Stimulus checks are one of the biggest financial support that was being given to Americans.
It is highly unlikely that the new administration will pass a stimulus package with no checks before the first quarter of 2022, if at all. The economy is growing. Unemployment has reached its lowest level since 1969, and consumer spending has been increasing at levels not seen in five years.
The stimulus check was a one-time deal that helped boost the economy and put money back into the pockets of millions of Americans who were struggling during those dark times.. If you missed out on it then, don’t expect another opportunity anytime soon!
Stimulus Check Details For Your Child
If you were hoping for another stimulus check in 2022, it might be time to put those hopes aside. According to Marca, it is highly unlikely that the new administration will pass a stimulus package with no checks before the first quarter of 2022—if at all.
The House passed a bill providing for a second stimulus check of up to $1,200 on Wednesday and then sent it to President Biden’s desk. But even if he signs off on it (which he almost certainly won’t), there’s still no guarantee Congress can agree on how much money should be spent and where exactly those funds will go.
While we are on the topic of stimulus checks, we should mention that there is a chance that we will receive another $1,200 in 2022. However, this would most likely only happen if the economy was still struggling at that time and Congress decided to pass another stimulus bill. As always, keep watching the news for more updates on these issues!
