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What's behind the push for a fourth stimulus check

What's behind the push for a fourth stimulus check

CBSN
Tuesday, June 1, 2021 11:01 AM GMT

The IRS has issued almost 167 million payments in the third round of direct stimulus aid, with another 1.8 million people this week in line to receive the $1,400 checks. But some lawmakers are pushing for a fourth round of stimulus aid that would effectively send recurring payments until the pandemic ends.

So far, the federal response to the economic crisis caused by the coronavirus pandemic has delivered $3,200 to each eligible adult: $1,200 via the Coronavirus Aid Relief and Economic Security Act in March 2020; $600 in a December relief measure; and $1,400 under the American Rescue Plan signed in March by President Joe Biden.  Despite that financial assistance, millions of Americans remain in financial distress, with about 4 in 10 people saying their income remains below its pre-pandemic levels, according to a survey from financial services firm TransUnion. 
Read full story on CBSN
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The Republicans' "big beautiful" budget package is uniting everyone from Elon Musk to Wall Street over an issue that experts say could pose a threat to the nation's long-term fiscal stability: The rising cost of servicing the U.S. government's growing mountain of debt. 

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What is an autopen? Here's what to know about the devices used by presidents, writers and more.

The autopen — a machine first patented centuries ago — is having a moment in the political spotlight, following  allegations made by President Trump that former President Biden used one to sign pardons. 

China says U.S. violated tariff truce as trade war heats up

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