus checks distributed to Americans at the start of the COVID-19 pandemic.

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If the proposed bill is passed, the following is how the stimulus check would work.

The Child Tax Credit averaged $300 per month for families, but this new bill would allow for more money to be sent to families.

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