Stimulus Payments: Some Extra Payments Could Arrive Near Christmas

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Residents of Illinois should be interested in the following information. According to a recent Stimulus Checks update, Prairie State residents may be eligible for additional payouts during the holidays.

Republicans in Illinois’ House of Representatives, according to the Sun, have proposed the stimulus checks. It arrived last week. If the idea is approved, single taxpayers income less than $75,000 per year will get a $200 payment. Meanwhile, joint filers earning less than $150,000 will receive a $400 tax credit.

Republican state Senator Tom Demmer claims that the stimulus check support will “match” some of the financial assistance provided by the federal government during the last year and a half. “$400 won’t solve all of your issues,” he claimed. However, it has the potential to be beneficial.”

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According to the Illinois lawmaker, the $400 stimulus cheque may cover an extra week or two of groceries as well as a few more utilities bills. “Alternatively, it may be the difference between being able to buy new shoes or winter clothing for your children.”

According to the Sun, another round of stimulus cheques will be distributed to California citizens beginning November 29th. The checks will each be worth $1,100. The additional monies are expected to be distributed to about nine million California residents before the end of 2021.

To be eligible for the latest round of stimulus payments, citizens’ California Adjusted Gross Income (CAAGI) must be between $1 and $75,000. In order for qualifying Californians to receive the future money, 2020 tax returns have to be filed on or by October 15th.

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According to the media site, payments will be made based on the last three digitals of the residents’ zip codes. Residents of zip codes ending in 585-719 will get a cheque between November 29th and December 13th.

In the meanwhile, retiring workers will receive a cash boost in January. This is owing to an increase in Social Security payments of roughly $1,600 per month. California’s stimulus cheques will be the first to feature the 5.9 percent increase. This is the most significant increase in 40 years.

According to Mary Johnson of the Senior Citizens League, one in every five older seniors visits food banks or applies for food stamps. “It’s really concerning that such a huge proportion of poll respondents have been compelled to use food banks.”

This exemplifies the precarious scenario in which households rely on Social Security for the majority of their income. [Especially] when food costs skyrocket.”

According to the group’s research, cost-of-living adjustments have raised Social Security payouts by 55%. Meanwhile, house prices have climbed by 118% in the last two decades.

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