- This year, there haven’t been many attempts to provide additional financial relief, leaving Americans repeatedly disappointed as they hoped for a fourth stimulus check from the federal government. But, there are some lawmakers who are still advocating for additional direct payments into the bank accounts of at least some Americans.
In reality, on December 6, 2022, Congressman Adam Schiff (D-Calif.) said that he had sent a letter to the two Democrats who now occupy the seats of House Speaker Nancy Pelosi and House Majority Leader Steny Hoyer.
In the letter, Schiff encouraged his colleagues to take steps to move forward with legislation that would deliver thousands of dollars in additional stimulus cash to individual Americans.
Additional Stimulus Money for Parents
The American Rescue Plan Act is the most recent law that provides stimulus payments for COVID-19 related financial losses. The Act granted $1,400 payments to most people and dependents, and also an increased Kid Tax Credit that paid up to $3,600 per child.
Congressman Schiff is urging Democratic lawmakers to propose this expanded Child Tax Credit once more. The American Rescue Plan Act’s tax credit expansion was set to expire at the end of December 2021, but Schiff thinks it should be extended indefinitely.
According to Schiff, the credit lifted millions of children out of poverty and helped more than 60 million families overall by increasing the amount of money that was deposited into their bank accounts. He added that there was evidence that the economy had benefited from the increased credit.
In view of its benefits, Schiff is encouraging Democratic legislators to go through with re-authorizing the credit before the new Congress is ushered in this coming January and Republicans assume control of the House of Representatives.
Efforts To Provide Another Stimulus Check
Schiff is not the only legislator on the left who has frequently stated support for the continuance of the enhanced Child Tax Credit. One of the Biden administration’s top priorities has been this credit. If the federal government provides any further financial relief, this is most likely the form it will take.
It remains unclear if the expansion of this credit could get the majority support needed to pass. But, if more congressman and senators join forces with Schiff to encourage action, the odds will only rise of parents obtaining the additional aid they so sorely need.