At the onset of the coronavirus pandemic, the American economy immediately fell into recession, with unemployment spiking to 14.8%, the highest since records began in 1948.
In response, the U.S. government passed a series of stimulus packages that, among other things, kept 11 million Americans out of poverty, according to data from the U.S. Department of Health and Human Services.
While the immediate effects of the coronavirus pandemic are now in the rear-view mirror, another threat to the economy has reared its head in 2022 — inflation, which spiked to its highest levels in 40 years.
CaliforniaDetails are still being hammered out, but it seems as if California residents who have a registered car will receive a check of $400 per car owned, up to two, before the end of the year.
ColoradoColorado Gov. Jared Polis signed a bill in late May to send payments of at least $400 to taxpayers this year. Payments are expected to arrive in September.
DelawareDelaware was one of the first states working toward offering relief to state residents, with one-time “relief rebate” payments of $300 sent out to taxpayers who have filed their 2020 state tax return by the end of May.
GeorgiaGeorgia Gov. Brian Kemp signed legislation to distribute rebate payments of $250 for single filers, $375 for heads of household and $500 for joint filers.
HawaiiHawaiian legislators have approved Gov. David Ige’s proposal to send $300 rebates to state residents earning less than $100,000 per year, and $100 rebates to those earning more. Payments might begin processing in late August.