Politic Sphere
No Result
View All Result
  • Login
  • Politic Sphere
  • World
    Kamikaze Attacks: A Deep Dive into the War Crime Debate

    Kamikaze Attacks: A Deep Dive into the War Crime Debate

    Half of Gen Z Willing to Take Short-term Hits for a Long-term Sustainable Gain

    Half of Gen Z Willing to Take Short-term Hits for a Long-term Sustainable Gain

    WHO Issues Alarm Over Marburg Virus Outbreak in Ghana

    WHO Issues Alarm Over Marburg Virus Outbreak in Ghana

    BRICS Summit: Ukrainian Elephant in the room

    BRICS Summit: Ukrainian Elephant in the room

  • Opinion
    How Alpha Males Walk

    How Alpha Males Walk

    Are Alpha Males Controlling?

    Are Alpha Males Controlling?

    Do Alpha Males Cry?

    Do Alpha Males Cry?

    Do Alpha Males Apologize?

    Do Alpha Males Apologize?

  • Economy
    The Influence of an Ageing Population on the UK Economy

    The Influence of an Ageing Population on the UK Economy

    Types of Money in Economics: A Comprehensive Exploration

    Types of Money in Economics: A Comprehensive Exploration

    Breaking Chains: The End of the Gold Standard in 1971

    Breaking Chains: The End of the Gold Standard in 1971

    Unravelling the Link: Does Oil Truly Back the U.S. Dollar?

    Exploring Money: A Comprehensive Guide

  • Business
    Half of Gen Z Willing to Take Short-term Hits for a Long-term Sustainable Gain

    Half of Gen Z Willing to Take Short-term Hits for a Long-term Sustainable Gain

    How Trade Wars are affecting U.S. businesses in China

    How Trade Wars are affecting U.S. businesses in China

    Airbus vs. Boeing Trade War

    Airbus vs. Boeing Trade War

    Best Business During War

    Best Business During War

  • Culture
    Exploring the Distinctions: Race, Ethnicity, and Nationality

    Exploring the Distinctions: Race, Ethnicity, and Nationality

    Difference between Ethnic Groups and Tribes.

    Difference between Ethnic Groups and Tribes.

    Universalizing Religions vs. Ethnic Religions

    Universalizing Religions vs. Ethnic Religions

    Stonehenge: The 4,500-Year-Old Monument in Need of Restoration

    Stonehenge: The 4,500-Year-Old Monument in Need of Restoration

  • Politics
    • All
    • Legal
    Catalonia protest for independence in 2018

    Dissecting Division: Secession vs. Sedition in the Modern World

    Exploring the Boundaries: Is Harassment Free Speech?

    Exploring the Boundaries: Is Harassment Free Speech?

    The Thin Line: War Heroes and Criminals – A Comparative Analysis

    The Thin Line: War Heroes and Criminals – A Comparative Analysis

    Why Hiroshima Isn’t Labeled a War Crime

    Why Hiroshima Isn’t Labeled a War Crime

    The Ethical and Legal Implications: Is Shooting Someone with a .50 Cal a War Crime?

    The Ethical and Legal Implications: Is Shooting Someone with a .50 Cal a War Crime?

    Is It a War Crime to Shoot a Retreating Soldier? A Comprehensive Analysis

    Is It a War Crime to Shoot a Retreating Soldier? A Comprehensive Analysis

    Trending Tags

    • Lifestyle
      • All
      • Health
      • Tech
      • Travel
      Ageing World: Unraveling the Most Ageing Population in the UK

      Ageing World: Unraveling the Most Ageing Population in the UK

      Embracing Youthful Growth: Understanding the Opposite of Ageing Population

      Embracing Youthful Growth: Understanding the Opposite of Ageing Population

      The Ageing Population: Exploring the Benefits and Drawbacks of Longer Lives

      The Ageing Population: Exploring the Benefits and Drawbacks of Longer Lives

      Unlocking the Cryptocurrency Network’s Verification Process: How Transactions Are Verified

      Unlocking the Cryptocurrency Network’s Verification Process: How Transactions Are Verified

      The Intersection of Healthcare Policy and Public Health

      The Intersection of Healthcare Policy and Public Health

      Aging Reversed: Scientists Make Breakthrough in Understanding How to Turn Back the Clock

      Aging Reversed: Scientists Make Breakthrough in Understanding How to Turn Back the Clock

      Trending Tags

      • business
      • lifestyle
      • society
      • news
      • Tech
      • Health
      • Travel
    PRICING
    SUBSCRIBE
    • Politic Sphere
    • World
      Kamikaze Attacks: A Deep Dive into the War Crime Debate

      Kamikaze Attacks: A Deep Dive into the War Crime Debate

      Half of Gen Z Willing to Take Short-term Hits for a Long-term Sustainable Gain

      Half of Gen Z Willing to Take Short-term Hits for a Long-term Sustainable Gain

      WHO Issues Alarm Over Marburg Virus Outbreak in Ghana

      WHO Issues Alarm Over Marburg Virus Outbreak in Ghana

      BRICS Summit: Ukrainian Elephant in the room

      BRICS Summit: Ukrainian Elephant in the room

    • Opinion
      How Alpha Males Walk

      How Alpha Males Walk

      Are Alpha Males Controlling?

