4th stimulus check status: $2,000 petition, $1,000 for teachers, $600 payment for Californians
More stimulus relief aid has been approved for this year. Here's what extra money is and isn't on the agenda for the second half of 2021.
Despite signs of a recovering US economy, public support for a fourth stimulus check continues to build, with a petition calling for $2,000 extra per month for adults and $1,000 for children nearing 3 million signatures. Over the next few days, however, Congress has its sights set on aid and is looking to pass President Joe Biden's infrastructure bill before turning its attention to a budget reconciliation package in the second half of 2021.
More money isn't entirely out of the question this year, at least for some. The IRS is still sending out supplemental "plus-up" payments for owed stimulus amounts, and the agency is giving millions of families monthly cash through the expanded child tax credit. There are also $1,000 "thank you" payments going to teachers and other school staff in states such as Texas and Florida. Soon, California will be issuing another round of Golden State Stimulus checks, providing $600 (or up to $1,100) for millions of eligible residents. And Biden has floated the idea of sending $100 to those who are newly vaccinated.
So how could this determine the fate of a fourth stimulus check? We'll explain below. As for other money matters, new rules for the child tax credit give parents the option of receiving the advance monthly checks for extra cash this year or getting one lump sum for up to $3,600 per kid in 2022. Here's how to check on your tax refund if you haven't received it yet and what to know about the unemployment tax break. We continue to update this story.https://www.cnet.com/personal-finance/4th-stimulus-check-status-2000-petition-1000-for-teachers-600-payment-for-californians/