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BIDEN'S BIG MOVE! 4th Stimulus Check Update Today + [IRS, EIP'S, Direct Deposits] - YouTube
Channel: Ron Yates
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what's going on you guys ron here hope
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you guys are having a wonderful day this
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is your stimulus check update your
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stimulus package update
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fourth stimulus check update as well as
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stimulus and related news
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and we all know that the pandemic
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response has been one of president
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biden's
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top priorities ever since he stepped
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into the presidency
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and that was made unbelievably obvious
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when he included a provision
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to combat the effects of the pandemic in
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his current 1.9 trillion dollar stimulus
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package
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so in this video we're going to talk
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about what the president has to say
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regarding america's fight against the
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virus and
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what our goals are moving forward we'll
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also discuss another
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stimulus item in the current relief
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package which president biden actually
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touted just yesterday
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so definitely watch out for that one and
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finally 1.1 million more stimulus checks
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that's what the irs sent out in the most
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recent batch of eips so stay tuned for
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that one too guys but before we get
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started do me a favor show me some love
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hit the like button also subscribe to
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the channel and tap that notification
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bell
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that way you don't miss out on any of
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the future updates on stimulus
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cryptocurrency and investing all right
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guys so let's jump right into this
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president biden's taking his
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two-part infrastructure and stimulus
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proposals on the road
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he's traveling across the country to
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promote his vision
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to the american people but before he
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moves on with that he first
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spoke at the white house earlier this
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week regarding his administration's
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pandemic response a thing that has been
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a recurring subject in his speeches
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ever since he took the presidency last
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tuesday president biden let us in on his
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new goal to vaccinate
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70 of u.s adults with at least one covet
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19
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shot as well as to get a 160 million
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adults fully vaccinated by july 4th of
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this year
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he also said that 12 to 15 year olds
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will be administered with the shots
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as soon as they're allowed and these new
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vaccination goals were revealed as
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president biden tackled the troubles
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that the government and the health
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officials have to go through in order to
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win over the doubters and those who are
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unmotivated to get the vaccine
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regardless he said
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the light at the end of the tunnel is
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actually growing brighter and brighter
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and he also stated if we succeed in this
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effort then americans will have taken a
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serious step toward return to normal
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now i really hope that he's right about
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this and if he is then we have to
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consider that according to reports
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in order to achieve these vaccine
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targets the administration needs to
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deliver roughly 100 million vaccine
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doses
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over the next 60 days that's two months
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from now and although he did not mention
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that the efforts that we're about to see
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over the coming days
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would be from his current stimulus
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package the american rescue plan
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sources are saying that much of the
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funding which will be used to inoculate
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millions of americans two months before
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july 4th
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will indeed most likely come from the
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pandemic response provision in the 1.9
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trillion dollar stimulus package
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and beyond that the current stimulus
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plan will also allocate some amount to
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get more vaccine to rural areas of the
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country
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expanding smaller and mobile vaccine
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clinics
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to deliver doses to hard-to-reach
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communities comment down below
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if you are still waiting to be able to
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get a vaccine i'd love to hear from you
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guys but we all know that regardless of
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how great the administration's plans
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to further ramp up our vaccine programs
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are they would not be able to get this
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done with the current rate of vaccine
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hesitancy
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in the united states to better explain
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this we have to take a look at the
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recent university poll
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which found that one in five americans
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actually said that they won't get a shot
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and that's concerning when we think
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about the possible consequences of that
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with president biden saying
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that the most effective argument for
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this would be the fact that we should
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all be doing this
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to protect the ones that we love he said
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and i quote this is your choice
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it's life and death and beyond that he
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explained there are a lot of younger
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people
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especially those in her 20s and 30s who
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believe they don't need it
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well i want to be absolutely clear you
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do need to get vaccinated now i do think
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that ramping up our vaccination efforts
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and strengthening our pandemic response
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is pretty important almost as important
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as passing more stimulus and
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infrastructure plans
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if we really want to get our country's
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economy to regain its footing
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and after all we have to remember that
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all these stimulus initiatives
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will mean almost nothing if we remain
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stuck at home
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for longer than we've already been so i
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really see how vital these new goals are
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anyway officials believe that these
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vaccination targets could actually
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result in a significant reduction in
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covert 19 cases
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heading into the summer and i'm sure
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that we're all looking forward to that
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but what's more is that the biden
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administration
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also came up with some creative ideas on
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how to convince
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hesitant americans to get vaccinated
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according to reports this could be done
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through grocery stores
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offering discounts to shoppers who come
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to get vaccinated maybe even sports
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leaks holding promotions to deliver
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shots for their fans these are just
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several of the creative efforts that
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we're hearing about right now
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i think this may actually help persuade
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people but of course you know we'll have
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to see about that
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now another stimulus item from the
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american rescue plan that is currently