      Are Alpha Males Controlling?

      Do Alpha Males Cry?

      Do Alpha Males Cry?

      Do Alpha Males Apologize?

      Do Alpha Males Apologize?

    • Economy
      The Influence of an Ageing Population on the UK Economy

      The Influence of an Ageing Population on the UK Economy

      Types of Money in Economics: A Comprehensive Exploration

      Types of Money in Economics: A Comprehensive Exploration

      Breaking Chains: The End of the Gold Standard in 1971

      Breaking Chains: The End of the Gold Standard in 1971

      Unravelling the Link: Does Oil Truly Back the U.S. Dollar?

      Exploring Money: A Comprehensive Guide

    • Business
      Half of Gen Z Willing to Take Short-term Hits for a Long-term Sustainable Gain

      Half of Gen Z Willing to Take Short-term Hits for a Long-term Sustainable Gain

      How Trade Wars are affecting U.S. businesses in China

      How Trade Wars are affecting U.S. businesses in China

      Airbus vs. Boeing Trade War

      Airbus vs. Boeing Trade War

      Best Business During War

      Best Business During War

    • Culture
      Exploring the Distinctions: Race, Ethnicity, and Nationality

      Exploring the Distinctions: Race, Ethnicity, and Nationality

      Difference between Ethnic Groups and Tribes.

      Difference between Ethnic Groups and Tribes.

      Universalizing Religions vs. Ethnic Religions

      Universalizing Religions vs. Ethnic Religions

      Stonehenge: The 4,500-Year-Old Monument in Need of Restoration

      Stonehenge: The 4,500-Year-Old Monument in Need of Restoration

    • Politics
      • All
      • Legal
      Catalonia protest for independence in 2018

      Dissecting Division: Secession vs. Sedition in the Modern World

      Exploring the Boundaries: Is Harassment Free Speech?

      Exploring the Boundaries: Is Harassment Free Speech?

      The Thin Line: War Heroes and Criminals – A Comparative Analysis

      The Thin Line: War Heroes and Criminals – A Comparative Analysis

      Why Hiroshima Isn’t Labeled a War Crime

      Why Hiroshima Isn’t Labeled a War Crime

      The Ethical and Legal Implications: Is Shooting Someone with a .50 Cal a War Crime?

      The Ethical and Legal Implications: Is Shooting Someone with a .50 Cal a War Crime?

      Is It a War Crime to Shoot a Retreating Soldier? A Comprehensive Analysis

      Is It a War Crime to Shoot a Retreating Soldier? A Comprehensive Analysis

      Trending Tags

      • Lifestyle
        • All
        • Health
        • Tech
        • Travel
        Ageing World: Unraveling the Most Ageing Population in the UK

        Ageing World: Unraveling the Most Ageing Population in the UK

        Embracing Youthful Growth: Understanding the Opposite of Ageing Population

        Embracing Youthful Growth: Understanding the Opposite of Ageing Population

        The Ageing Population: Exploring the Benefits and Drawbacks of Longer Lives

        The Ageing Population: Exploring the Benefits and Drawbacks of Longer Lives

        Unlocking the Cryptocurrency Network’s Verification Process: How Transactions Are Verified

        Unlocking the Cryptocurrency Network’s Verification Process: How Transactions Are Verified

        The Intersection of Healthcare Policy and Public Health

        The Intersection of Healthcare Policy and Public Health

        Aging Reversed: Scientists Make Breakthrough in Understanding How to Turn Back the Clock

        Aging Reversed: Scientists Make Breakthrough in Understanding How to Turn Back the Clock

        Trending Tags

        • business
        • lifestyle
        • society
        • news
        • Tech
        • Health
        • Travel
      No Result
      View All Result
      Politic Sphere
      No Result
      View All Result

      Stimulus Checks: Treasury Department and IRS send another 2.2 million

      James B Greer by James B Greer
      July 24, 2021
      Reading Time: 3 mins read
      0
      Stimulus Checks: Treasury Department and IRS send another 2.2 million

      US citizens have been ‘blessed by the government’s decision to launch a follow-up stimulus check sought since June. This is a huge relief to the people amid an economic crisis experienced by people amid the coronavirus pandemic outbreak. The world crisis is taking people’s lives and emptying their pockets to buy basic needs such as food and pay for medical services. Reports from most countries show that it is costly to acquire necessary immune boost medicine for an infected person, and covid-19 test kits have become so expensive, especially for those who wish to travel abroad.

