HomeFinance4th Stimulus Check of $2000 APPROVED by Joe Biden, Child Tax Credit...

4th Stimulus Check of $2000 APPROVED by Joe Biden, Child Tax Credit 2021, Golden Payment Tracker

Millions of Americans are looking forward for the fourth stimulus checks, which will greatly aid millions of households to put food on a table. The latest report from an insider suggests that the President of the US has already approved the fourth stimulus checks worth up to $2000. However, the President hasn’t publicly announced that he supports the fourth direct payments.

Lawmakers are also pressuring the Biden administration to sign the $2,000 stimulus check. The Congress hasn’t moved forward the proposals and the potential fourth round of stimulus checks depend upon its decision. Democratic lawmakers even sent a letter to the President claiming the need for at least another round of stimulus checks. Republicans, however, doesn’t support the idea of another checks.

The IRS has already delivered $3,200 checks to all the eligible adult due to the financial crisis caused by the coronavirus pandemic. Such eligible adults received $1,200 through the Coronavirus Aid Relief and Economic Security Act, signed in March 2020 and addition $600 through December relief measure. Joe Biden recently signed the $1.9 trillion American Rescue Plan, which provided the eligible adults with $1,400 checks.

Some families would start receiving money from July 2021

The federal government has already sent 164 million during the third round of stimulus checks. Now, the eligible families can look forward to the new advance payments from July. These families will receiving the payments, thanks to the expansion of the 2021 Child Tax Credit. The IRS announced that the eligible taxpayers who have a home in the US for more than a year and half will receive the advance payments.

These advance payments would be made starting from July 2021 till December 2021. The credit will also include those children who will turn or have turned 17 years old in 2021. Families who have claimed the child tax credit can legally receive up to $3,000 for all the qualifying children aged between 6 and 17 years. This year the tax credit has increased by $1000 as previously it was only $2,000.

The direct payments have aided greatly for those who are struggling financially due to the pandemic. Thanks to the stimulus checks, the economy is improving, and the households are able to pay their bills and rents. However, this isn’t enough as 18 million adults are still going hungry every month in the country. Elsewhere, Republicans are opposing the plan of next stimulus checks claiming that the payments have discouraged people to return to work.

25 COMMENTS

  1. These democrats have completely lost their minds. They’re borrowing all theses $ trillions. People are getting more in unemployment through half of September than they made at their jobs. So inflation is rising, which means a lot of goods are increasing dramatically yet Dopey Joe and Harris do nothing but try to spend monopoly money.

  2. Wish he would says where all this money is coming from. I suppose he will tax the “rich” so they close up and we have less workers.
    How about creating JOBS instead of paying out money we don’t have!

  3. STOP THE CHECKS, JOE. I’m 73 and on a fixed income myself so it’s not like I couldn’t use the money myself. . . .It sounds great that you want to help everybody in need, BUT THE FACT IS . . . you are stopping people from applying for jobs. There ARE SO MANY NOW HIRING SIGNS out there I can’t even believe it. People are making more money being unemployed and I just wonder how long this can go on before the whole economy is shut down. If stores, restaurants and other businesses don’t have help, they will have to close. If they close, then what. Are you going to support America forever. Make us go back to work, please. It was great for a little while to have a time off with assistance, but you have to have a purpose for living. . . And this isn’t it.

  4. What about senior citizens who live on fixed incomes and have many medical bills! Younger people can get out and get jobs! There are plenty available! Old people have no way of getting income! This give out of money to perfectly healthy people, who are able to work and provide for their kids, is insane!
    Help those who cannot help themselves through no fault except for being old! Senior citizens need help more than healthy people with kids who could work if they were not getting so much money from the government and my tax money!

  5. It’s not that people dont want to it the fact that can we. I have no appropriate child care and not getting the help isn’t ok. Give me the appropriate child care that I feel safe with and the hours that I need and maybe I can find the job that I can support my family. I struggle and I’m sick of the struggle but i can’t find safe and appropriate child care and the hours i need for the job and i can go to work. O and let’s not forget 2 with disabilities and have no family to help.

