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stimulus

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President Biden just proposed a new stimulus idea that Obama once panned as a ‘gimmick’

June 22nd, 2022

During the 2008 presidential campaign, then-candidate Barack Obama dismissed the effectiveness of so-called gas tax holidays as little more than a “gimmick.” To be more specific, he said they weren’t effective at achieving the stated intent of providing consumers relief from high gas prices. Nevertheless, this is the policy that President Biden on Wednesday has …

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6 stimulus money programs you might qualify for in 2022

May 20th, 2022

At the beginning of this year, it certainly looked like stimulus checks were going to be a thing of the past. A US Senator (Joe Manchin) had just signaled his opposition to continuing President Biden’s child tax credit checks, and that was that. Since then, however, states have taken up the mantle themselves, with one …

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$2,500 stimulus payments available to help some Americans pay rent

May 18th, 2022

The stimulus checks keep flowing — sort of. In the absence of any more such handouts from the federal government, states and cities have taken a piecemeal, ad hoc approach to try and keep all this going on a local level. It’s why, for example, Californians might be getting money to offset high gas prices …

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Millions of Americans get an extra tax rebate soon – here’s when

May 12th, 2022

Americans across the country are set to get another round of free money soon, in the form of everything from tax rebates to stimulus checks, gas cards, and more. The giveaways and handouts, almost exclusively from state governments, come as US inflation remains stubbornly high — although, that said, the month of April did see …

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Stimulus checks made inflation worse, Federal Reserve data shows

May 9th, 2022

Stimulus checks offered a powerful economic lifeline to millions of Americans over the last couple of years. Especially in 2021, the second full year of the Covid pandemic, over the course of which the federal government sent out more than half a dozen stimulus checks. Tens of millions of families got a share of those …

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Special $2,000 stimulus payments are available to people in one state

May 5th, 2022

States around the US are still finding creative ways to give their residents a new stimulus check, at a time when such payments will remain a state and local phenomenon for the foreseeable future. The newest example is the state of Maryland, which is launching a program to help low-income households with water bills. It’s …