GOVERNOR Gavin Newsom of California said the state will send stimulus checks to two-thirds of its residents in an expansion of the “Golden State Stimulus” plan.
The expansion means qualifying residents will receive a one-time stimulus payment of $600 or $1,200, and families with children will receive another $500.
The Golden Stata plan was announced earlier this year, but the expansion was announced Monday.
The move comes as Americans wait to see if a fourth round of stimulus payments could potentially be included in President Joe Biden’s next coronavirus relief package.
Biden is currently working on two stimulus proposals, which currently focus on creating jobs and supporting families respectively, and do not include another stimulus payment at the moment.
However, many are hopeful that additional stimulus checks and student loan forgiveness will also make the cut.
Biden has told Americans how to track their $1,400 stimulus check using the IRS tool in a letter that you must keep.
The letter was sent out to Americans that have received a third stimulus check, last month.
The document, on The White House letterhead and signed by “President Joseph R. Biden Jr.” was addressed to “my fellow American.”
It went on to detail the elements of the American Rescue Plan that was signed into legislation on March 11.
Read our stimulus live blog for the latest on Covid relief money…
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IF YOU OWE PRIVATE DEBT, YOUR STIMULUS CHECK MAY HAVE BEEN SEIZED
If you still haven’t received your stimulus check and you owe private debt, it may have been seized.
The third round of checks is subject to being seized by private debt collectors.
You should check with your bank or use the Internal Revenue Service’s Get My Payment tool if you’re still awaiting your relief payment.
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IRS SAYS DON’T CALL IF YOU HAVEN’T RECEIVED YOUR STIMULUS PAYMENT
If you haven’t yet received your $1,400 stimulus check, the Internal Revenue Service doesn’t advise calling them about it.
The IRS website states: «Our phone assistors don’t have information beyond what’s available on IRS.gov.»
Americans who are still waiting for the payment should check the IRS Get My Payment tool instead.
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CALLS MOUNT FOR A FOURTH STIMULUS CHECK RELIEF PAYMENT
Even as supplemental payments go out as part of the third stimulus check release, calls are mounting for Congress and President Joe Biden to consider a fourth stimulus payment.
More than 75 lawmakers support a further round of stimulus checks, potentially recurring until the end of the Covid-19 crisis.
A Change.org petition for monthly recurring checks of $2,000 has gained over two million signatures.
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SUPPLEMENTAL STIMULUS PAYMENTS GOING OUT FOR SOME AMERICANS
The Internal Revenue Service is still sending out some supplemental payments to certain Americans who qualify as part of the third stimulus check round.
«Plus-up» and supplemental payments are still being sent to people who qualify.
The IRS says these payments are «for people who earlier in March received payments based on their 2019 tax returns but are eligible for a new or larger payment based on their recently processed 2020 tax returns.»
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MORE STIMULUS PAYMENTS SET TO GO OUT
Another batch of payments should be released this week with more $1,400 stimulus checks for people who are still awaiting them.
The IRS is expected to issue one to three million $1,400 coronavirus stimulus checks after the last round was issued last week.
Bonus «plus-up» and supplemental payments are also still going out.
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CHECK THIS IRS TOOL IF YOU HAVEN’T RECEIVED STIMULUS PAYMENTS
If you are still waiting on your third stimulus check or other relief payments, the Internal Revenue Service has set up a system for you to track it down.
The IRS’ Get My Payment tool can help you figure out what happened to missing payments.
The IRS advises not call if there’s an issue, but to instead use the Get My Payment tracker for assistance.
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MONTANA GOVERNOR ANNOUNCES END TO FEDERAL UNEMPLOYMENT IN HIS STATE
Governor Greg Gianforte announced last week that Montana is ending its participation in federal pandemic-related unemployment benefit programs.
“Montana is open for business again, but I hear from too many employers throughout our state who can’t find workers. Nearly every sector in our economy faces a labor shortage,” Gov Gianforte said in a statement.
«Our return-to-work bonus and the return to pre-pandemic unemployment programs will help get more Montanans back to work.”
