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Why won’t I receive a fourth stimulus check in 2023?

The United States government sent three stimulus checks to address economic problems, but there will not be a fourth

Abraham Quirós Villalba by Abraham Quirós Villalba
06/01/2023 10:00
in Money
Find out why a fourth Stimulus check in 2023 is not confirmed yet

Find out why a fourth Stimulus check in 2023 is not confirmed yet - CANVA

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The pandemic years posed a number of challenges for the United States Government. These challenges were largely economic. In order to solve the problems arising from this situation, the Government began to grant stimulus checks to the neediest citizens. In this way, many citizens were able to carry on with their lives.

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Of these stimulus checks, there will not be a fourth in the year 2023 for millions of United States residents. The government sent the last check payment in March 2021. Each person eligible for these checks received about $3,000 on average.

However, in 2023 this situation will not be repeated, even though there are many citizens who still need support. For that reason, many locals are hoping that another batch of checks will finally be sent out that can help the overall economic situation.

Is there a fourth stimulus check in 2023?

At the moment there is no official information that assures that we will have a new stimulus check in 2023. This means that users who are expecting this influx of money are not assured of a check. It is not a good idea to count on the government to send this fourth stimulus check, as it may not happen all year.

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Neither the IRS nor the United States Treasury Department has communicated anything regarding a fourth stimulus check. Therefore, this means that we will have to wait a bit longer to find out if we will actually be in front of this situation.

How can a new 2023 stimulus be approved?

Every time the United States government sends out a new stimulus check it needs to be pre-approved by Congress. After that, the President, currently Joe Biden, has to sign it into law. Since this has not happened yet, we already have the main reason why there is no fourth stimulus check.

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It is still too early to determine whether or not there will actually be a fourth stimulus check in 2023. It has only been a few days since the year has started, so Congress and the IRS have to make plans to declare whether we are finally looking at a situation of need. Any United States citizen could still receive one of these checks, but it is too early to determine.

 

Tags: moneypaymentStimulus checkViral
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