Fourth Stimulus Check Update: $2000 Online Petitions Gain Steam, $500 Payments In Chicago Approved

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The total number of signatures on the fourth stimulus check online petitions has finally surpassed 4 million. Many Americans are waiting for the White House and Congress to respond to this development. Chicago committed to deliver $500 monthly payments to 5,000 low-income households in addition to the stimulus funds.

Several studies have shown that stimulus payments are an effective way to combat poverty. This is due to the money being spent on basics such as food, medication, and rent. It boosted the well-being of those who received it by reducing anxiety and sadness. It also helped to minimize unemployment by giving quick cash assistance.

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$2000 Online Petition Gain Stream

Because the federal government has given no indication that a fourth stimulus check will be forthcoming, several Americans have started an online petition to request one.

Stephanie Bonin, a Denver restaurant owner, started the most popular online petition, which has already received 2,953,018 signatures out of a total of 3 million as of this writing. Bonin offers $2,000 regular checks for the duration of the epidemic, highlighting the need of consistent and recurrent contributions to aid Americans in need.

Besides from Bonin’s petition, Yahoo! Finance sources claim that three other petitions have amassed a total of one million signatures. This brings the total number of Americans requesting a fourth stimulus payment to 4 million. Unfortunately, neither the White House nor Congress have responded to these requests.

Read More: Deadline Arrives To Apply For LA’s Basic Guaranteed Income Program

Chicago Monthly Payment $500

Some government bodies, in addition to internet petitions, have approved basic income experiments in their particular localities. The municipal council of Chicago has adopted one of the largest basic income schemes in US history. The city will provide $500 monthly payments to 5,000 low-income households that are qualified for the program for a year.

Hundreds of thousands of people in Chicago lost their employment as a result of the outbreak. Approximately 18% of the local population fell below the poverty limit set by the federal government. Furthermore, please remember that the program has eligibility requirements. These are, according to WTTW:

  • A Chicago citizen who is enrolled in City Colleges or has a dependent who is either (a) enrolled in Chicago Public Schools or (b) not yet of the minimum age to attend Chicago Public Schools.
  • The COVID-19 has had a negative influence, particularly on financial difficulties.
  • Not employed by the City of Chicago or the State of Illinois, nor are they elected politicians.
  • Must earn less than $35,000 per year and be at or below 300 percent of the federal poverty level.

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