I received my $600.00 stimulus check just days after the announcement. The new administration coming in is going to ask for an additional $1400.00 stimulus be sent out to total the $2000.00 that was originally requested by the previous President, or will have been the previous President after 1/20.
This is all well and good, but there are some of us that do not have an immediate need for this money and I think the government should be more selective in who gets the money. How they would go about doing this, I really do not know. Maybe start with sending the checks to the unemployed and work from there.
I would be interested in hearing what other people think about all of this money being spent without any way to pay for it. I remember back in one of the former administrations, that it was the Senate that stated they would not approve spending anymore money, unless the requestor could show how it was going to be paid for.
Here's my point. The U.S. cannot keep going further and further into debt. There are all kinds of things that can happen if we hit the debt ceiling. None of which are good. There is a ceiling to borrowing, even though Congress keeps raising it, so they can borrow more money. If we would default, the countries we owe could force us into bankruptcy and this would make it much easier for a country like China to take us over. Yes, we are a ways from that happening, but it is a possibility in the future. We have to stop spending and one way is to stop going to war.