The last time Inflation skyrocketed was in 2008; after that, economic conditions took six years to regain their rhythm. However, in 2022, inflation peaked at 8%, the worst in forty years. Yet, they have recovered from both inflation and post-pandemic.
The job market started thriving last year. Therefore making room...
In Texas, Governor Greg Abbott made it impossible for the Senate to pass a bill regarding property taxes. There were slim to zero chances of them working out. However, finally, he nodded along with the senate house. Before, he rejected almost every bill proposed by the Senate.
They have finally...
Social Security beneficiaries, totally dependent on the SSA and SSI following the end of the federal stimulus checks, have faced high cost-of-living adjustments in recent years due to high inflation. But there were fears that it could end in 2024 as predicted by a section of experts. Even as the...
Stimulus Check payments are being provided by multiple US states, here are the updates for the month of July. These stimulus check payments come as monetary aid to US citizens, under various welfare programs of respective states, as inflation continues to rage in the United States. Due to the...
Several states continue to provide financial assistance through one-time Stimulus Checks, rebates on taxes, tax credits, wealth-sharing funds, and state income tax reductions. The national stimulus payments that were given to American families in the months following the COVID-19 outbreak have now come to a stop.
You can receive hundreds...
Student loan interest, repayment, and collections have all been delayed, according to a prior statement from the U.S. Department of Education.
Up to $20,000 in federal student loan debt can be forgiven per borrower. Despite a federal strategy, it is being challenged in court by a number of states and...
The concept of Universal Basic Income has been tested repeatedly in the US, and it has been successful all around. But there have been doubts about its efficacy. Even beneficiaries cannot believe that the practice of sending regular stimulus checks to Americans will ever be embraced at the federal...
The federal government of the United States of America has long stopped providing stimulus checks to citizens. However, they still owe some of the Americans tax refunds for the year 2019. The IRS has already issued the final notification to the taxpayers stating the deadline to claim their tax...
The Internal Revenue Service has announced the deadline for a stimulus check. This stimulus check in the form of a tax refund of the tax year of 2019, has its deadline announced for the claimants. Eligible claimants now have 6 days to claim their rebate in the month of...
The American Congress passed a series of massive economic stimulus packages that, among other things, sent billions in cash to most American households. The direct federal stimulus checks were sent out over a period of a little over a year in three rounds.
The first of the stimulus checks came...
The state of Los Angeles has taken the initiative to provide qualifying residents with a direct stimulus check in the upcoming days. This stimulus check is being dispensed by a welfare program known as Breathe. Like other US states, Los Angeles too is providing financial stimulus to its residents...
The first term of federal checks was distributed at the pandemic's beginning. It stopped coming in April 2021. The stimulus check under Care Act remained active till March 2021 and April 2020. Later, they stopped sending out checks. In June, after devastating inflation, the economy crashed severely.
Thus, the financial...
The United States of America's central government had stopped giving out any additional stimulus checks to the citizens. On the other hand, the people have been struggling to keep up with the gas, food, and medical expenses that have been on the rise owing to the worst inflation they...
It has been eighteen months since the federal stimulus checks came to a total halt. There have been several attempts by President Biden and Democratic lawmakers to restore some form of stimulus check/ Others have backed the idea of a universal basic income for low and moderate-income Americans.
Stimulus checks...
Stimulus check proposals worth $ 1,200 has been endorsed by House Representative Ilhan Omar. This stimulus check, if enacted, will provide US citizens with monthly payments. There have been two such proposals. According to Representative Omar of which, one will aim at providing a standard income floor for all...
The administration of Social Security had previously announced offering an Income program of Supplemental Security. This Social Security payment will be sent out to the eligible recipients within the next 3 weeks. The SSA schedule has informed the beneficiaries about receiving their next installment within 23 days.
The administration of...
With the increase in the cost of living, quite a number of states have been providing their residents with certain stimulus check payments, as well as tax rebates. In the state of Alaska, the State residents’ annual payment from the Permanent Fund Dividend will include an extra sum of...
The Internal Revenue Service has sent its final reminder to around 1.5 million to collect their unclaimed stimulus checks from 2019. And for those who have not filed their taxes over the past few years, the final chance to claim old refunds is fast closing. Around $1.5 billion lies unclaimed,...
When President Biden prepared to distribute the American Rescue Plan Act in March 2021, a substantial part of the amount of $1.9 trillion was directed toward individuals. The economic impact payment, or the third stimulus check, was huge, comprising 54% of the total funds.
The previous packages under the Trump...
A stimulus check in the form of a tax refund of the tax year of 2019, has its deadline announced for the claimants. This tax refund stimulus check is announced by the Internal Revenue Service. Eligible claimants now have 13 days to claim their rebate in the month of...