Third Stimulus Check

President Biden has officially signed the $1.9 trillion dollar Covid-19 relief bill into law. This will be given to Americans as a way to boost our economy once again. Checks are heading to our banks as soon as the weekend of March 14, 2021, some accounts already showing the pending amount of $1400. Official payments are expected March 17, 2021 and may take some time for those to clear at some banks. Americans who do not see it initially will be seeing over the next few weeks. If the IRS has your bank information you should be expecting it direct deposit and those not connected through the IRS will be seeing paper checks or debit cards mailed out to them. Those eligible for the payments include adults, children, and adult dependents such as college students and elderly relatives. This is giving more money to households who were more likely ineligible the first time around who could not receive any of the relief money. The $1400 amount will be given on top of the $600 that was given in early December. Americans have just now tipped the $2000 dollar mark for "relief" since the one year we have been sitting through the Covid-19 pandemic. Beginning March 15, the "Get My Payment" tool will be available on the IRS to assist in locating our covid relief money. Due to the overwhelming use of the IRS too in the past, we should expect some faults. When using the "Get My Payment" there may be some difficulty getting on the tool page and some may no be able to locate the payment as a technical fault but after some time the tool should be able to bounce back. After the yearlong pandemic, many feel that the $2000 dollars that has been given over the last year is not enough to realistically help Americans out. It may assist to stimulate the economy and help businesses open and get employees to work but it is not enough to keep Americans on their feet. With many hopes arising, we hope that we will be seeing more relief when it comes to opening the world and becoming more financially stable. It is said that Biden crossed the easiest bridge first but now that this has been passed many are asking what is next? What is President Biden going to focus on many are stating that minimum wage and immigration could be next. Many are concerned if President Biden will maintain focus on what he originally asked aimed for during his campaign.

What is your thought on this topic? Good, bad, and economic issues.