Stimulus checks 2022: When will SS recipients receive a payment of $ 1,400? – 31 January
Stimulus checks 2022: When will SS recipients receive a payment of $ 1,400?  – 31 January

Stimulus checks 2022: When will SS recipients receive a payment of $ 1,400? – 31 January

Eeligible citizens of United States has received three stimulus check from the federal government during the COVID-19 pandemic, where millions of people are benefiting from these payments due to job insecurity and rising inflation, but the impact of the Omicron variant has led to renewed calls for a fourth stimulus check payment. But even though this seems increasingly unlikely, Social Security recipients could benefit from one surprise stimulus check package.

A sharp rise in positive COVID-19 test scores in the midst of the Omicron variant has deemed it necessary for governments in various states to extend the measures, causing the US public an increased risk of economic problems, so stimulus check for the elderly has become a necessary next step.

Congress has been heavily lobbyed in early 2022 by Senior Citizens League (TSCL) for another one-time Social Security stimulus payment of $ 1,400 for seniors. This is due to the current uncertainty in the US following the rise in COVID-19 infections since the advent of the new Omicron variant.

Although a fourth check has been played down, this most recent payment would essentially serve as exactly that.

The cost of living adjustment in 2022 (COLA) has increased the highest amount in four decades, pushing many seniors into a higher tax framework. Therefore, the stimulus check is expected to help offset the additional costs.

Since 2001, “COLAs have increased Social benefits by 55%, “which affects seniors because the total cost exceeds the increase with COLA, as evidenced by the fact that housing and health care spending increased by 118% and 145%, respectively.

“We have heard from thousands of them [seniors] who have used up their pension savings, “said the TSCL chairman, Rick Delaney. “Many have written to us that ‘our government has forgotten us’. A $ 1,400.00 stimulus check for social security beneficiaries could be a way to get extra non-taxable income for them.”

Over 95,000 people have signed a petition from TSCL about this $ 1,400 check to SS recipients so the pressure grows.

Prices throughout the United States are rising at an astronomical level, with Bureau of Labor Statistics even reports that since October 2020, consumers are paying an average of 6.2% more across the market. Some things like food have increased by 5.3% while energy costs have increased by more than 30%.

Who is eligible for the stimulus check for social security recipients?

That House of Representatives adopted the Build Back Better Act back on Friday, November 19th, and this includes some benefits for seniors, although there is no evidence of a stimulus check.

Medicare will be expanded to include hearing services, while the government has more power when it comes to negotiating drug prices with pharmaceutical companies, but this bill will not be passed in the Senate until 2022.

This is because Democrat Sen. Joe Manchin has stated that he will not support Build back better the bill, which means that the millions of people it supports are now being left behind. Although progress is expected in 2022, the $ 1.9 trillion bill has still not been given the green light.

Leave a Reply

Your email address will not be published.