More Americans Want Further Stimulus Checks Next Year

Although the COVID-19 pandemic started in early 2020, its effects and the subsequent rise in inflation rates are still having an impact on Americans today. 

In April 2020, the government began giving eligible tax-paying individuals stimulus payments of up to $1,200. The second batch of payments of up to $600 was sent between December 2020 and January 2021. 

Almost immediately following the second wave of stimulus payments, President Biden came into office and introduced his American Rescue Plan that paid qualified taxpayers a check of up to $1,400.

Favorable Additional Aid

Even though debates over a fourth stimulus check have subsided in Congress, Americans are still in favor of additional aid.

In 2023, 62% of Americans support receiving additional stimulus or inflation relief checks, according to a new GOBankingRates poll.

62% Of Americans Hope Some Gov’t-Issued Financial Assistance

Sixty-two percent of Americans are looking for some government-issued financial support over the new year, according to GOBankingRates’ study.

While the majority of the people are in support of this relief, 16% of respondents are indecisive on the matter, and 22% are not in favor of further stimulus or inflation relief checks. 

Adults under the age of 54 support government relief check more than Americans over the age of 54, according to the age breakdown. Sixty percent of respondents between the ages of 18 and 24 as well as sixty-nine percent of respondents between the ages of twenty-five and thirty-four, seventy percent of respondents between the ages of thirty-five and forty-four, and sixty percent of respondents between the ages of forty-five and

Americans over the age of 54, on the other hand, are less in favor of relief checks. 40% of adults over 65 and a third of those aged 55 to 64 also agreed with this statement. Seniors are also the age group that is most hesitant on this issue, with 22% of Americans 65 and older not sure how they feel about greater stimulus.

Look at federal and state help trends in 2022 and the chance that Americans will receive relief checks in 2023, with the majority of Americans favoring some financial support as we enter the new year.