4th or 5th stimulus checks would lift 12 million people out of poverty

A report found that past stimulus checks played a critical role in keeping millions of struggling Americans out of poverty.

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A new report from the Economic Security Project has shown that previous stimulus checks have saved millions of Americans from poverty.

4th or 5th stimulus checks would lift 12 million people out of poverty 45

According to the report, the $1,400 stimulus check that was a part of the American Rescue Plan saved more than 11 million Americans from entering poverty. The report also states that if a fourth or fifth stimulus check were issued, it would save a further 12 million more Americans from poverty. "Cash has been a lifeline for Americans during this crisis and will continue to be as long as the crisis continues," the report explains

Additionally, the report goes on to state that policymakers need to prioritize policies that target the people who have been affected by the COVID-19 pandemic the most - "low-income households and households of color who the data show are still struggling to get back to baseline". The three payments that have been issued over the one year of the pandemic have shown that stimulus payments being given to people who need it most shortened the recession and stimulated the economy.

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NEWS SOURCES:, businessinsider.com.au

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.

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