Will there be a fourth stimulus check? If so, when will we get it? Who will be included, and how much will it be? My honest opinion based on what I’m seeing out there with all the research.
All right. So I do want to give you an updated perspective on where I currently stand with any type of direct payment, whether it’s called a stimulus check, an anti-inflationary check, a relief check, survival check. Honestly, it could be called anything these days.
But I do want to give you an update on this. Now, to be totally honest and clear with you, I did make a video very similar to this about a month and a half ago. However, I think all of us can completely recognize things have changed, not only here in the United States, but also globally in the last month or so. Things have changed very, very dramatically. Therefore, I want to give you a new, updated perspective on where I currently stand with this.
What I’m seeing out there right now with all the research, as I’m literally doing research hours and hours and hours every single day, which I bring to you in these videos. So I want to let you know where I currently stand with this. So, again, this is just my opinion. Okay? Of course, everything could be completely opposite.
I could be 100% wrong, or I could be 100% right. But I just want to lay it out for you and let you know what I’m currently seeing out there and what I can’t possibly foresee coming at some point this year. So, again, I’m just letting you know what I’m seeing out there. Again, just letting you know my opinion based on everything out there right now. All right So over the last couple of weeks here, we’ve seen quite a few updates here coming out talking about multiple different people talking about the ideas of direct payments, stimulus checks, some type of relief check. I mean, again, we’ve seen it multiple different ways and with the names that it’s been called. But essentially we’ve seen multiple different people articles, all kinds of headlines coming out talking about direct payments specifically focused on the low income. Now, I do want to talk about this here just for a second. I’ve been talking about this for probably, I don’t know, ten months now.
I’ve been saying this, and I do believe this to be true as well. If there happens to be a fourth stimulus check, I still do believe it will be highly focused on the low income. I do not think there is going to be a broad stimulus check going out like what we saw the last two years here with those three stimulus checks, the 1200, the 600, and the 1400, those were broad stimulus checks that reached millions and millions and millions of people. In fact, hundreds of millions of people. I do not think that’s going to be the case again.
If there happens to be a fourth one, if there happens to be a fourth check, whether it’s called an anti inflationary check, a relief check, survival check, honestly, I don’t really know what the name is going to be. But if there happens to be some kind of check, I do think it’s going to be highly focused on the low income and including those people receiving fixed income benefits from Social Security, retirement, disability, SSDI survivors, SSI, VA, RRB, as well as low income, maybe somebody who’s low income that’s not receiving those benefits. Those people would also be included. Now, one more thing to be totally clear. Just so that we’re all on the same page, what would the dollar amount be?
Honestly, I have no clue what it would be. Maybe $40,000, $50,000, maybe $20,000? I’m honestly not really sure. All that I know is if there will be another one, I would highly anticipate it will be focused on the lowest income people because they are the ones who need it. Right now, as we’ve talked about only about 5000 times here on the site over the last year or so with all the reports and studies that we’ve seen.
All right. So I want to lay that out there for you really quickly. Now let’s quickly talk about when we could potentially see something who would be included. Actually, I just answered that question, who? So we don’t need to go down that road again.
And then let’s talk about how much. Okay, so let’s break this down a little bit more closely. First off, when could we see something? Let’s just see this much. So over the last couple of weeks here, we’ve seen multiple proposals, headlines, people talking about this.
In fact, we’ve even seen lawmakers introducing bills and different criteria as far as how the low income could be getting stimulus checks. Direct checks is what they’ve been calling them lately direct checks going forward based on everything going on right now. So we do know that inflation is going higher. We know that inflation is basically just raging right now. I honestly don’t even know what else to call it right now.
Inflation continues to go up significantly month over month over month. However, with that being said, is it likely going to slow down anytime soon? Probably not. It’s probably not. I mean, honestly, I think all of us recognize right now inflation is probably not going to slow down anytime soon.
So that being said, there’s a lot of people out there calling on direct checks for the low income, the fixed income people who are struggling really badly right now. So we want to kind of look at this a little bit more closely and wonder, okay, so if this is the case, when could we potentially see a check? Well, that’s a really good question. And again, we’re kind of closing the gap here between where we currently sit as of right now, as to where the midterm elections are coming up. Now, why do I lay out the midterm elections?
