Stimulus Check needs are getting more and more inevitable. As the economy starts to recover, people are facing more difficulties. The financial crisis is expected to hit an all-time high. With the rapid recovery of the economy comes the threat of inflation. The prices are expected to rise by a fair margin. This will only add to the already existing financial agony to the people. Thousands of families are facing difficulties in meeting their household expenses. The federal government does not seem interested in providing more money. However, the states seem to have come to the rescue of the people. Most of the states have announced financial assistance for the residents.
Stimulus Check Money Announced By States, Is Your State In The List?
The first state to have announced monetary assistance is California. Governor Gavin Newsom has designed the “Golden State Stimulus“. The program provides a sum of $600 for all the residents of California. However, to qualify for the payment, you need to meet a criteria. Individuals must not earn more than $75000 per year to receive the money. Teachers in California will also get a handsome amount of $1000 as a stimulus check.
Other states have followed suit as well. Colorado will provide $375 to all the registered unemployed residents. Maryland provided their residents with fundings as well. They will provide $500 to the families and $300 for individuals in the Earned Income Tax Credit scheme. Florida, Georgia & Tennessee have announced $1000 checks for all their teachers. These were tokens of appreciation for all the education workers.
New Mexico has designed a fund of 5million dollars. This money will be given out to all the residents who did not receive the benefits from the federal government. A Stimulus Check worth $500 will be rolled out for the teachers of Michigan. These announcements will surely lighten up the moods of the citizens amidst the threatening pandemic.