ALMOST 2million more $1,400 stimulus checks are now on the way with a total value of $3.4billion.
The US Department of the Treasury announced that the sixth batch of the Economic Impact Payments are now on the way as part of the American Rescue Plan.
A further 2million stimulus checks have gone out to AmericansCredit: Getty
It has been more than 40 days since the payments started being made as they are hoped to provide essential relief amid economic struggles from the Covid pandemic.
In a statement, the treasury said: “The sixth batch of payments began processing on Friday, April 16, with an official payment date of April 21, with some people receiving direct payments in their accounts earlier as provisional or pending deposits.”
Included in the new round of payments are some 700,000 – worth $1.3billion – which went to people who the IRS originally did not have information to send them out to before.
The batch also includes payments going to people who earlier received cash based on 2019 tax returns.
But these individuals may now be eligible for larger payments based on their 2020 tax returns.
Meanwhile, a further 600,000 payments in the batch of checks have gone through to people who receive Social Security benefits.
Three rounds of stimulus checks have been sent out over the past year to help keep Americans going as the pandemic wreaks havoc on the economy.
And calls are now being made for fourth or even a fifth round of payments that could help lift 12million Americans out of poverty.
While no official plan has been announced, progressives are pushing Biden to introduce even more stimulus checks.
Joe Biden is facing pressure to release even more stimulus checksCredit: Alamy
Biden has proposed a projected $7trillion long term infrastructure plan – known as the Build Back Better Plan.
Some 10 progressive senators – including Bernie Sanders – urged Biden in March to include more and “recurring” direct payments.
And a similar request was also made last month by 21 other lawmakers led by Senator Ron Wyden.
Over the past few months, the US Government has been dishing out waves of cash as part of a $1.9 trillion package that Congress approved in March.
With pressure continuing to build on the President over effects of the Covid pandemic, two new stimulus packages are already being prepared – the American Jobs Plan and the American Families Plan.
That means that more money could be handed out with targeted payments to specific groups, such as those out of work or parents earning below a certain income.
It would aim to slash povery and boost the economy with congress willing to push for a minimum wage hike and a permanent rise in child tax credit.
The Economic Security Project, a nonprofit, have argued more checks could help end poverty for some 12million Americans.