The Biden administration has made millions available to states for inflation relief. Several of these states are also sitting on tax revenue surpluses. It appears there are no plans for federal-level payments. (source)
What are the plans for the excess monies? Some lawmakers have decided to send locals direct payments. The aim is to help medium and low-income families with raising expenses. Other states like Pennsylvania, Minnesota, and Connecticut will focus on different marginalized groups. These categories include front-line workers, older residents, businesses, and people with a disability. (source)
Most of the stimulus checks or tax rebates have income and other restrictions. These limits are to ensure the monies go to the intended target citizen. Even though some states have the money, direct payments are not guaranteed. The lawmakers have to debate and approve the expenditure into state budgets. As such, some states have pending programs awaiting approval. (source)
The payout amounts sent to select citizens are different per state. California and Colorado appear to have the highest, with residents able to get up to $1,050. Most states start their payouts at $250. There are, of course, exceptions like Hawaii ($100), Idaho ($75), and Illinois ($50). (source)
The 18 States Working To Give Residents Money
- New Jersey
- New Mexico
- New York
- South Carolina
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*Disclaimer: This article is for informational purposes only. This article got written using accredited media reports.*