Should fewer Americans get a third stimulus check? By Aimee Picchi Should fewer Americans get a stimulus check?
As Congress debates issuing a third round of federal stimulus checks to millions of Americans, economists are trying to assess just how effective such payments are in helping nurse the economy through the coronavirus pandemic. The results have been mixed, new research finds.
While helping keep some families afloat, households earning more than $78,000 have largely socked away the $600 check the U.S. started sending out in December, according to a study from the Opportunity Insights Economic Tracker, a nonprofit research group led by Harvard economics professor Raj Chetty. By contrast, families below that income tend to quickly spend the money.
Should fewer Americans get a $1,400 stimulus check?
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Seven New Mexico counties reach the Yellow tier under the state s Covid-19 restrictions
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