Kevin Sargent looks at fencing with his daughter, Emilia, at a Lowe’s in Salt Lake City on Wednesday, April 7, 2021. Sargent will be using his federal stimulus check to pay for the fencing that he is planning to install himself.

Kevin Sargent looks at fencing with his daughter, Emilia, at a Lowe’s in Salt Lake City on Wednesday, April 7, 2021. Sargent will be using his federal stimulus check to pay for the fencing that he is planning to install himself. | Laura Seitz, Deseret News

Are Utahns experiencing COVID-19 stimulus fatigue?

Maybe not, but data from a new Deseret News-Hinckley Institute of Politics poll shows over half of residents don’t consider the latest, and most generous, round of stimulus checks to be that big a deal.

The survey, conducted by Scott Rasmussen on March 26-31 of 1,000 registered Utah voters, found that 54% of respondents rated the third round of stimulus checks/direct deposits that started going out last month as either “not very” or “not at all” important to their current financial situations. The poll has a 3.1% margin of error.

So far, the federal government has disbursed three rounds of checks to individuals with the goal of stimulating spending amid recession conditions wrought by the COVID-19 pandemic.

Last March, following passage of the nearly $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act, many U.S. taxpayers became eligible for payments that provided $1,200 for each eligible adult and $500 for each dependent child.

In December, another round of “economic impact” payments went out, this time granting $600 to each eligible adult and $600 per dependent child. And, most recently, the $1.9 trillion American Rescue Plan provided funding for $1,400 checks to adults and another $1,400 to children. Each plan came with earnings caps on full stimulus payments that ranged from $80,000-$99,000 for single filers and $160,000-$198,000 for those filing joint returns.

And even though a solid majority of Utahns may not be in dire need of the most recent wave of federal assistance, 46% of those polled said the money …read more

Source:: Deseret News – Utah News

      

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