Here's how the money from a fourth stimulus check could arrive

Lawmakers are discussing whether a fourth stimulus check is needed for struggling Americans, and here's how it could arrive to you.

@Jak_ConnorTT
Published Fri, Apr 30 2021 8:36 AM CDT

Millions of Americans are currently struggling financially because of the COVID-19 pandemic, and while there have previously been stimulus payments rolled out, a fourth one may not be entirely out of the question.

Here's how the money from a fourth stimulus check could arrive 43 | TweakTown.com

The Biden administration is currently piecing together a new stimulus package that may include another round of relief payments directed at Americans that the COVID-19 pandemic has hit the hardest. Back on March 31st, nearly two dozen Democratic lawmakers wrote a letter to President Biden requesting implementing recurring payments in the next stimulus package.

Democratic lawmakers are requesting recurring direct payments to Americans because evidence shows that direct payments played a pivotal role in keeping millions of Americans out of poverty. A new report from CNET has speculated the different ways a fourth stimulus check could be rolled out to Americans. The four possibilities are as follows; recurring stimulus payments, minimum wage hike, make the child tax credit raise permanent, or renew federal unemployment payments beyond September.

Breakdown:

  • Recurring stimulus payments: This is the method being touted by Democratic senators, who have urged Biden to send out recurring stimulus checks during the pandemic.
  • Minimum wage hike: Some lawmakers want to increase the federal minimum wage, which is currently $7.25 per hour. Most suggestions are to raise it to either $15 an hour or $11 an hour.
  • Make the child tax credit raise permanent: Funds from the expanded child tax credit are set to begin in July in the form of periodic payments to lower-income and middle-income families with children. White House press secretary Jen Psaki has said Biden wants to make the credit permanent.
  • Renew federal unemployment payments beyond September: In their letter to Biden, 10 senators requested that the president extend federal unemployment assistance beyond its September expiration date.

For more information on this story, check out this link here.

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Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest news. Jak's love for 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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