Covid Stimulus Check of $2,000 Per Month? As Omicron grows in popularity, the petition has surpassed 3 million signatures.
The Omicron COVID variation is on the rise, and there are renewed requests for further relief in the form of stimulus checks for distressed Americans. Since last year, a big petition on Change.org has been requesting $2,000 monthly payments for adults and $1,000 each child. According to USAToday.com, the petition has already received 3 million signatures, with a revised goal of 4.5 million names.
Stephanie Bonin, a Denver restaurant entrepreneur who stated the money was needed because the country was “seriously struggling,” founded the foundation.
The figures being thrown about, according to Bonin, are all false. Low-wage workers are predicted to have a jobless rate of more than 20%. Furthermore, a sizable portion of the American population is enslaved by debt. Congress, according to Bonin, must learn from the past. It took Congress a full nine months to send a second stimulus payment. As a result, if specific criteria are met, Congress must automatically advance periodic checks.
Is it adequate to perform three rounds of direct stimulation checks?
Three rounds of direct stimulus checks were issued by the US government: $1,200 in March 2020, $600 in December 2020, and $1,400 in March 2021. In addition, the increased child tax credit offered a monthly payment of up to $300. That, though, is set to expire in December 2021. Another tranche of payments is unlikely to be approved by Congress. The blocked Build Back Better Act, on the other hand, gives some promise.
Will Make a Comeback Isn’t it better to plan in the light of day?
Biden’s BBB plan, on the other hand, is more focused on improving long-overlooked infrastructure modernization. The idea, however, has encountered a snag and has failed to pass the Senate. Critics have claimed that stimulus checks cause inflation and that the BBB proposal will result in an even worse spell of inflation.
The cost of living increased dramatically at the start of 2022, with inflation reaching new highs. Is this a precursor to more stimulus checks? By the end of 2021, the average American expected to get a fourth stimulus cheque in their bank accounts. Is there a chance of a fourth Omicron with the present surge?
There are currently no indications that Congress will issue another stimulus package. However, given the current situation, it is hard to rule out the possibility. Let us thus hope for the best.