Stimulus Checks have been one of the best things that happened to Americans. The administration of Joe Biden issues the checks when America was plunged into darkness. Financial assistance acted like a boon for many households. The administration of Joe Biden designed stimulus checks in the month of March. The checks catered to a lot of Americans. It also helped to reduce the financial burdens on the common masses. However, after the rolling out of the third check, there seems to be no possibility of more payments.
The federal government designed the plan in the month of March. They have sent out three rounds of stimulus checks so far. The third round of payments was sent out by the IRS recently. The checks were worth $1400. These were sent out as direct payments to qualified individuals. People earning below $75000 were entitled to receive the stimulus payments. According to reports, the money provided is not enough to see the Americans for long. The amount received by the citizens will soon be used up.
Most households have a huge backlog of payments like rent. The shutdown made many Americans lose their jobs. However, there has been speculation about some new stimulus checks that might be announced for this fall. Let us find out about them in detail below.
Stimulus Check From California, Colorado, Delaware And More
Stimulus Checks have been announced by a number of States in America. California has always been the most proactive state in this regard. The residents of California have received the Golden State Stimulus previously. They are once again in line for receiving up to $1050. These payments are likely to be rolled out from mid-October this year to mid-January of 2023.
Another state that has announced tax rebates and stimulus checks in Colorado. Colorado Cash Back Bill will provide the eligible ones with money up to $750. Joint filers can get $1500 as their stipulated aid. States like Florida, Delaware, Georgia, Hawaii, etc have also decided to go forward with the stimulus check.