Stimulus Check demands have been growing for a significant amount of time. The local citizens have pushed hard for yet another financial assistance. The previously provided stimulus payments aided significantly to the citizens. The checks were announced at the time of acute economic distress.
America was being plagued by waves of coronavirus. The entire country was shut down. People lost their jobs and found it difficult to manage the household. Checks offered by the federal government provided the much-needed respite. The citizens were able to worry less and focus more on productivity.
The government structured three checks at the time of the pandemic. The payments rolled out were $1200, $600 & $1400. This money did provide initial assistance. However, it failed to sustain the household in the long run. People in America are suffering from unemployment.
Vociferous calls for the fourth round of stimulus checks have gained momentum. The citizens are desperate for more financial assistance. They are doing everything in their power to persuade the government. At one point in time, the push for the fourth round had a political backup.
Unfortunately, the political support seemed to fade away. Despite huge demand, there is no possibility of new checks. Let us look at some of the stimulus checks available in December.
Stimulus Check News: Child Tax Credit To Reach Beneficiaries Soon
With the possibilities of a new Stimulus Check faint, there is not much good news. The only checks coming in the month of December are the Child Tax Credit. This will be the last installment of the program for the year. Eligible families will be getting $300 for kids below seven years. For children under eighteen, the amount will be $250.
There has been a huge push for the extension of childcare stimulus checks. It remains to be seen whether the claims become a reality or not.