The inflation story that keeps raising the cost of living has an unsolvable Catch-22. A new round of stimulus payments will simply worsen inflation by infusing more money into the economy
despite the fact that average people, particularly low-income families, need financial aid to cope with rising costs.
The direct payments and extended tax credits from the epidemic years are no longer available, notwithstanding early-year negotiations.
Depending on who they are and where they reside, millions of Americans may be eligible for stimulus funds this summer and this autumn.
The Gas Rebate Act of 2022 was sponsored in March by a number of Democratic lawmakers. In order to help qualified taxpayers deal with rising gasoline prices,
the legislation would provide them with $100 per month and an additional $100 per month for each qualifying dependant. Eligibility would be determined by income.