A total of $931 billion worth of direct payments were distributed to individuals during the peak of the COVID-19 pandemic.

Those who received direct payments from the federal government include first-time filers, non-filers, mixed immigrant status families, and those experiencing homelessness.

Many were raising their opinion regarding another round of stimulus checks payments being paid to the most affected.

Market research consultant Redfield & Wilton Strategies conducted a study and found that 63% of the 1,500 eligible American votes polled would support other rounds of inflation checks.

The 42% of respondents also noted that they "strongly agree" with receiving further assistance.

The federal government issued three Economic Impact Payments to eligible U.S. taxpayers. The first check was worth $1,200 in April 2020.

It was followed by a $600-check in December 2020 and January 2021. The last payment was issued in March 2021 by the Internal Revenue Service.

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Stimulus Checks Payments Challenges

A recent poll showed that several American individuals are in favor of the idea of the federal government providing some form of cash assistance again. However, it poses a challenge for the IRS and Treasury Department to get payments to some people

The survey also showed that 18% are against new inflation checks while 15% neither agree nor disagree. On the other hand, 3% do not know their position on the matter.

Department of Labor's former chief economist, Diana Furchtgott-Roth, offered her opinion on the matter.

Furchtgott-Roth said that the federal and state governments will be hurting the economy by providing residents with continued stimulus payments.

She added that the distribution of stimulus checks fuels the incentive for people to remain out of work and the United States has 10 million job openings that need to be filled.

The former economist also said that releasing more stimulus checks drive up the cost of labor with employers competing for workers.

Stimulus Checks 2022

Some states have already started distributing their own version of relief payments. These states include California, Florida, and New Mexico, among others.

In California, some of the relief checks were already sent in October. However, some residents are still waiting for their inflation checks.

Yahoo Finance reported that the rest of the relief checks are expected to be deposited between October 2022 and January 2023, according to the California Franchise Tax Board.

Those who have changed their banking information will receive a debit card through the mail between Dec. 17, 2022, and Jan. 14, 2023.

Meanwhile, Florida announced in July that some families are expected to receive checks of $450 per child to offset the impact of inflation.

To be eligible, people must be a foster parent, relative caregivers, non-relative caregivers, part of the Temporary Assistance for Needy Families cash assistance, and participants in the Guardianship Assistance Program.

New Mexico has also released its own version of stimulus checks to qualified households. The checks are worth at least $400.

The New Mexico Taxation and Revenue Department will be distributing the checks by the end of November 2022.

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This article is owned by Latin Post.

Written by: Mary Webber

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