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FinanceFortune Analytics

Fortune poll: Who supports Round 2 of stimulus checks—and who doesn’t

By
Lance Lambert
Lance Lambert
Former Real Estate Editor
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May 29, 2020, 3:00 PM ET

The $2.2 trillion stimulus packaged signed into law in March provided most Americans a stimulus check to help give them a financial cushion as the economy nosedived.

Since, the jobless rate has soared from 4.4% in March to 14.7% in April and more than 40 million Americans have applied for unemployment benefits. That has led some Democratic lawmakers and President Donald Trump to call for anther round of stimulus checks as shutdowns linger on.

A Fortune-SurveyMonkey poll between May 20-26 asked 4,109 U.S. adults how they feel about a second round of checks. A total of 54% of U.S. adults support a second round of checks. That’s far less support than the first round had: A Fortune-SurveyMonkey poll between March 23-24 found 85% of U.S. supported the federal government sending a one-time stimulus check.

The first round of stimulus checks were worth as much as $1,200 for individuals or $2,400 for married couples, plus $500 for each qualifying child. But the stimulus check program excluded dependents, undocumented immigrants, and individual filers with adjusted gross incomes above $99,000. If a second check does come, it’s not clear what stipulations would be included.

But this second round doesn’t have the same bipartisan support. Among Republicans, 85% viewed the first one-time check favorably, compared to 87% of Democrats, our March poll found. But the support for the second stimulus payment is 40% and 67% among Republicans and Democrats, respectively.

The support for a second round of checks also breaks down along age and income lines. Among millennials, 66% support another stimulus check. Meanwhile, 48% of baby boomers think the government should send another check. Support for a second check is 63% with households incomes under $50,000, compared to 41% among six-figure households. Back in March, 8 in 10 Americans in households with incomes under $50,000 and incomes over $100,000 supported a one-time check.

*Methodology: The Fortune-SurveyMonkey poll was conducted among a national sample of 4,109 adults in the U.S. between May 20-26. This survey’s modeled error estimate is plus or minus 2.5 percentage points. The findings have been weighted for age, race, sex, education, and geography.

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About the Author
By Lance LambertFormer Real Estate Editor
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Lance Lambert is a former Fortune editor who contributes to the Fortune Analytics newsletter.

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