It's time to stop worrying about whether congressional leaders will ever get on the same page when it comes to the issuance of a new stimulus check, in what would be a fourth wave of coronavirus relief payments. Because the fact of the matter is, whether they're called that or not, it's looking increasingly like millions of Americans will be getting new direct payments because of the pandemic soon.
Take, for example, the fact that millions of families are going to start getting monthly stimulus checks from the IRS beginning in July as part of the expanded federal child tax credit made possible by the $1.9 trillion stimulus legislation President Biden signed in March. It will give families with children up to age 17 an annual benefit of $3,000 (split into monthly checks) for each child between 6 and 17, and $3,600 for each child under the age of 6. New payments will also be forthcoming soon thanks to a pot of money also made possible by the stimulus legislation -- and which has received pretty scant media coverage.
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Millions of Americans are about to get a new stimulus check originally appeared on BGR.com on Wed, 12 May 2021 at 13:39:47 EDT. Please see our terms for use of feeds.
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