If you’re a homeowner and haven't refinanced your mortgage in the last year, you could be leaving money on the table. A lower-interest debt consolidation loan can help you slash your interest costs and pay off your debts faster. Credit cards are great if you can pay them off quickly, but high-interest debt from your plastic can take a monstrous bite out of your finances over time. But one thing that's certain is that you have options if you need an extra $2,000 immediately to help make ends meet.ĭominate your debt. Where to find financial relief right nowįor now, no one knows whether or if a fourth stimulus check will arrive. The third payments received zero support from Republicans and even faced resistance from moderate Democrats. Getting a fourth round of stimulus checks through both houses of Congress - particularly a tied Senate, where one lost Democratic vote means the end of the road - would not be easy. Democrats who want additional checks say they should be added to Biden's "families plan" - but that would further increase the cost of that $1.8 trillion package, possibly by hundreds of billions. Right now, Congress is trying to make headway on Biden's proposals to fund infrastructure projects and help families. "He’s happy to hear from a range of ideas on what would be most effective and what’s most important to the economy moving forward," Psaki said, while adding that Biden has already proposed the things he believes will be "most effective for the short term." "The president is certainly open to a range of ideas," press secretary Jen Psaki said on Thursday, in response to a question about the dozens of lawmakers who want Biden to throw his support behind a fourth check. But his spokeswoman just indicated that Biden isn't ruling out another stimulus check. President Biden hasn't responded directly to the pleas for at least one more direct payment. Friday's jobs report from the government showed 9.3 million people are unemployed, far more than the 5.8 million who were out of work in February 2020, before the pandemic struck.Īnd, a new study from the University of California, Berkeley finds almost 6 million renters owe close to $20 billion in back rent - with a national moratorium on evictions set to expire June 30. Though the economy is recovering, there are signs many Americans still need help. But other members of the House and the Senate have called for $2,000 checks, and so does a petition now signed by 2.3 million citizens. The lawmakers don't recommend a specific dollar amount for the new payments. In their letter to Biden, the Ways and Means members said a fourth stimulus check and a fifth would keep an additional 12 million people out of poverty. Seven members of the House Ways and Means Committee - a congressional panel with significant influence over government spending - recently became the latest to join the cause. More than 80 mostly Democratic members of Congress have signed letters urging President Joe Biden to approve a fourth stimulus check. Here's the latest on whether you're likely to see more relief, to help you cover your bills and pay down debt. It's now been almost three months since the IRS started paying out the government's third round of COVID stimulus checks, for up to $1,400, and in many households that money is long gone. Those include remarks from his press secretary that President Joe Biden could go along with a fourth check, and new evidence of how stimulus checks are making a difference. Scores of lawmakers have been arguing for another relief payment, and they're likely to push harder by capitalizing on fresh developments. The pandemic's fourth stimulus check has so far been nothing more than talk, but it may move closer to becoming a real thing this week as Congress returns to work after its Memorial Day recess and following some potentially encouraging comments from the Biden White House. A fourth stimulus check? The White House now says Biden could be OK with that
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