Sending 4th and 5th stimulus checks could keep 12 million Americans out of poverty
(Source Business Insider)
Since the onset of the coronavirus pandemic, Americans have received three stimulus payments from the government, and a new report finds that sending more checks would lift Americans out of poverty. The Economic Security Project released a report on April 14 that found stimulus checks have played a critical role in fighting poverty, boosting small-business revenue, and increasing state and local revenues. It called for the government to continue delivering stimulus checks to lift an additional 12 million Americans out of poverty, on top of the 16 million Americans from the most recent $1,400 stimulus payment, and to close imbalances in poverty, income, and wealth between white Americans and Americans of color.