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TWO-THIRDS OF CALIFORNIANS TO BENEFIT FROM GOLDEN STATE STIMULUS PLAN EXPANSION
Governor Gavin Newsom said California will send stimulus checks to many of its residents in an expansion of the “Golden State Stimulus” plan in an announcement he made Monday.
«We’re announcing a $12 billion tax rebate to the people of the state of California earning up to $75,000,» Newsom said at a press conference.
«Let me put that into perspective. That tax rebate will impact just shy of 80 percent of all tax filers, will get a direct stimulus check, will get a direct relief payment because of this announcement,» he said.
«Two-thirds of all Californians will benefit from this stimulus. That’s roughly $12 billion.»
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HOW MUCH WILL CALIFORNIA RESIDENTS RECEIVE IN NEW STIMULUS PLAN?
Gov Gavin Newsom said California will send stimulus checks to two-thirds of its residents in an expansion of the “Golden State Stimulus” plan in an announcement made Monday.
Qualifying residents will receive a one-time stimulus payment of $600 or $1,200.
Additionally, families with kids will receive another $500.
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HUNGER RATES DOWN AFTER TWO ROUNDS OF STIMULUS PAYMENTS
The percentage of Americans struggling with hunger is now at its lowest level since the pandemic started after two rounds of relief payments.
Data released by the U.S. Census Bureau this week shows the percentage of adults living in households that sometimes or often did not have enough to eat dropped to a little over 8 percent late last month, down from almost 11 percent in March, Politico reported.
The dip comes after billions of dollars in stimulus money went out to many eligible Americans.
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TWO-THIRDS OF CALIFORNIA RESIDENTS WILL RECEIVE STIMULUS CHECKS AFTER PROGRAM EXPANSION
Gov Gavin Newsom of California said the state will send stimulus checks to two-thirds of its residents in an expansion of the «Golden State Stimulus» plan.
Newsom said Monday that qualifying residents would receive a one-time stimulus payment of $600 or $1,200.
Families with kids will receive another $500.
«$$$ back in your pocket,» he tweeted alongside some alert light emoji.
«Two out of every 3 Californians will receive a check of at least $600 — and families with kids will receive another $500.»
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SHEETZ ANNOUNCES ‘SUMMER STIMULUS PROGRAM’ FOR NEW HIRES
As Americans wait to see whether or not Congress and the Biden administration will approve a fourth stimulus, some companies are taking matters into their own hands and offering their own «stimulus» to employees.
Sheetz said Monday it’s raising the hourly wage for its 18,000 store workers an additional $2 per hour, and announced a $12 million investment in a «summer stimulus program.»
That program will offer store employees an additional $1 per hour wage increase from May 21 until Sept. 23, according to WTAE-TV.
“To attract and retain top talent, we know we need to continue to invest in our employees,” Sheetz President and Chief Operations Officer Travis Sheetz said in a news release.
«That investment includes more than just competitive wages.»
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YOUR HEALTH INSURER COULD SEND YOU ANOTHER STIMULUS CHECK
Among the proposals in President Joe Biden‘s American Families Plan is the extension of the Obamacare subsidies, which was originally passed in March’s $1.9trillion American Rescue Plan.
Private insurance companies are expected to shell out $2.1billion in rebates to more than 10.7million policyholders this fall.
The average customer who bought health insurance on the individual market will receive a $299 cash rebate in the fall.
The cash rebates will arrive to customers because a number of insurance companies failed to meet the Affordable Care Act medical loss ratio threshold in 2020.
The threshold required insurers to spend at least 80 percent of premium revenues on health care claims or quality improvement activities.
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PETITION CALLS FOR RECURRING $2,000 STIMULUS CHECKS
A Change.org petition urging more Covid relief money has more than 2 million signatures.
The petition was started last year by restaurant owner Stephanie Bonin and asks for “a $2,000 payment for adults and a $1,000 payment for kids immediately, and continuing regular checks for the duration of the crisis.”
“Congress needs to make sure that we won’t be financially ruined for doing our part to keep the country healthy,” she added.
