What is the Effect of Rising Gas Prices on Stimulus Payments?
For months, rumors have been swirling about a fourth stimulus check, but nothing has been done. Even with this petition gaining 3 million signatures to give Americans $2,000/month in stimulus money, no fourth stimulus appears to be on the horizon.
Gas Prices Rising – is this the push needed to grant a fourth stimulus check to Americans?
Fuel prices have risen since the Russian invasion of Ukraine.
Despite economic and financial hardship, Americans need assistance.
Many believe stimulus money has been spent. There were three rounds of stimulus checks for those who were eligible, and that’s where it ends.
The one-time stimulus payments prompted some to say they helped, but others disagree, arguing that they did not help and instead delayed the inevitable like falling behind on their bills or having to relocate.
Many States Created Programs to Help Their Residents.
According to Newsbreak, There are some states getting creative, putting together stimulus checks for residents like these ones.
Read More: There are about 30,000 Puebloans who are qualified for tax breaks.
Some of the items include:
- Raises for local workers
- Bonuses to people who return to work
- Money paid to families with young children
- Bonuses to people who are currently unemployed
- Thank you payments to people who returned to the workforce during the pandemic
- Bonuses to people who filed for the Earned Income Tax Credit in 2019
- One-time bonuses to front line workers
- One-time unemployment bonuses to people who lost their job during the pandemic
American wallets are feeling the pinch as the economy tries to recover, inflation brews, and workers return to their places of work after years of working remotely.
Is this a good time for a new stimulus check?
