Update on 2022 Stimulus Checks: One State May Approve a $2,000 Stimulus Payment

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Governor Tom Wolf, a Democrat, has proposed a $2,000 stimulus check for residents — Governor Tom Wolf, a Democrat, has asked state legislators to approve his proposal to distribute federal COVID-19 relief funds to residents of Pennsylvania in the form of a stimulus check.

The governor intends to use $500 million of Pennsylvania’s remaining $2.2 billion in federal COVID-19 relief funds to assist residents with rising living costs. Wolf’s proposed stimulus check would provide some beneficiaries with a one-time payment of up to $2,000 in cash.

 

Stimulus Check

 

Additional Information Regarding Wolf’s Fiscal Stimulus Plan

State Rep. Maureen Madden endorsed Wolf’s proposal, stating that it would benefit families facing “serious economic difficulties.”

“We are still experiencing global inflation, and the rising cost of living is impeding the recovery of working-class families, who form the backbone of our communities,” Rep. Madden said.

Additionally, the plan specifies that the federal government will receive the funds if the state government is unable to spend the entire $2.2 billion in federal funding by the end of 2024.

Additionally, Wolf’s plan includes $225 million for lockdown-affected small businesses, $325 million for the state’s healthcare system, and $204 million in property tax relief.

A total of $450 million has been set aside in Pennsylvania for conservation and preservation activities, as well as community “revitalization.” It is unknown how the funds will be spent or whether they will be spent completely.

 

Stimulus Checks Pitch

Governor Wolf took his stimulus check idea on the road this week, speaking at a Salvation Army in Reading on Thursday and outlining his plan to reinvest federal funds in local communities.

“Gas prices are skyrocketing, inflation is skyrocketing, food prices are skyrocketing, and rent is skyrocketing,” he explained. “It’s a gift of $2,000, which you may spend however you wish.”

The initiative has bipartisan support, with Republicans expressing an interest in providing residents with direct cash assistance.

Republican State Senator Dave Argall expressed his appreciation for the funding.

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Is Inflation the Result of a Stimulus Check?

“We believe it should be spent, and we are grateful to have it,” he explained. “We want to spend it wisely to avoid a tax increase when the governor retires.”

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