ALMOST nine million Americans could still be waiting for their stimulus check to arrive, despite more than $267 billion of financial aid having already been distributed.
The IRS has sent about 159 million stimulus payments as of Wednesday, a Treasury Department spokesperson said, but many Americans may still need to take steps to receive their payments.
The Treasury didn't have an estimate on the number of Americans yet to receive aid, but CBS calculated it could be as many as 9 million people.
Another round of stimulus checks has been touted by a new Heroes Act pushed forward by the Democrats.
Checks would come as part of a $3trillion package that was passed in the House last month.
The fourth coronavirus stimulus package is currently making its way through the Senate.
A summary of the HEROES Act funds notes under direct payments that "a second round of more substantial economic impact payments of $1,200 per family member" would be given.
In the first round of checks, single taxpayers that fell under a certain income bracket got $1,200, couples received $2,400, and an additional $500 per child was given amid the coronavirus pandemic.
This means the new wave of checks would see a $700 boost for depends and children.
Families could receive a max of $6,000 per household.
In the first wave of direct payments, no money was given for adults that could be claimed as dependents – including those with disabilities and college students.
The new act would close the loophole.
Other funds as part of the HEROES Act would give $1trillion to local, state, territorial and tribal governments, $200billion in hazard pay to essential workers, and $75 billion for COVID-19 testing, tracing and isolation.
It would also extend unemployment benefits, giving the $600 boost to Americans until January, the summary states.
Currently, the unemployment benefits are set to run out in July.
Unemployment rates in April hit 14.7 percent – the highest they've been since the Great Depression.
More than 40million people have filed jobless claims amid the pandemic.
The Heroes Act was passed in the House, where Democrats hold a majority.
It's expected to get shredded in the Senate, however, where Republicans hold a majority of seats.
Although the bill is backed by many Democrats, some have recently showed favor for other "targeted" relief first.
"I think the next round we’ve got to be more targeted to those who are really in need," Democratic Sen Ben Cardin of Maryland said, as reported by The Hill.
"So I hope we can target this a little bit better to those who have been hit hard because of COVID-19,” he added.
Republicans have favored re-opening the country amid virus lockdowns, as opposed to giving more checks.
President Donald Trump is reportedly planning to meet with advisors regarding the next COVID-19 relief package.
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