Fourth Stimulus Check Update: States Playing ‘Santa Claus’ With New Payments Ahead Of Holidays – By Lauren Dubois (IB Times) / Nov 19, 2022
Americans have been hit hard by continued inflation, even with some prices starting to decline. However, in some states, they are potentially still getting a reprieve potentially before the holiday season comes to a close in the form of a new stimulus check.
Thanks to states being more flush with cash thanks to a budget surplus, several have sent out or made plans to send out payments to residents who are struggling with rising costs from inflation. Others have offered relief in the form of tax cuts and tax holidays to try and help ease the burden. The amount of cash they have because of surplus cash from COVID-19 relief funds and higher tax revenues can allow certain ones to be extraordinarily generous to their residents.
“This lets states play Santa Claus,” Richard Auxier, a senior policy associate with the Tax Policy Center, told the New York Times.
