MORE cash could be on its way to Americans including a fourth stimulus check and recurring payments.
This is because a group of 10 progressive senators are pushing Joe Biden to include recurring stimulus payments (PDF) in the next spending bill.
Could a forth stimulus check be on the way to American mailboxes
Biden’s American Rescue Plan passed in March is the first spending package in 2021, with $1,400 checks, $300 extra in weekly unemployment benefits and an expanded child tax
But already some lawmakers have stirred up the possibility of another direct payment.
This comes as the President eyes a $3 trillion spending bill for 2021 which will concentrate on revving up the economy.
Now the Biden administration is working on a sequel, with a package in the pipeline the President refers to as the Build Back Better plan.
In early March, a group of 10 senators, including Elizabeth Warren and Bernie Sanders, asked Biden to include recurring stimulus payments (PDF) in the next spending bill.
They said: “We urge you to include recurring direct payments and automatic unemployment insurance extensions tied to economic conditions in your Build Back Better long-term economic plan.
“This crisis is far from over, and families deserve certainty that they can put food on the table and keep a roof over their heads.”
We urge you to include recurring direct payments and automatic unemployment insurance extensions tied to economic conditions in your Build Back Better long-term economic plan
However, the huge $3 trillion spending package has already been earmarked for a number of projects that aim to stimulate the US economy.
This includes investing in the nation’s energy grid, transportation, broadband and water systems.
It is far from clear whether this will include stimulus checks.
But there is support in the Democrats to support people as long as the pandemic continues to push millions of Americans into hardship.
Finance website CNET states there could be a number of ways more cash could be coming your way.
Progressive Democrats could convince Biden to include recurring payments such as stimulus checks.
Another way could be passing a minimum wage hike which could double it to $15 per hour.
Make the Child Tax Credit raise permanent rather than end in 2021.
Federal unemployment payments could also be extended beyond September.
Along with recurring payments, the 10 Democratic senators in their letter to Biden requested he also extend federal unemployment assistance beyond September.
In the letter they wrote: “We urge you to include .. automatic unemployment insurance extensions tied to economic conditions in your Build Back Better long-term economic plan.”