63% of Americans support the idea of new stimulus checks to combat hot inflation

[IroNat]

https://finance.yahoo.com/news/63-americans-support-idea-stimulus-110000692.html

However, lawmakers in Washington have given no indication they plan to pass a fourth round of stimulus checks. And some analysts argue it will only aggravate the issue.

“Handing out dollars in an inflationary environment will only make matters worse by driving prices up further,” wrote Beth Akers, a senior fellow at the American Enterprise Institute, in a September blog post.

But that doesn’t mean you’re completely out of luck. Your support may just come from a government a little bit more local.

Here’s a list of what states are offering. Make sure you don’t miss yours.

Alaska

People in Alaska are getting $650 to deal with rising energy prices in the Permanent Fund, which the state sends out every year.

In total, eligible Alaskans are getting $3,284 from the state. Checks starting going out in September.

California

At the end of June, Gov. Gavin Newsom took to Twitter to announce rebates.

Millions of Californians are getting a rebate check of up to $1,050 to help offset the high cost of gas and other goods, known as the middle class tax rebate.

Single people making under $75,000 will get $350 and married couples making under $150,000 will get $700, if a couple has a dependent, that means they get an extra $350, which would total $1050.

Colorado

Coloradans got $750 cash back this summer to help with the rising costs of gas, groceries and other items.

The checks were delivered by mail in August and September to anyone who filed their tax returns by the end of May 2022. About 3 million people should get the check. But if you got an extension on your taxes, you should get your check by January 31, 2023.

Delaware

A relief rebate program was signed in Delaware in April. It’s a one-time payment of $300 per adult to help with the high cost of groceries and gas.

Checks should have been delivered by the end of May to people who filed their 2020 and 2021 taxes. If you waited to file your taxes or missed your payment, you now have until the end of November to claim your check online.

You can check the status of your rebate or apply for one here.

Florida

Families in Florida are getting a one-time payment of $450 per child for those eligible.

That includes foster parents, caregivers and families that are receiving money from the Florida Temporary Assistance for Needy Families program.

Florida First Lady Casey DeSantis made the announcement in July. Nearly 60,000 families are expected to get the funds. If you didn’t get yours, the government suggests giving the Florida Department of Children and Families a call.

Georgia

People in Georgia are eligible for a rebate on their 2020 and 2021 taxes, thanks for a revenue surplus. Bill 1302 was signed into law in March.

Married couples can get up to $500 back, if you file jointly. Single filers can get up to $250 while people who file as head of household can get a maxim of $375.

Hawaii

The state government in Hawaii passed a bill giving tax filers a rebate of $300 if they make below $100,000 and $100 for filers who earn above that threshold.

Direct deposits started going out in September and anyone who requested a paper check should have received that by the end of October.

Idaho

People in Idaho should expect an email notifying them of their rebate. Full time residents who filed taxes in 2020-2021 are eligible.

The government is using two ways to calculate the amount, $75 or 12% of your 2020 Idaho state taxes, whichever is greater.

[loco]

US Inflation Rate:

October 31, 2022   7.75%
September 30, 2022   8.20%
August 31, 2022   8.26%
July 31, 2022   8.52%
June 30, 2022   9.06%

https://ycharts.com/indicators/us_inflation_rate

[Humble Narcissist]

Most Americans just want freebies and don't know or care about the results.

[Primemuscle]

Most Americans just want freebies and don't know or care about the results.

Definitely! Stimulus checks will not fix inflation it will make it worse. The more money people have to spend, the higher prices will go.

[POB]

As long as everyone keeps voting for the guy with the blue tie inflation will get better because they are for the working people

[SOMEPARTS]

Definitely! Stimulus checks will not fix inflation it will make it worse. The more money people have to spend, the higher prices will go.

Did Pat Buchanan take over your account? 

[GymnJuice]

Did the inflation reduction act start working yet?

[Let’sGoBrandon]

Definitely! Stimulus checks will not fix inflation it will make it worse. The more money people have to spend, the higher prices will go.

That is a good thing.

Inflation will crush the elderly liberals who have caused this mess in the first place.

[Humble Narcissist]

That is a good thing.

Inflation will crush the elderly liberals who have caused this mess in the first place.

They'll still vote for democrats.

[GymnJuice]

That is a good thing.

Inflation will crush the elderly liberals who have caused this mess in the first place.

It hurts everyone who has saved their money.

[Let’sGoBrandon]

It hurts everyone who has saved their money.

If we have runaway inflation, then the $20 trillion dollars we owe to China will be paid off with inflationary dollars and will cost us way less.

Can I have some ice cream now?

[Humble Narcissist]

If we have runaway inflation, then the $20 trillion dollars we owe to China will be paid off with inflationary dollars and will cost us way less.

Can I have some ice cream now?

Good point.

[Primemuscle]

Did Pat Buchanan take over your account? 

LOL! I post pure logic and it must have come from someone else... like Pat Buchanan.

[Primemuscle]

That is a good thing.

Inflation will crush the elderly liberals who have caused this mess in the first place.

Well, I am elderly, but it will take more than this inflationary episode to crush me financially. Maybe because I am financially conservative. Folks my age who've paid attention have seen many periods of inflation and survived them.

[Primemuscle]

They'll still vote for democrats.

FYI, this period of inflation was in the works long before Biden was elected. 

[Primemuscle]

It hurts everyone who has saved their money.

Are you saying it doesn't hurt those who spent all their money and then some. Tell me, what do you think caused the housing market crash in 2008. Was it folks saving their money or spending borrowed money on houses they could not afford?

[Primemuscle]

If we have runaway inflation, then the $20 trillion dollars we owe to China will be paid off with inflationary dollars and will cost us way less.

Can I have some ice cream now?

No ice cream for you. With inflation, it costs too much to give it to you little folks.

[GymnJuice]

Are you saying it doesn't hurt those who spent all their money and then some. Tell me, what do you think caused the housing market crash in 2008. Was it folks saving their money or spending borrowed money on houses they could not afford?

I think it hurts those that save more than those that don't. People with savings can't buy as much stuff with the same money. People with debts will have an easier time paying them off because their loans aren't worth as much anymore in today's money.