In March, 40% of households making less than $40,000 lost their jobs, according to data from the Federal Reserve.
And some low-income individuals and families have proven difficult to reach. If they do not typically file tax returns or receive federal benefits, they may not be on the U.S. government’s radar.
As many as 12 million people are still at risk of not receiving even their first stimulus check for that reason, according to research from the Center on Budget and Policy Priorities, a nonpartisan research and policy institute.
“It’s right that we should target people at lower incomes,” said Kris Cox, senior tax policy analyst at the Center on Budget and Policy Priorities. “But we need to make sure they’re actually able to receive their payments.”
Chuck Marr, director of federal tax policy at the Center on Budget and Policy Priorities, said it is “really heartening” that McConnell “identified the problem” that low-wage workers have been hit the hardest.
Still, there are other areas in which the government should focus first, Marr said, including making sure there is robust unemployment insurance, adequate Supplemental Nutrition Assistance Program benefits for people who need food, and shoring up state and local government budgets.
“That’s the things you really want to emphasize,” Marr said.
Source Article from https://www.cnbc.com/2020/07/09/fewer-americans-may-be-eligible-for-second-stimulus-checks.html
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