Stimulus Check Update: Millions Want More Payments As Inflation Impacts Thanksgiving

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As fast inflation takes its toll on the economy, millions of Americans have continued to ask for further stimulus cheques, with many predicting that this Thanksgiving holiday will be the most costly in history.

A petition on Change.org has over 3 million signatures urging Congress to release additional stimulus cheques. The petition, which has over 2.97 million signatures, asks Congress to approve $2,000 monthly direct payments while the COVID-19 epidemic continues to wreak havoc on the US economy.

Stephanie Bonin, the petition’s originator, stated on Change.org, “This is disastrous for working families like mine.” “I’m urging Congress to provide immediate assistance to families by providing a $2,000 payment for adults and a $1,000 payment for children, as well as sustaining regular checks for the duration of the crisis.”

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Several other Change.org petitions have made similar appeals to Congress and Vice President Joe Biden. As customers continue to face greater and higher costs owing to inflation, each petition has gathered tens of thousands, if not hundreds of thousands, of signatures pushing for further monthly payments or at least a fourth stimulus check.

According to CNN, Thanksgiving in 2021 may be the costliest in history due to inflation. According to the research, the Department of Agriculture estimates that the typical meal cost will increase by 5%. Meanwhile, the American Farm Bureau Federation anticipated that the average cost of supper might have increased by as much as 14%, according to the research.

The Bookings Institution stated this month that inflation increased by 6.2 percent from October 2020 to October 2021, according to the consumer price index (CPI). Inflation went up 4.4 percent from September 2020 to September 2021, according to the personal consumption expenditure (PCE) deflator.

Democrats pushed through the American Rescue Plan without Republican backing after President Joe Biden assumed office. The majority of Americans received additional $1,400 stimulus payments as a result of this law. Despite the fact that hundreds of Democratic politicians have expressed support for further direct payments, including regular monthly checks, no legislation to deliver more stimulus cheques is presently in the works.

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