President Joe Biden has outlined his plan to make all adult Americans eligible for vaccination by May 1 - and he raised the prospect of beginning to gain what he called "independence from this virus" by the Fourth of July.
As President Joe Biden is set to sign the COVID relief bill containing a third stimulus check into law, speculation of a possible fourth stimulus check is circulating.
President Joe Biden has signed a sweeping pandemic relief package over Republican opposition that provides direct payments of up to $1,400, extends emergency unemployment benefits and boosts spending for COVID-19 vaccines.
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We re inching closer to a third stimulus check. After some unexpected delays, Congress finally passed the bill containing President Biden s $1.9 trillion stimulus package on Wednesday afternoon. The bill will now be sent to the White House, where President Biden is expected to sign the legislation on Friday.
However, the stimulus check plan in the original version of the bill is different than what s found in the final bill. While in the Senate, a more aggressive stimulus check phase-out (i.e., reduction) rate was added. The new rate made the stimulus check provisions more targeted to people who need assistance the most. As a result, according to the Institute on Taxation and Economic Policy, nearly 12 million American adults who would have received a partial third stimulus check under the original bill won t get any payment under the final bill.