Stimulus Check demands for the fourth round have intensified to a great extent. The demands have now been around for a long time. Look out for money if you have a new guest in 2021. The federal government has sanctioned stimulus checks for newborns. They stated that babies born in the current year will be provided a sum of $1400. However, there are certain things to keep in mind before you apply.
An individual must earn within $75000 to apply for the check. The benefits will not be provided if you earn above the $80000 mark. The upper limit for a couple is $160,000. However, this news has put back the smiles on many faces. The stimulus check will provide them the opportunity to cover the expenses of their baby.
Meanwhile, the government has been asked to provide special checks for senior citizens. Let us find out more about the demand below.
Stimulus Check: Will The Elders Receive Money?
A group of officials feels that the government should especially aid the seniors. The pandemic has wrecked the economy worldwide. It has made life difficult for all the residents throughout the country. The worst affected are, however, the senior citizens. Elderly people are at a high risk of getting infected with covid. Most of them also lack the physicality to earn themselves a living. Under such circumstances, the need for a stimulus check for the elderly seems legitimate.
The Senior Citizens League stated that the seniors are facing stiff challenges in meeting their daily needs. The economy has started to bounce back, which has caused inflation. The resultant rises in prices have made life difficult for seniors. The estimated cost of living adjustment is expected to shoot up to 6%. TSCL is thus, quite rightly seeking a $1400 stimulus check to aid the older population.