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gaining
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traction is the newly launched
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restaurant revitalization fund
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which is a provision that was
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established to help struggling
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restaurants
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and other eligible businesses keep their
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doors open during the pandemic
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interestingly enough during his visit to
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a washington taco eatery yesterday
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president biden highlighted the 28.6
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billion
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restaurant assistance program saying and
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i quote the restaurant industry was hurt
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so badly nationwide and that's why we
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put this restaurant revitalization fund
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back together and we all know or if
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you've been regularly watching my videos
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the restaurant industry has been
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disproportionately affected by the covet
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19 pandemic in fact nearly half of
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workers in the restaurant industry
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they lost their jobs in the first few
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months of the pandemic and
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reports say that up to date it remains
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1.8 million jobs down from february of
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last year so now they're introducing
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this rrf to us to try to help out
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eateries and restaurants that were
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slammed by the coronavirus pandemic and
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in a speech at the white house president
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biden said
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the worst hit in 2020
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more than 2 just for me two million
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two point three million restaurants
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jobs disappeared 2.3 million restaurant
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jobs disappeared
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restaurants are more than a major driver
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economy
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they're woven in the fabric of our
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communities
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and so for many families restaurants are
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the gateway to opportunity
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a key part of the american story he also
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explained that nearly one in three
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americans
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worked at restaurants for their first
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jobs and that more than half of all
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americans have worked at restaurants
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at least at some point in their lives i
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know i have i've probably worked at
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like four or five different restaurants
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now culvert 19 entered the scene
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things changed and businesses were shut
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down across the country and this
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along with the 186 200 restaurants
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bars and other businesses that applied
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for relief within the first 48 hours of
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launching
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prompted president biden to say that
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this restaurant assistance program
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really is badly needed at this point in
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time anyway
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cnbc reports that and i quote after the
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first 21 days
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all eligible applications will be funded
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on a first-come
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first-served basis applicants can apply
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for grants
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equal to their pandemic related losses
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up to 10 million dollars
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per business group and 5 million dollars
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per location so that's basically what we
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know regarding the newly launched
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restaurant revitalization fund i'm
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pretty sure we're going to get more
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details about this as the days go by
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and we'll definitely hear more about
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other stimulus items from the current
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relief package
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as it continues to be implemented and
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finally more stimulus checks once again
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from the american rescue plan were sent
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out from the irs
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this week in the most recent batch of
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relief payments to eligible americans
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now this new wave of more than 1.1
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million
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economic checks worth more than 2
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billion
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will bring the total number of dispersed
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payments in the third round to about 164
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million now this amounts to a sum
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of 386 billion dollars now a large part
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of this latest batch includes 585
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000 stimulus checks for eligible
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individuals who recently filed a tax
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return
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but who the irs previously did not have
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enough information to issue an economic
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impact payment
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so this includes a number of people who
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were basically reaching out to me in the
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comments
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letting me know that they have not
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received a stimulus check ultimately i
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was
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pretty much letting a lot of people know
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that you needed to file a tax return in
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order to get the stimulus check that you
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didn't get
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because of course the irs didn't have
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enough information on file
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to know that they should even issue a
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stimulus check to you because they
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didn't realize that you were even
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eligible and aside from that more than
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570 000
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plus up payments were also sent out to
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people who had their third stimulus
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check calculated
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based on their 2019 tax return but are
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now
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eligible for a bigger payment maybe some
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of you guys are qualified for that but
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overall this new wave which is actually
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the eighth
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batch of payments according to the irs
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contains about
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600 000 direct deposit payments
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with a total value of 1.1 billion
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dollars
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with a remainder on paper payments
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that's basically what the irs said in a
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press release from yesterday
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so expect the arrival of your eips over
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the next coming days
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they're on the way guys however if for
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some reason you're worried that you
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might not receive your stimulus money
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you can always verify the status of your
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third stimulus check
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using the get my payment tracking tool
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on the irs website you just need to
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provide some basic information
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such as your social security number or
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your itin number
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your date of birth mailing address in
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order to be able to use that irs tool so
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guys
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that's what we know so far regarding the
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latest batch of the 1400
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stimulus checks if you want to stay
[562]
informed of all the latest updates
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regarding stimulus
[565]
and the infrastructure make sure you
[566]
guys subscribe to the channel and tap
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that notification bell that way you
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don't miss out on any of the latest
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updates as soon as they come out
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also if you made it up to this point do
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me a huge favor hit the like button
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support the channel i really appreciate
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it put a lot of effort into each and
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every one of these videos but that's all
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for this stimulus check update and
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stimulus package update be sure to check
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out my videos on crypto and investing
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and i will see you guys on the next one
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take care
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