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California to Distribute 'Inflation Relief' Checks to Millions of Residents

2022-06-28 2,441 Dailymotion

California to Distribute , 'Inflation Relief' Checks , to Millions of Residents.<br />On June 26, California lawmakers and Governor <br />Gavin Newsom reached a budget deal to distribute <br />"inflation relief" checks to about 23 million residents.<br />On June 26, California lawmakers and Governor <br />Gavin Newsom reached a budget deal to distribute <br />"inflation relief" checks to about 23 million residents.<br />The checks of up to $1,050 are part of <br />a $17 billion relief package that will also <br />suspend sales tax on diesel fuel.<br />The relief plan also includes additional aid to help people with the rising cost of rent and utility bills.<br />The announcement comes as drivers <br />in California face the highest <br />gasoline prices in the United States.<br />As of June 27, the average price for a gallon <br />of gas in California was $6.32, approximately <br />29% higher than the national average.<br />As of June 27, the average price for a gallon <br />of gas in California was $6.32, approximately <br />29% higher than the national average.<br />CBS reports that the relief checks <br />will be based on income, tax-filing <br />status and household size.<br />Single taxpayers earning <br />less that $75,000 a year <br />will receive $350 per taxpayer.<br />Couples who file jointly and earn <br />less than $150,000 a year will <br />receive $350 per taxpayer.<br />Those with dependents will also <br />receive an additional $350. .<br />According to local station KCRA, <br />the relief checks are expected to be sent via <br />direct deposit or debit cards by late October

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