When is the next stimulus check coming
Now that Congress has refocused its attention on the next batch of stimulus checks, the issue becomes, “When will we get one?”
So, where have those third stimulus checks disappeared to?
They’re back on schedule now that the impeachment process is over, with approval expected the first week of March, just in time for prolonged jobless benefits to run out once more.
President Biden is announcing his idea for a second stimulus package to take up where the first 600 stimulus cheques left off in January of this year.
According to Kiplinger personal finance, he now appears to have enough support in Congress to push through the widely anticipated 1400 stimulus checks, which would bring the total amount of stimulus checks distributed this year to over two thousand dollars.
Moreover, according to Kiplinger, the new Congress is likely to increase the amount of money allocated to children and finally close the college student loophole, resulting in the first time distribution of funds to 17 to 21-year-olds. However, the report states that the phase-out cutoff point may be reduced.
Because Congress is currently on recess following the impeachment trial, members are expected to make the stimulus checks their top priority when they return in a week. Don’t let your money go to waste. You could receive less money starting at just fifty thousand dollars in income this time instead of seventy-five.
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