![]() Indeed, almost 3 million people have signed a petition started last year that calls on lawmakers to pass legislation for recurring $2,000 monthly payments. Those checks - which provided up to $300 per eligible child - won't continue in 2022, as the Build Back Better Act, which included a one-year extension of the program, failed to progress due to opposition from Senator Joe Manchin, a Democrat from West Virginia.įor many people, in short, stimulus aid is long gone, an issue that is on the minds of many Americans who continue to struggle with joblessness and a weak labor market. ![]() More than one-quarter of Americans struggled to pay their household expenses in the previous week, according to new data from a Census survey that polled people during the first two weeks of December.Īt the same time, fiscal support for more than 30 million American families ended last month, with the final payment from the Child Tax Credit landing in bank accounts on December 15. So far, the federal response to the economic crisis caused by the coronavirus pandemic has paid out $3,200 to eligible adults: $1,200 under the Coronavirus Aid Relief and Economic Security Act in March 2020 $600 in a December relief measure and $1,400 under the American Rescue Plan, signed in March by President Joe Biden.ĭespite that financial assistance, millions of Americans remain in financial distress, and the spread of the Omicron variant is creating new economic headwinds. But some advocates and lawmakers are pushing for a fourth round of stimulus aid that would effectively send recurring payments until the pandemic ends. ![]() The IRS issued more than 169 million payments in the third round of direct stimulus aid, with the $1,400 checks reaching most American households. Millions of Americans officially lose pandemic unemployment aid 05:49
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