  6. As far as the child care stimulus
    I believe it is a great thing.
    BUT PLEASE DON’T FORGET ABOUT
    US DISABLED SENIORS, AND THE HOMELESS. INCLUDING OUR VETS
    THAT SERVED OUR COUNTRY TO BE PUT ON STREETS. THE SENIORS RENT HAS WENT UP AND THEY HAVE NO CHOICE BUT TO PAY IT.
    MINE WENT FROM 355 TO 498 LEAVING ME 19 DOLLARS TO BUY
    NESSESSITIES THAT MY FOID STAMPS WILL NOT COVER. (TOILET PAPER ,ECT,) BUT REALLY THANKS FOR THE TEMPORARY HELP THAT WAS GIVEN IN FOOD STAMPS.
    NOW CAN WE ALSO HELP OUR FOOD PANTRIES AND PET SHELTERS.
    EVEN THE PEOPLE OF OUR COUNTRY IF THEY JUST BOUGHT ONE CAN OF FOOD FOR PEOPLE
    AND ONE FOR PETS AND DONATED THEM TO SHELTER OR FOOD PANTRY IT WOULD MAKE A WORLD OF DIFFERENCE.
    FOLKS WE HAVE TO TRY TO HELP OUR COUNTRY BE GREAT AGAIN
    AND DO SOMETHING EVEN AS SMALL AS DONATING A 50CENT CAN OF SALE VEGETABLES A MONTH AND MAYBE A CAN OF PET FOOD.

  7. What is wrong with Republicans trying to block the additional $300 week unemployment funds? They should be ashamed of themselves while they reside in their expensive homes and have no money issues. 719 billion billionaires became 1.6 trillion dollars richer during this pandemic. Florida has lowest state unemployment payments of only $275 per week and the minimum wage of $7.25 per hour is a joke. US citizens are dropping dead like flies and from my experience my previous manager had Covid19 and came to work. Employees really do not care about their employees. Its American greed. Very sad. Thank God for president Joe Biden caring for his people.

  8. I’m turning 61 on May 15 I’m not working because no one will hire me I guess because of my age I can’t get unemployment do another round of will help me to pay bills

    • You people need to speak for yourself because y’all don’t know what people need money for I gotten one check yet and I don’t understand why I’m I have been able to work seance 1999 so speak for yourself!

  9. Here I am 70 years old. I’ve worked every day threw this phony virus. Between my retirement and work I make way to much money to receive any checks. Because I work I pay into SS and Medicare and unemployment and local taxes. BUT I also pay for Medicare via with drawing from my SS check. I’ve contributed to SS since I was 12. And Medicare since Johnson passed it. This country has become a bunch of wimps. Sad. Just damn sad

  10. I know people in our church in South Phoenix, AZ who don’t have children but are struggling to feed themselves & their spouse OR even to feed themselves with no spouse!

  11. Don’t forget our senior citizens. They are suffering greatly. Most were already financially strapped. Now it’s so much worse for seniors. The cost of food and necessities have skyrocketed making it very difficult to afford their former pre-Covid lifestyle.

  12. What about seniors on social security/disability raising a grandchild and because they don’t have earned income they can’t file income tax and get the child tax fund.

  13. I live in Billings Montana iam 69 years old and virus is bad there I am not going back to work here but iam on umploment from NorthDakota and they want to have 3 contacts a week to keep my Umploment going I get 327 a week from this pm

  14. What about people on disability. I get less than 12,000 a year to live on. It is not much. People who really need the help can’t getit. Why people don’t want to work because the make more staying at home. I meet someone who has more money now then he was working. He said I have money in the bank that I could not have had if it wasn’t for unemployment and all the money I get for my kids. Here’s I am just try to find out how I am going to make it tell the first. It’s like that every month. So what I mean is where is the help for those who or on disability. We just baily get by. Some don’t even do that. It is hard to live on $954.00 dollars a month. That’s below poverty leave. We are the poor of the poor.

  15. I still have not gotten the $500 for my daughter from the first stimulus plus the $600 for the second stimulus and the $1400 stimulus for the third. I am told by the IRS that I have to file taxes and I will get it . when I am on disability and do not file taxes but they said that it didn’t matter that I would have to file taxes in order to get it.

  16. I think that the stimulus payments are a great idea and revamping the United States and society. People have a better chance at taking care of living costs and taking care of financial and childcare costs. The economic payment stimulus has motivated and regenerated many people back into work- the homeless, the elderly, many parents and children, and those receiving social security. It is not a bad thing that the government is doing this.

  17. HELP THE DISABLED! I MAKE A LITTLE OVER 8,000 A YEAR DUE 2 PTSD! YES!! HELP THE DISABLED AND THE ELDERLY! STOP ENABLING THOSE CAPABLE OF WORKING!!! MANY MAJE MORE IN UNEMPLOYMENT THAN IF THEY ACTUALLY WORKED!!

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