While earlier waves of the virus were linked to another round of stimulus checks, there will be no such thing this time. With important elections approaching, the administration must find a method to address one of the public’s biggest concerns: inflation and additional stimulus checks are not the answer.
Americans can work in a safe environment now
According to en.as.com, the main reason why there will be no fourth stimulus check is that top-level politicians do not want it to happen. The Biden administration has been silent on the subject for some time since the president’s hopes are placed on the passage of his Build Back Better legislation. This offers much help for families affected by covid-19, but it’s still no closer to becoming law than its proposal in March 2021.
President Biden is beset by a slew of policy failures as well as the most remarkable inflation rate in years. Yet, despite the raw covid-19 levels appearing to be horrible, vaccines and built-up immunity have left Americans in a safe enough state to work, which is what it boils down to.
Biden’s disapproval
Some legislators support the concept of putting extra money into the checking accounts of those who are struggling right now. For example, on March 30, 21 Democratic senators signed a letter requesting President Joe Biden to commit to recurrent payments.
So, it appears that there is a growing demand for financial assistance, at least for a fraction of those affected by the pandemic. As a result, it’s a scenario worth keeping an eye on. Despite these pressures, Biden has been hesitant to approve another round of payments, and it appears that it will not consider such a step in the foreseeable future, pennlive.com reported.
Read More About:
“Significant Initiatives” to Expedite Tax Refunds This Year, Says IRS