Forget a one-time $1,400 stimulus check – this new plan might give you monthly payments

bgrpro65 avril 02, 2021

Earlier this week, a group of Senate Democrats sent a letter to President Biden calling for additional direct stimulus payments to Americans, in a more expansive form of aid than the now three stimulus checks that have come before. Instead of a one-off new stimulus check as part of what would be a fourth wave of coronavirus relief payments to tens of millions of Americans since the start of the COVID-19 pandemic, though, these Senators (as well as a continent of Democratic lawmakers in the House), are pushing for more direct stimulus in the form of recurring payments. In other words, by replacing the one-off stimulus checks that only come after bruising, months-long political battles in Congress with checks that the federal government sends out to Americans with clockwork-like regularity.

Needless to say, the road to that eventuality, if it even comes about at all, will not be a smooth one. To understand why, just consider one particular headline that emerged on Friday: The March 2021 jobs report.