New Stimulus Plan Would Give Washington Residents Cash Each Month

J.R. Heimbigner

Are you feeling the pain of price increases whenever you look at your bank account?

During 2021, the cost of inflation using the CPI is currently sitting at 7 percent for the entire country. (source)

How about if we look closer at Washington state? Well, the price of used cars in Washington has went up by 40 percent. (source)

Yes, you read that right. Due to supply shortages, demand has risen significantly for used cars.

Here's a little more info about that from the today show.

Utah Senator Mitt Romney says that he has a solution for many people struggling with the price hikes all over the country. Romney has a new program that provides greater financial security for American families by combining current policies to create one universal child benefit for all. This new program is called the Family Security Act. The child benefit created by the FSA would pay families with children $4,200 per child per year under six years of age, and $3,000 per child per year for older children. (Source)

This Is What Is Being Proposed

Romney’s Family Security Act offers larger benefits extended to include more parents, but this program would be replacing the different welfare programs in America such as food stamps (SNAP), cash assistance, and Medicaid.

He has shared his opinions on why he thinks his new program would work, here is a snippet of those opinions:

My view is if you find a way to economize and spend the money you’re already using and make it more effective, that’s a better way to go… Now that Build Back Better is in limbo or worse, there’s a growing series of discussions going on—among members of the Senate, at least, but also members of the House—to say, “Okay let’s go back and look once again at family security and children and think about a way that we might pass something on a bipartisan basis.”

Do you support or disagree with this new plan by Mitt Romney?

Feel free to share your thoughts in comments, and I'd love it if you shared this article with your friends and family. Thanks.

Please take note that this article is only for educational and informational purposes.

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