In 2022, recipients of social security benefits may receive an additional $1,400 check. There was the last wave of social security checks to be distributed.
As a result, Americans can look forward to receiving their first social security check in March 2022. They even applied for a fourth stimulus check because they are on a fixed income.
Calls to Congress stating that a new round of stimulus cheques would assist citizens in improving their financial situation are being made.
According to Republic Monitor reporting, the Senior Citizens League, a nonpartisan advocacy group, lobbied Congress to offer $1,400 in social security stimulus payments.
They started a campaign to raise awareness about the need for a fourth stimulus check to cover 2022 expenses.
As stated in the letter to the government, an increase in COLA, the 2022 Cost Of Living Adjustments, was insufficient after inflation.
However, the COLA has alleviated social tensions among senior citizens, while food costs will rise by 5.9%.
Furthermore, according to the Sun, the increase aided inflation. It also restricted the families’ ability to spend their money on numerous items.
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While American households were hoping for good news on Fourth Check Payments Day, the payment may not be announced this year. As a result, a petition on change.org has almost 3 million signatures.
The petition aims to persuade the government to give adults a $2,000 check and children a $1,000 payout.
If the pandemic continues, Americans are looking forward to receiving their social security benefits. Payments, however, will not be made as reported.
It’s because the president of the United States, Joe Biden, introduced the Build Back Better measure, which has yet to pass in 2022. It also attempts to assist senior persons rather than sending stimulus checks.