So will there be a fourth wave of stimulus checks?
Biden was urged to support it last month by 21 Senate Democrats, including U.S. Sen. Cory Booker. They want continue automatically until the economy recovers,
“This crisis is far from over, and families deserve certainty that they can put food on the table and keep a roof over their heads,” the senators wrote. “Families should not be at the mercy of constantly-shifting legislative timelines and ad hoc solutions.”
But the president did not propose another round of checks in either of his next two spending plans, one for infrastructure and one for education and child care. So nothing’s on the table right now.
Under then-President Donald Trump, Congress approved an initial round of $1,200 stimulus checks early in the pandemic, and then $600 in December. After Senate Republicans turned down Trump’s call to make the second check $2,000, an extra $1,400 was approved when Democrats took over the White House and the Senate in January.
Biden included a five-year extension of an expanded Child Tax Credit for families and a permanent extension of the expanded Earned Income Tax Credit for low-income workers without children in his $1.8 trillion proposal announced during his speech to a joint session of Congress on Wednesday.
Booker has helped lead the effort to make the Child Tax Credit permanent, which would help 1.6 million children in New Jersey, according to the Center on Budget and Policy Priorities, a progressive research group.
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