Can cash-strapped Americans expect more stimulus checks in 2022?
It is against this very concerning backdrop that millions of hard-working Americans are doing their best to make ends meet for themselves and their families every day.
Congress was well aware of the widespread financial difficulties at the start of the pandemic when it approved the delivery of three much-needed projects stimulus checks to most Americans. A check for $1,200 arrived in April 2020, $600 in December, and a $1,400 payment in the spring of 2021 as part of President Joe Biden’s US bailout.
More stimulation Just a pipe dream?
However, for many cash-strapped and pandemic-weary Americans, those three checks are nowhere near enough. But can Americans expect more government-issued stimulus checks in the future?
“Unless conditions worsen significantly, it’s unlikely that more direct stimulus checks will be sent out next year,” Carter Seuthe, CEO of Credit Summit Payday Loan Consolidation, told the resources site. personal finances. GOBankingRates.com.
“The current administration has shown little appetite for passing such measures by executive order, and Congress has been dragging its feet in pushing through major infrastructure spending,” Seuthe also said.
Despite the seemingly dim chance of another round of stimulus checks being passed, that hasn’t stopped ordinary Americans from speaking their minds on the issue. In fact, seven petitions for new stimulus checks are currently circulating. These petitions have collectively garnered over five million signatures and continue to accumulate more every day.
Of these passionate appeals, the most popular by far is the Change.org petition which was started by Stephanie Bonin, a restaurant owner in the pandemic-hit Denver area.
“I am one of millions of Americans who fear for my financial future because of this coronavirus crisis,” reads the petition, which recently eclipsed its stated goal of three million signatures.
“I call on Congress to support families with a $2,000 payment for adults and a $1,000 payment for children immediately, and to continue regular checks throughout the duration of the crisis,” he continues. .
Look to California?
Policymakers in Washington have remained mostly silent on whether more stimulus payments are needed, but it appears California has already said more stimulus checks will be on the way for its residents.
“We expect that in the revised wording in May, when I update the budget, we will probably have an additional refund for taxpayers,” Governor Gavin Newsom said recently. told reporters.
The state is currently issuing the final batch of Golden State Stimulus checks for $1,100. About two in three state residents are eligible for a share of the $12 billion in stimulus payments.
Ethen Kim Lieser is a Washington State-based science and technology editor who has held positions at Google, The Korea Herald, Lincoln Journal Star, AsianWeek, and Arirang TV. Follow him or contact him on LinkedIn.