The Stimulus Check provided enormous relief to struggling American citizens. The coronavirus devastated America’s economy. Under these conditions, Joe Biden signed the American Rescue Plan. In the form of stimulus payments, this plan catered to nearly every citizen. People were extremely relieved by the introduction of these checks. They were easily able to settle their outstanding bills. Unfortunately, after distributing three installments, the checks ceased.
The federal government issued three sets of Stimulus Checks. Citizens who qualified received checks for $600, $1200, and $1400. The IRS recently issued the third batch of checks. The funds were wired directly to the bank accounts. However, individuals also had the option to use paper checks. The federal government does not appear to be interested in additional checks at this time.
They have ordered the gradual opening of businesses and have requested that the vaccination process be expedited. This effectively eliminates the possibility of a fourth stimulus check passing. Currently, only the states provide money to their citizens. Let’s examine the narrative in greater depth below.
Stimulus Check: No Hope For Additional Funds
No longer will there be a Stimulus Check. The citizens of the United States must believe this news. The Democrats attempted to pass a bill titled “Build Back Better” to provide citizens with additional funds.
However, strong opposition from Republicans and Joe Manchin himself destroyed the bill’s chances of passage.
The only remaining stimulus checks will come from the states. States such as New York, Florida, and Indiana will provide financial assistance to their residents.