4th Stimulus Check : Update on the Fourth Stimulus Check: The Petition for a $2,000 Monthly Payment has 2.4 million signatures.
4th Stimulus Check Passed
On Thursday, a petition seeking monthly stimulus checks hit 2.4 million signatures, placing it just 600,000 signatures shy of its 3 million goal.
When the pandemic prompted the closure of businesses around the country last year, Stephanie Bonin, a Denver restaurant owner, initiated the petition.
Despite states reopening businesses and easing restrictions, individuals continue to sign the petition urging Congress to take further action.
The petition asks Congress to adopt legislation that would provide adults with $2,000 monthly payments and children with $1,000 monthly payments.
It asks lawmakers to extend the payments throughout the “length of the crisis” in order to assist people who have been financially harmed by the pandemic in paying their rent and feeding their families.
If the petition hits its goal of 3 million signatures, it will be one of Change.org’s most popular petitions.
Bonin was honoured in December for starting one of the top ten petitions that altered the world.
Stephanie stated in a statement that “the last three stimulus cheques and supplementary aid like the monthly child tax credit were born out of necessity and have had a tremendous impact.”
“However, economic disparities in our country existed prior to COVID-19, and I don’t want to go backwards just because the pandemic is under control.”
Bonin noted that when the petition reached 2.3 million signatures, it meant that 2.3 million people agreed that “we need to take care of one another for the long haul.”
At least 80 members of Congress are in favour of more direct payments, and others are urging President Joe Biden to impose automatic stabilisers.
Direct payments would be handed out whenever predefined economic conditions were reached if automatic stabilisers were in place.
Payments might be sent out if unemployment reached a given threshold, which is often linked to employment. The payments would immediately stop if employment increased.
Biden is in favour of automatic stabilisers for enhanced unemployment benefits, but he has kept virtually silent on stimulus cheques.
While the White House is open to a plan if Congress proposes one, press secretary Jen Psaki pointed out that the measure is not free.
Additional stimulus checks are a pricey relief tool that is unlikely to gain Republican approval.
Because they wanted more targeted help, the GOP fought the American Rescue Plan, a $1.8 trillion relief plan that passed along party lines in March.
Republicans are likely to be even more averse to any direct aid than they were a few months ago, given the number of states that are easing restrictions and enabling firms to reopen.