In recent days, a video has circulated on social media, eliciting excitement and hope among millions. The video shows a voice impersonating President Joe Biden falsely claiming approval of a $6,400 economic stimulus check.
However, experts and government officials have confirmed that the information presented in this video is completely fabricated.
The video, which has been widely shared on social media platforms such as Facebook, describes a program that allegedly allows Americans to register for a prepaid “spending card” loaded with $6,400. While the concept is appealing, the US Department of the Treasury has flatly denied the existence of any such program.
The $6,400 stimulus check: fact or fiction?
The video uses a voice that sounds like President Joe Biden, which appears to lend credibility to the claim. It encourages viewers to sign up for the supposed program in order to receive the check. However, Jenna Valle-Riestra, spokesperson for the Department of the Treasury, has stated unequivocally that this information is false.
Valle-Riestra emphasized that any economic relief program of this size would require prior congressional approval. Furthermore, she confirmed that no new stimulus programs are currently being considered.
A look back at actual stimulus checks
To date, the federal government has issued three rounds of stimulus payments, all of which were approved during critical periods of the Covid-19 pandemic to provide financial relief. Here’s a brief summary of those payments:
- First check: Authorized under President Donald Trump’s administration, this payment amounted to $1,200 per adult, with an additional $500 for each dependent.
- Second check: Also approved during Trump’s presidency, this payment provided $600 per individual.
- Third check: Under President Joe Biden’s administration, eligible recipients received $1,400 per adult, along with the same amount for each dependent.
In all instances, these payments were part of initiatives passed by Congress and thoroughly documented by the federal government.
Why do these rumors arise?
The claim of a $6,400 stimulus check is just one example of how scammers use social media to spread misinformation and target potential victims. Such schemes are frequently more prevalent during times of economic uncertainty or high financial activity, such as the holiday season, when people are especially vigilant for potential financial assistance.
Experts warn against falling for messages requesting personal or banking information. Official government platforms never use social media to manage economic programs or require registrations on unverified websites.
How to protect yourself from online scams
To avoid falling victim to scams like this, consider the following tips:
- Verify information through official sources: Before acting on or sharing news about financial assistance, check government websites like the Department of the Treasury or IRS for accurate information.
- Be wary of requests for personal information: No legitimate government program will ask for sensitive details, such as bank account numbers, through social media or unverified channels.
- Report suspicious content: If you come across posts that seem fraudulent, report them to prevent others from being deceived.
No new stimulus checks have been approved
Despite the rumors and speculation circulating online, officials have confirmed that neither President Joe Biden nor his administration have approved any new economic stimulus packages. While rising inflation has prompted calls for relief measures, there are no signs of active efforts to implement a similar program at this time.
The alleged $6,400 stimulus check is another example of how misinformation spreads on social media, confusing the public. To stay informed, turn to reliable sources and remember that government programs are always announced through official channels. Don’t let scams catch you off guard; the best defense is to stay informed and cautious.
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