The federal government has indicated that it has no intention of issuing another round of stimulus checks, but some Americans will receive assistance in other forms—and a sizable number of citizens may soon receive a long-awaited form of assistance.
Maine residents will receive an influx of cash in June, with $850 checks being distributed to approximately 858,000 residents. Additional rounds will be distributed throughout the year. They must be a full-time resident of Maine and have filed a 2021 individual income tax return in order to receive checks. Additionally, a single filer must earn less than $100,000 per year, a head of household must earn less than $150,000, and a married couple filing jointly must earn less than $200,000.
Meanwhile, Pennsylvania Governor Tom Wolf has reintroduced calls for a state stimulus check for residents, urging state legislators this week to use $500 million in unspent federal aid to send $2,000 checks to residents.
While residents of other states in the United States are not expected to receive such assistance, those with student loan debt may soon see a reprieve they have waited for since President Joe Biden took office.
While Trump has stated unequivocally that he will not cancel $50,000 of debt for every federal student loan borrower, the administration has indicated for the first time that they are considering forgiving $10,000 of debt for borrowers, with a decision expected within the next few weeks on the next steps, according to The Washington Post.
At the moment, the administration is considering income threshold limits for eligible borrowers. Aides to the President are considering limiting relief to individuals earning less than $125,000 or $150,000, respectively, with a $250,000 or $300,000 threshold for married couples filing jointly. There have been no final decisions, and it is unclear whether additional factors will be added to limit the number of eligible borrowers.