Fourth Stimulus Check – Here’s How to Track Down Your $600 Payment This Week

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In the third round of direct stimulus aid, the IRS has issued more than 169 million payments, with more than 2 million people receiving $1,400 checks in July. However, some politicians are pressing for a fourth wave of stimulus funding, which would be delivered in instalments until the pandemic is over.

As of now, the government response to the financial crisis because of coronavirus pandemic has paid out $3,200 to eligible adults: $1,200 in March 2020 under the Coronavirus Aid Relief and Economic Security Act; $600 in December relief; and $1,400 in March under President Joe Biden’s American Rescue Plan.

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Millions of Americans are still struggling financially, and the Delta variant’s spread is causing fresh economic challenges. According to new Census survey data collected over the final two weeks of August, nearly one-quarter of Americans struggled to pay their household costs in the preceding week.

The unemployment rate is now 5.2 percent, which is still higher than the 3.5 percent pre-pandemic level. Despite the fact that businesses are recruiting, there are still 5.3 million fewer individuals on payrolls now than there were before the epidemic.

Simultaneously, 9.1 million Americans lost enhanced unemployment benefits when the federal payments ended on Labor Day.

Read More: California Stimulus Updates: Next Checks Coming on October 31

In the meanwhile, several states are enacting their own stimulus checks. Governor Gavin Newsom’s latest initiative is expected to qualify about two-thirds of California citizens for a “Golden State Stimulus” payment. Low- and middle-income residents who have submitted their 2020 tax forms will get $600 as a result of this endeavor. To assist counterbalance the burden of the epidemic, Florida and parts of Texas have allowed incentives for teachers.

The next anticipated batch will involve around 1.15 million GSS II payments – about 400,000 direct deposits and about 750,000 postal cheques,” said Andrew LePage of the CFTB.

The most recent batch of GSS II stimulus checks will range from $600 to $1,100 in value. To be eligible for pandemic payments under GSS II, an individual must be a California resident with an annual income of less than $75,000.

An anticipated 4.5 million people in California are scheduled to receive stimulus money by the end of the program in 2021, with the CFTB issuing nine million payments.

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