      RELATED POSTS

      The Influence of an Ageing Population on the UK Economy

      Types of Money in Economics: A Comprehensive Exploration

      Breaking Chains: The End of the Gold Standard in 1971

      Due to the economic crisis enacted by a coronavirus, various governments launched programs aimed at catering to the public, and such programs involved giving out money to citizens who are mostly affected. Some governments could not release pay-outs, so they opted for food hampers and free medical services to be delivered at one’s doorstep. The US government is one of the few responsible governments that could run a stimulus checks program successfully. Coronavirus Aid, Relief, and Economic Security Act, launched in March 2020 by former US President Donald Trump, successfully assisted the vulnerable families in poor communities. It went a long way in ensuring that disadvantaged people were looked after.

      The monetary funds were channeled towards buying food, paying for bills, acquiring health services, and covid-19 testing or treatment services. Trump approved a second stimulus in December 2020 after covid-19 went on a wild run of killing and draining people`s finances. In March 2021, President Joe Biden introduced the ‘American Rescue Plan Act’ meant to be Americans’ ‘savior’ in dealing with the deadly effects of the pandemic, and he approved the third stimulus of about 400 billion targeted the marginalized communities and low-income earners. The American Rescue Plan Act was accredited for helping a lot of malnourished people in the country.  

      However, covid-19 continued to torment the Americans, so lawmakers, government officials, and politicians called for a fourth stimulus after all the previous programs had expired. Most of the stimulus checks were given out as a once-off payment; hence people would enjoy for a moment, then poverty would knock on their doors again. The US government under Biden’s administration heard the outcry and have once again come to offer assistance to the struggling classes in society.

       

      The US Treasury Department, Bureau of the Fiscal Service, and IRS released about 2.2 million to be distributed to its citizens over the last six weeks. The IRS cited that it will dish out the funds on a weekly basis. As stated in the American Rescue Plan Act, there will be payments of up to $1 400 per person with an addition of $1 4000 per eligible dependents, individuals, or families who qualify [Source]. This had come at the right moment when the country’s health department declared a public health emergency. According to the Health Department, the country is under a serious threat from the Delta variant, responsible for many infections, so there was a need to call an emergency on the public’s health. Also, the CDC had revealed how the Delta variant had become the most dominant variant, which was also infecting individuals who were fully vaccinated so anyone could be attacked.

      Hence, the authorities suggested a delay in reopening business activities so that the working class would suffer greatly. According to the IRS, these are top-up payments because some people were not eligible for the total $1 400 due to 2019 tax arrears and would have qualified for funding in 2020. Some individuals did not receive payments as they could not be contacted but have now joined the system. Thus, all these people are currently receiving this government’s aids [Source]. To be eligible for the $1 400 plus package, one must earn around $75 000 or less after all the deductions have been done and fill in a tax return. 

      This is a commendable decision by the US government to cater to its citizens who are currently suffering due to the global crisis and have incurred many losses in life, such as deaths of loved ones and loss of jobs or businesses.  

       

      James B Greer

      James B Greer

      Related Posts

      The Influence of an Ageing Population on the UK Economy
      Economy

      The Influence of an Ageing Population on the UK Economy

      October 15, 2023
      Types of Money in Economics: A Comprehensive Exploration
      Economy

      Types of Money in Economics: A Comprehensive Exploration

      October 14, 2023
      Breaking Chains: The End of the Gold Standard in 1971
      Economy

      Breaking Chains: The End of the Gold Standard in 1971

      October 14, 2023
      Unravelling the Link: Does Oil Truly Back the U.S. Dollar?
      Economy

      Exploring Money: A Comprehensive Guide

      October 14, 2023
      Unravelling the Link: Does Oil Truly Back the U.S. Dollar?
      Economy

      Unravelling the Link: Does Oil Truly Back the U.S. Dollar?

      October 8, 2023
      The Clash of Currencies: Fiat Money vs. Commodity Money
      Economy

      The Clash of Currencies: Fiat Money vs. Commodity Money

      October 8, 2023
      Next Post
      Covid-19: The Forgotten Kids of this Deadly Disease

      Covid-19: The Forgotten Kids of this Deadly Disease

      Outer Space : Billionaires Set Sights on the Stars

      Outer Space : Billionaires Set Sights on the Stars

      Please login to join discussion

      Recent Posts

      • Dissecting Division: Secession vs. Sedition in the Modern World
      • Exploring the Boundaries: Is Harassment Free Speech?
      • Exploring the Distinctions: Race, Ethnicity, and Nationality

      Categories

      • Business
      • Culture
      • Economy
      • Health
      • Legal
      • Lifestyle
      • Opinion
      • Politics
      • Tech
      • Travel
      • Uncategorized
      • World

      © 2021 Politic Sphere Your Non-partisan sound of reason in an otherwise biased media.

      No Result
      View All Result
      • Politic Sphere
      • Category
        • Business
        • Culture
        • Economy
        • Lifestyle
        • Health
        • Travel
        • Opinion
        • Politics
        • Tech
        • World

      © 2021 Politic Sphere Your Non-partisan sound of reason in an otherwise biased media.

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.