Because honestly, I believe that the midterm election is going to play a major, major role in the timeline of either the announcement and or the delivery and or just the approval of a check. Why? Because they obviously want to secure votes going into the midterm elections. How can they do that? Well, giving us some money would certainly be a good way to do it.
So that’s why I’m saying even if the check may not be delivered by the midterm elections, again, it could be before then. I’m just simply saying that is kind of the backstop that I’m looking at is the midterm elections in early November, because they need to do one of about three things prior to the midterm elections. Number one, they either need to approve a check. Number two, they need to sign into law a check. Or number three, they need to deliver that check into our bank accounts in the eyes of Congress and the administration, basically, everybody like this, they could look at any three of those as a win because they could look at it and say, we’re going into the midterm elections with assigned check into law.
That’s pretty much a win for them. They can also say, hey, if we deliver a check before the midterm elections, that’s like a given vote right in our side right now. By the way, one quick Disclaimer here. I do not take sides in my videos. I’m simply telling you what is going on.
And honestly, all parties do this. They all look at it wondering what can we do to get more votes? So again, this is not me taking sides. I’m simply letting you know this is probably what’s going to go down. But again, we’ll have to see only time will tell.
So again, as they approach the midterm elections, I do believe this is going to be a significant backstop when it comes to checks. They want to get something out before the midterm elections come in because that’s just basically their way to secure a bunch of votes, or at least they think. So, honestly, we don’t really know. We won’t know until that day comes. So I do think that midterm elections is going to play a major role in any of the negotiations going forward.
So that’s what we’re looking at as far as when basically anytime between now and the midterm elections. And again, maybe before the midterm elections, they come out with some kind of reconciliation bill, which again, I do believe there will be another reconciliation bill between now and the midterm elections because they want to get their priorities done before they potentially lose power. And they I mean, the Democrats. And again, I’m not taking sides. I’m simply telling you this because Democrats are very aware.
They may lose the Senate, they may lose the House with the midterm elections. If that’s the case, all the reconciliation bills kiss them goodbye because they will not have that ability anymore. If they lose either of the Chambers. Therefore, they want to get their objectives. They want to get their priorities done before the midterm elections in the event they potentially lose one of the Chambers.
If they lose one, all bets are off. No more reconciliation done. Game over. So my point is they want to get that done. They’re very aware of this just as much as we are.
So when it comes to the midterm elections, again, we’ve got to watch this very closely. This is going to play a major role in what goes forward here throughout this year. So to answer the question of when, that’s a really good one, I’m going to say basically anytime between now and the midterm elections, we could get either an approval, possibly delivery, and or even the announcement of all of those would be sufficient in the eyes of Congress to basically secure the votes that they need. Now, again, I want to make it very clear at this point nothing has been approved. We’ve seen proposals being introduced.
We’ve seen lawmakers talking about direct checks. We’ve seen proposal after proposal. We’ve seen ideas out there. But as of right now, nothing has been approved. I just want to let you know that so we’re all on the same page and so that there is no miscommunication or misleading information.
It’s just so we’re all here together and understand what’s going on. All right. So I think that answers the one question we talked about who a few minutes ago. And now let’s talk about how much this is a really good question because honestly, the amounts are all over the board. If you would have asked me this a month ago, I would have given you the amount anywhere between, say, $1,000 and probably $2,000.
However, over the last couple of weeks here we’ve seen multiple proposals coming out introducing some very low numbers so we can only cross our fingers that hopefully something will be introduced more along the lines of. Well, let’s just say a minimum of $1,000. Hopefully 1214, maybe even $2,000,
But I got to lay out what has been introduced here over the last couple of weeks just so that we’re all again on the same page. So I would say the range would be basically anywhere from maybe $200 to $2,000. I know that is a huge, huge range. Now, where am I getting this information from?
Number one? I’m getting this from one of the proposals that was introduced not that long ago, talking about the $200 to $300 per month vouchers for gas. Remember that one? Yeah, we’ve talked about that a couple of times in previous videos. So that would be a voucher system anywhere between, like I said, $200 to $300 per month in vouchers for gas.
