Courtesy of fbi.gov
Courtesy of fbi.gov

Nearly two dozen Democratic lawmakers are pushing for a fourth round of stimulus aid, but one that would provide recurring payments through the coronavirus pandemic.
The 21 lawmakers signed a letter dated March 30 to President Biden in support of recurring stimulus payments, stressing that the $1,400 checks being distributed by the IRS in the last round of aid was insufficient for those struggling to stay afloat, CBS News reported.
However, now that the American Rescue Plan has so far delivered a total of $3,200 to each eligible adult, millions of Americans remain in financial distress, with about four in 10 people saying their income since 2020 remains below its pre-pandemic levels, according to a survey from financial services firm TransUnion.
In addition, with more than one in four households unable to pay for basics like rent or food in at least one of three years from 2014 to 2016, about 4 in 10 people said their income since 2020 remains below its pre-pandemic level, according to a new analysis of data from the Center on Budget and Policy Priorities.
Data from a mid-June U.S. Census survey found that there are still nearly 7 million fewer people on payrolls, even as businesses attempt to fill vacancies. About a quarter of Americans still struggle to pay their household expenses, the survey found.

WI Guest Author

This correspondent is a guest contributor to The Washington Informer.

Leave a comment

Your email address will not be published.