As a nation, we’re still recovering from the last recession. However, thanks to President Joe Biden, things might start looking up soon. The Senate will be voting on a new stimulus package that would provide $1,400 in checks to millions of Americans across the country.
While it is not yet known how many people will be eligible for these payments—they are intended to cover what was left out of the $600 checks sent out late last year—Treasury Secretary Janet Yellen stated that “we don’t want any American to go hungry or homeless” while explaining why this quick action was necessary.
There has been some debate over how much money should be included in this package; however, Democrats have managed to push it through into a vote without too much conflict so far! Now we just wait and see if enough Republicans will agree with this measure as well.
Stimulus Check: Hopes Raised
The stimulus package would provide $1,400 in checks to millions of Americans across the country. While it is not yet known how many people will be eligible for these payments, they are intended to cover what was left out of the $600 checks sent out late last year.
While it remains to be seen whether President Trump will sign off on this plan, it’s clear that something needs to be done about the stagnant economy and unemployment rates that remain above average compared with other developed countries.
Many economists agree that a renewed push toward infrastructure development would be beneficial for all parties involved: increasing employment opportunities across industries while also providing an opportunity for companies that specialize in building roads and bridges—two areas where America has fallen behind its international competitors over recent decades.
By making these investments now, we can ensure a stronger economic future for ourselves as well as our children and grandchildren who will inherit this planet once we’re gone.”
The stimulus package is a good idea and will help people who are struggling financially. It will also stimulate the economy, but there has been some debate over how much money should be included in this package.
However, President Joe Biden says that he hopes enough lawmakers will agree with him on this issue so they can pass it through Congress and get it signed into law before February ends.
