Connect with us

Hi, what are you looking for?

Finance

Update on the Fourth Stimulus Check: Monthly $2K Petition has 15,000 Signatures but is Still Short of 3 Million

Fourth Stimulus Check Update (Photo NewsWeek)
An online campaign that began in 2020 and advocated for $2,000 monthly stimulus checks for every American during the Covid-19 epidemic is just over 3 million signatures shy of its goal. As of Saturday night, it has 2,984,500 signatures.

An internet petition that started in 2020 and called for $2,000 monthly stimulus cheques for every American throughout the Covid-19 pandemic is currently just over 3 million signatures short of its target. It has 2,984,500 signatures as of Saturday night.

Fourth Stimulus Check Update (Photo NewsWeek)

An online campaign that began in 2020 and advocated for $2,000 monthly stimulus checks for every American during the Covid-19 epidemic is just over 3 million signatures shy of its goal. As of Saturday night, it has 2,984,500 signatures.

The Omicron variant of COVID-19 Spreading Around the US

With the Omicron strain of COVID-19 spreading like wildfire, record numbers of individuals contracting COVID after being vaccinated, and sports leagues being struck severely by the virus, requests for another round of stimulation checks might become stronger. Furthermore, Stephanie Bonin, a Denver restaurant owner, started her petition last year, and it has gained traction throughout the year as many people remain unemployed. Bonin said in her petition that she is pushing Congress to offer immediate help towards families by giving a $2,000 payment for adults and a $1,000 payment for children, as well as continuing monthly payments for the duration of the crisis.

After Bonin’s petition around  48,000 new supporters were gained over the last six weeks, It’s doubtful that it will sway the whole Congress. Moreover, The first two stimulus checks were issued in 2020 it was implemented for the American people as an extended help towards the coronavirus. It was under former President Donald Trump,

The Stimulus Checks

The CARES Act was passed into law on March 27, 2020, and the first stimulus check, worth up to $1,200 per individual (with an additional $500 for dependents), would have come as early as April 2020, either as a paper check in your mailbox or via direct deposit into your bank account. Later in 2020, the second stimulus cheques were $600 per adult and another $600 for each dependant. In addition, a third stimulus check was issued at $1,400 per adult after Joe Biden took office in January 2021.

Petitions over Monthly Stimulus Checks

Several other petitions have been established calling for similar recurring monthly stimulus funding, although they are all far smaller than Bonin’s. At the height of the pandemic’s lockdowns and widespread unemployment, the petition with the most signatures was established. According to the petition’s organizer, it was terrible to see her coworkers suffer.

For more than 4 million signatures have been collected on seven petitions. However, Biden has not indicated that he would pursue a monthly payment scheme. At least for the time being. In addition Over 80 Democrats in Congress backed regular payments last spring, and Vice President Kamala Harris was one of them. Six Ways and Means Committee members even contacted President Obama a letter urging him to include recurring monthly payouts in the American Families Plan.

The White House has stated all along that regular payments would be too expensive, but it has suggested it would consider a proposal put up by Congress.