The onset of the COVID-19 pandemic in March 2020 sent the U.S. (and the entire world) into a downward spiral. Lockdown orders were set in place, job losses skyrocketed and much of the economy tanked.

Add Yahoo as a preferred source to see more of our stories on Google. About two months ago, the idea for a new type of stimulus check, one funded by government savings, began circulating on social ...