So that’s number one. Next is the other proposal that was introduced shortly thereafter, talking about anywhere between a $240 and $360 annual benefit, as in the direct payments, they’d be distributed on a quarterly basis for the low income. Again, the annual amount would be $240 to $360, and that would be distributed quarterly. So basically it’d be like what, $30, $20, $20 a month, something like that. Yeah, $20 a month, $20 a month for individuals or what is that, $30 a month?
Yeah, $30 a month for married couple. So again, nothing crazy we’re talking about here. Very small numbers. And honestly, $20 and $30 is not going to do pretty much anything for us these days. Maybe half a tank of gas, maybe if your tank is already half full, something like that.
But anyway, these are a couple of proposals out there. So that’s why I’m kind of leaning on anywhere between maybe like the $200 to $2,000 range. Now, again, it totally depends on a few different factors. I know we’re talking about a lot here in this topic, but I want to lay it all out here. So we’re all on the same page and we understand where we’re sitting as of right now.
So it’s based on a few different things. Number one, who would be included for this? My point is, is it 10 million people? Is it 50 million people? Is it 100 million people?
The more people that would be included for this, probably the smaller the amount simply because it’s just more money. Right? Let’s just say it’s 100 million people at $2,000 apiece. Well, that’s a lot of money right there, right? So that’s $200 billion.
I believe the math is correct right there. But my point is if it’s a 10 million people and it’s $2,000 each, that’s $2 billion. You know what I mean? So the more people that we have, I potentially feel like the dollar amount could get smaller. However, if it’s a highly focused group, say, I don’t know, 40 million people, 50 million people, they could do a little bit more.
Right. Spread the money out and give it to more people. Does that kind of makes sense? So it’s kind of like ultimately the dollar amount would be the same as far as $100 million approved for 50 million people is $2,000 apiece. Kind of get what I’m saying there.
So that’s kind of what I’m saying is depending on how broad they go with this thing, would kind of also indicate the price in which everybody would be eligible to receive. Does that make sense? So anyway, there’s a lot of different factors here. Any one of them could persuade the amount, could persuade whether we have something or not. But the deal is going forward.
Over the last couple of weeks here, we’ve seen a lot of talk about additional direct payments, stimulus checks, relief checks, all of these types of words being thrown around in the headlines with the lawmakers people introducing these bills, these proposals, these ideas, all kinds of stuff like this. So the moral of the story is I’m going to maintain my position, which is I do still think there will be something. I have no clue what it may be. It may be even something like some kind of gas voucher. It could be as broad as that.
And then they call it a direct payment. It could be like what they introduced already, some kind of anti-inflationary check from big oil companies where they send you $30 a month, every month, or quarterly. They send you, I don’t know, $100 or something, a quarter or not even quite that maybe $80 a quarter or something. Again, it totally depends. But the point is, maybe it’s a one-time payment, maybe it’s a big one-time payment, $1,000.01, one, $0.01, 214, $2,000, something like this.
Or maybe it’s a quarterly check, a monthly check, things like this. There’s so many different ways that we could go down right here. But my point is, I do still think there probably will be something sometime before the midterm elections. It could be called any one of a million different names and it could be any dollar amount. I mean, realistically, at this point, based on some of the proposals that we’ve seen, we could be looking at $200, we could be looking at $1100, we could be looking at one $400.
We could even be talking $2,000 anywhere in between. But obviously, we want them to do more because that’s kind of what people need right now. But realistically, an ongoing payment of a couple of $100 a month is really how to get ahead of this thing. But again, that’s up to the lawmakers to decide. So anyway, I want to give you a quick update on this, let you know my honest opinion on where I’m currently sitting with this, and let you know what I’m seeing out there with all the information.
And again, this is just me and my honest opinion. Again, I could be 100% wrong, I could be 100% right, or I could be a little bit wrong and a little bit right, I guess only time will tell. But I do want to let you know what I’m seeing out there right now, and I have laid this out in previous topics. So again, I just want to let you know where I’m currently sitting with this. But again, only time will tell.
And that is what will prevail is time and only that’s the only thing that can let us know what’s going to happen here. So anyway, I hope this helps you out to better understand where we’re currently sitting as of right now. Enjoy your day and I’ll catch you in later in the next episode.