Fourth Stimulus Check Update: Biden Administration Urged To Set Up Automatic Stabilizing Payments
The Biden Administration has not fully thrown out the idea of providing another round of stimulus checks to Americans, though they also have not committed to actually making them a reality. While many are still hopeful another round of direct payments could come for those in need, others have since hoped that the President would set up a system that would allow payments to trigger automatically if certain needs were met.
Lawmakers, as well as members of the public, have all announced support of automatic stimulus checks, Yahoo News reports, The idea of the spontaneous relief is that it would be tied to some sort of economic metric, like unemployment, and if national numbers went to a certain level, checks would be automatically triggered and sent to Americans on a recurring basis until things stabilized and the metric was back to normal.
The idea of automatically triggered payments has seen support from both the American people—some of whom signed a petition calling for it—but lawmakers as well, with members of the House Ways and Means Committee even drafting a letter to the President stating their case.
“Families and workers shouldn’t have to worry about whether they’ll have enough money to pay for essentials in the months ahead as the country continues to fight a global pandemic and recession,” the letter stated.
Other reasons for payments have been cited as well, including rising inflation causing a surge in prices, the ending of some unemployment benefits and the way checks help pull some families out of poverty.
The Administration’s official stance on checks has been that while the President believes his current economic plans—which focus on infrastructure, jobs and education—will be what the economy needs, he is still open to hearing other ideas, including ones about more stimulus payments. However, at this time, there are no concrete plans to make a fourth direct payment to Americans.
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