With the price of gas increasing exponentially in several American states, it seems a given scenario that the government would be issuing a stimulus check payment.
As it stands, there are places in the country where one would have to pay a sum of $6 per gallon, but it definitely also depends on the state as well as the local resources that they possess. Things have been getting progressively worse for the citizens of the country- so much that the government has been looking in to step in with financial relief.
Just like the payments were issued during the Covid pandemic, there have been multiple talks about issuing a gas stimulus to give the Americans some relief. Now, no one in the federal legislature has been able to chalk up the correct course of action, but a broader view would suggest that a gas price situation could be addressed properly through a stimulus payment. Lauren Underwood, John Larson, and Mike Thompson, the Democratic senators who initially launched such a proposal, would be elated with this development.
Stimulus Check Under the Gas rebate Act to be Issued
The Gas Rebate Act of 2022, under which the stimulus check payment will be sent to the citizens of the country, will issue a check of $100 for every month that is left in the year- when the average price of gas is far more than $4 a gallon. If someone eligible also has dependents, they would be receiving a sum of $100. A sliding scale on income will be the way it is chalked out with individuals earning less than a sum of $75,000 annually receiving the complete $100.
Now, while the Gas Rebate Act 2022 hasn’t been passed completely, it has given the states in the country the impetus to launch their own stimulus check payments. Some of the states have even started looking forward to a gas tax holiday which would reduce some of the prices as well as the pressure.