The pandemic situation is getting worse in the United States of America. After the massive rise in COVID-19 variant Omicron cases, US citizens are demanding a 4th stimulus check. Let’s read more details in this article.
The COVID-19 is responsible for the rise in unemployment. Many US citizens got unemployed in the pandemic. They are now demanding the 4th stimulus check from Biden’s government. According to some reports, the president of the USA Joe Biden agreed to the fourth stimulus check. It is said that the citizens who are qualified for the stimulus will receive the fourth stimulus check. However, we cannot confirm the authenticity of this news. There has been no official statement made by Joe Biden on the same. The citizens of the USA are waiting for an official announcement. On the other hand, some reports claim that a fourth stimulus check is unlikely. It is being said that the government is in no mood to pass the fourth stimulus. So citizens should not have high hopes regarding the same. Well, there is a lot of confusion on the fourth stimulus check. The ultimate decision depends upon the final word of president Joe Biden. Nothing can be confirmed without the official statement.
On the other hand, it is also reported that the tax refund would be small this year. The main reason given for this is the expanded child tax policy. President Biden’s American rescue plan is the main cause for this. Families with kids will face tax refund-related changes this year. Most people will get a refund lower than their expectations. Most people got some money in 2021 and they are still unaware that the money belonged to a tax credit. So people expecting a full refund would be the most disappointed ones. As the refund would be way less than their expectations.
Recently it was announced by the IRS that the third stimulus check of USD 1400 has been sent to people. The third stimulus is basically advance payment of the recovery credit on a tax return in 2021. Most people have received their checks and those who have not should claim their checks. The main criteria for receiving this check are varied. Like parents whose kids were born in 2021 will receive this check. Families which included a new member like grandparents in 2021 will get the check. So only such people are eligible for a stimulus check.
Many people also filed a petition for the fourth stimulus check. They asked that the value of the check should be USD 2000 and these checks should be given monthly to affected people. Due to growth in unemployment people are demanding another stimulus check. The petition crossed around one million signatures. But Joe Biden has not yet confirmed for the fourth stimulus check. It Looks like the citizens need to wait a little longer for getting the fourth Stimulus check. The country’s economic conditions are a bit unstable so any decision would be difficult for Joe Biden at this point in time. Let’s hope that president Biden confirms a fourth stimulus check soon.