According to SpotlightPA.org, Penn State has $4.9 billion in excess tax income and $2.2 billion left over from stimulus checks, and officials on both sides of the aisle are backing many ideas to spend the money.
A plan by Governor Tom Wolf would provide certain citizens of the state with a $2,000 stimulus check. There would be an additional $500 million from the American Recovery and Reinvestment Act that would be allocated to the Pennsylvania Opportunity Program, which would aid families with annual earnings of less than $80,000.
Another Stimulus Check Proposal To Homeowners
However, many Republicans are reportedly against the proposal because they fear it would increase inflation, as reported by WGAL.com.
Another plan would provide funding to landlords and tenants to repair rundown homes. The Republican-backed Whole Homes-Repair Fund would help prevent the collapse of Coal Region housing and save the state money.
Democrats and Republicans have both expressed support for funding environmental initiatives including those aimed at restoring the Chesapeake Bay and its tributaries and restoring clean water supplies and state park infrastructure.
The state will address the pollution problem in the Susquehanna River watershed this year as well, according to the chair of the House Appropriations Committee, Stan Saylor. There was a recession in 2020 and 2021, but the US economy is already recovering. Despite the passage of ten years, many individuals are still playing catch-up in terms of their financial security.
The goal of the American Recovery and Reinvestment Act (ARRA) was to stimulate the economy by creating new employment, boosting consumer spending, and assisting hard-hit communities via public works projects.
Stimulus check money is not doled out uniformly, which could come as a surprise. In reality, those with lower incomes are getting disproportionately greater benefits.
Upper-income families will get lower stimulus cheques than those at the bottom of the income category, and some may even get no payment at all.