Which States Are Giving Out a 4th Stimulus Check?
In the wake of the third round of COVID-19 checks hitting mailboxes, rumors began to surface about a fourth payment. While the federal government isn’t distributing any more rounds of direct payments, many states have their own types of economic recovery programs that can help residents save money on food, utilities and other essentials.More info :stimuluschecker.org
The state-level stimulus payments are known as “emergency cash grants” and are funded by the state’s own budget. They’re designed to support families during a time of crisis. While these grants aren’t as large as the first three rounds of direct payments, they’re still an effective way to reduce the financial burden on households and help people cope with the effects of the COVID-19 pandemic.
What’s in Store: Exploring the Potential for a 4th Stimulus Payment
It’s worth noting that there’s no guarantee that anyone will receive a fourth emergency grant. In fact, it’s unlikely that the government will distribute any more of these payments, especially since the upcoming 2022 tax filing season could be more hectic than usual.
Nevertheless, lawmakers are calling for President Biden to consider recurring direct payments and automatic unemployment insurance extensions as part of his Build Back Better plan. And these requests may get more traction this year since the final payments from the third round of economic impact payments are just starting to hit mailboxes. Those are also called plus-up payments and are automatically sent to individuals who missed out on the first two rounds of payments, which were based on 2019 tax filings.