Will More Stimulus Checks Be Issued In 2022 As The New Year Approaches?
The calendar year is drawing to a close. A stimulus check was given on December 28th, which may have been the final one. What more financial assistance may people of the United States expect? Many people in the United States were hoping for a fourth stimulus check.
State Aid vs. Federal Assistance
This will most likely not be released at the start of next year, as had been proposed previously. This could be due to Senator Manchin’s refusal to support President Joe Biden’s Build Back Better Act, which has a 50-50 chance of passing in the Senate. What kind of relief or benefits can people of the United States expect before the new year and in the first few months of 2022?
States That Provide Assistance on a Local Level
While the federal government has indicated that it will not provide any additional assistance, a number of states have pledged to provide assistance to their citizens. This may alleviate some of the worries that have been raised in the wake of the Omicron variant outbreak. Such assistance may be able to bring some relief to vulnerable residents in the United States.
As a result, certain states in the United States are providing more financial assistance to their inhabitants. The following states and towns have committed to providing additional stimulus cheques or financial assistance in the coming year:
Let’s take a quick look at the kind of relief and stimulus checks that these states have promised to provide to their constituents.
Starting with the state of California, according to the reports, the state’s Tax Franchise Board is set to make more than nine million payments under the Golden State Stimulus II programme. The checks, which vary between $600 and $1,100 in value, are issued to qualifying residents who earn less than $75,000 per year on a monthly basis.
According to the reports, qualifying families earning less than $35,000 per year in Chicago will be eligible to receive UBI payments. Families in this category will get a monthly payment of $500. In the current condition of affairs, 5000 households in this state will benefit from these payments, which are partially funded by the American Rescue Act of 1980. According to the-sun.com, this measure was signed into law by President Joe Biden in March of this year, and it takes effect immediately.
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In Columbia, the CLIMB programme provides ongoing support to 100 fathers who have enrolled in the programme. The initiative is run entirely on a philanthropic basis, which means that no public resources are used to support it. Each of these fathers received a debit card with a monthly value of $500. The payments will be made until September of the following year, in 2022.
As reported by the-sun.com, the city of New Orleans is providing some assistance in the form of $350 in stimulus payments. This sum will be distributed on a monthly basis to 125 selected teenagers through the use of a stimulus check. This is part of the state’s financial literacy initiative, which is being implemented. Funds will be provided to young citizens between the ages of 16 and 24 who are either unemployed or not enrolled in formal education.