Fourth Stimulus Check Update: Here’s When Next Round Of Direct Payments Will Arrive

Americans may not be getting a fourth stimulus check deposited in their bank accounts from the federal government soon, but residents in California could soon start seeing a small influx of cash in their accounts.

The Golden State Stimulus II is estimated to deliver a round of two million checks to state residents who are eligible for the program, which already deposited 600,000 payments on August 27 of $600 each. According to the U.S. Sun, the California Franchise Tax Board has confirmed two million additional payments will be going out soon, to allow two-thirds of state residents to get paid. Any residents earning less than $75,000 are eligible to claim the check if they have a valid social security number and had not yet received the first payment.

In addition, residents who use an Individual taxpayer Identification Number will be receiving a special $1,000 check since they are not eligible to claim federal stimulus check payments.

The news that these additional payments are coming to Californians comes as calls for another federal stimulus check continue to grow amongst Americans. From $1,400 checks for seniors to $2,000 monthly payments called for in an online petition, many have been asking the federal government to consider another round of payments, especially as the Delta variant continues to cause cases of the coronavirus to rise around the country.

In addition, more studies have shown that the checks had a huge benefit for the neediest of Americans during the Pandemic. A report from the U.S. Census Bureau found that the supplemental poverty rate declined from 11.8% to 9.1% in 2020 because of the stimulus checks and other programs. In addition, studies have found that checks decreased financial instability by 43% and also led to a 42% decrease in household food shortages.