Stimulus Check announcement comes as a boon to the Americans. A huge chunk of the citizens has benefited from the much-needed financial backup. Common people, businessmen, and many others have already claimed their benefits.
A recent rumor gained momentum. Citizens were made to believe that a $7000 check is on their way. Tentative dates were also announced for the receipt of the money. The speculated money was expected to be rolled out soon. It would have been a direct payment to the bank accounts of the citizens.
All such claims have been turned down. There is no confirmed news of any more checks. The news about the $7000 payment turns out to be fake. However, there is a reason for the rumor. The third Stimulus check sent out by the IRS provides $1400. Families having children were also entitled to receive a tax credit. Households having up to 3 kids would have received a sum close to $7000.
Stimulus Check Fading Out Soon
The petitions and the letters all seem to go to waste. The federal government did not seem to be keen on further payments. The Democrats sent a letter to the President. Two more petitions were signed. The petitions asked for the provision of $2000 & $1200 payments for all the Americans. These payments were supposed to be delivered every month. Any individual who was a lawful resident of America was entitled to receiving this money.
The federal government did not show interest in providing any kore funding. Various states of the country have announced their kind of monetary assistance. California was the first state to announce the news. Gavin Newsom assured a $500 payment to all the residents. The number would increase depending on the criteria.
