Stimulus checks offered a powerful economic lifeline to millions of Americans over the last couple of years. Especially in 2021, the second full year of the Covid pandemic, over the course of which the federal government sent out more than half a dozen stimulus checks. Tens of millions of families got a share of those funds, some of which would have fallen into poverty otherwise. Today, however, inflation in the US is now at a multi-decade high, presenting a vexing economic problem for the Biden administration.