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WATCH: CALIFORNIA STIMULUS CHECKS WILL BENEFIT 2/3 OF RESIDENTS, SAYS GOVEROR GAVIN NEWSOM
California stimulus checks will benefit 2/3 of residents, Gov Newsom says
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FURTHER STIMULUS PAYMENTS WILL BE UP TO CONGRESS AND NOT THE PRESIDENT
During a press conference in early May, the White House Press Secretary noted that Congress will decide on any continuing rounds of stimulus payments.
“We’ll see what members of Congress propose, but those are not free,” Jen Psaki said.
She noted that the increased child tax credit is set to help countless families in the meantime.
“If passed, the families of tens of millions of children will continue to get regular payments,” she said.
“Obviously, we’re continuing to evaluate what their needs are — to continue to get the pandemic under control, put people back to work, but we think that’s a proposal with a long-term benefit.”
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AMERICANS SHOULD TRY TO CLAIM STIMULUS PAYMENTS BEFORE MAY 17
Americans who have not received stimulus check payments should do so before the May 17 tax filing deadline.
People who are not normally required to file a federal tax return must do so in order to get the first or second payments as a refund.
The Internal Revenue Service has said that it has received 11 million 2020 returns as of April 15,
Check the IRS Get My Payment tool if you have not received any of your stimulus payments.
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SOME AMERICANS ARE RECEIVING ‘PLUS-UP PAYMENTS’ AS PART OF STIMULUS RELIEF
More than 570,000 Americans should be receiving a plus-up payment as part of stimulus relief.
You could be eligible if you didn’t qualify for the full payment based on your 2019 tax filings but do based on last year’s tax return.
If you haven’t filed your 2020 tax return but qualify for the plus-up payment, the IRS will send it after the filing and once your situation has been updated.
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MORE THAN 75 LAWMAKERS SUPPORT MORE STIMULUS CHECKS
Over 75 lawmakers now support a further round of stimulus checks to help Americans financially during the Covid-19 pandemic.
In January, Democratic Rep. Ilhan Omar of Minnesota and 55 other Democratic legislators called for recurring payments in a letter to President Biden.
“Recurring payments would provide a long-term lifeline to struggling Americans for the duration of this deadly pandemic,” the letter read.
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DON’T CALL THE IRS IF YOUR CHECK IS DELAYED
Frankly, you won’t get an answer you can’t already find out online.
The IRS is urging those who still have yet to receive their stimulus checks to hold off on calling the agency considering their phone operators wouldn’t be able to give any more information that isn’t already available online.
The IRS website states: “Our phone assistors don’t have information beyond what’s available on IRS.gov.”
Americans should check the IRS Get My Payment tool – especially if you need to find out where your cash is.
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CHANCES OF A FOURTH STIMULUS CHECK LOOKING LESS LIKELY
The likelihood of a fourth stimulus check hitting your bank account is looking less and less likely as the federal government is nearing an end regarding how much ample funds it house to dole out to Americans.
Plans to support a fourth stimulus check are looking less likely as the IRS spends another $2 billion to send checks to those who are eligible for the third round of stimulus payments.
However, there’s renewed hope Congress will approve another round of stimulus payments as part of Joe Biden’s next stimulus package.
More than 75 lawmakers now support a further round of stimulus checks, possibly with recurring monthly payments until the end of the pandemic.
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INTERNET SEARCHES ABOUT A FOURTH STIMULUS CHECK JUMPED DURING BIDEN’S CONGRESS SPEECH
Americans are very interested in a fourth stimulus check.
Online searches for “Biden fourth stimulus” and other related terms jumped by 250 percent during President Joe Biden’s joint address to Congress, according to Newsweek.
A recent study found that a majority of Americans support recurring stimulus checks until the end of the COVID-19 pandemic.
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YOUR HEALTH INSURER COULD SEND YOU ANOTHER STIMULUS CHECK
Among the proposals in President Joe Biden’s American Families Plan is the extension of the Obamacare subsidies, which was originally passed in March’s $1.9trillion American Rescue Plan.
Private insurance companies are expected to shell out $2.1billion in rebates to more than 10.7million policyholders this fall.
The average customer who bought health insurance on the individual market will receive a $299 cash rebate in the fall.
The cash rebates will arrive to customers because a number of insurance companies failed to meet the Affordable Care Act medical loss ratio threshold in 2020.
The threshold required insurers to spend at least 80 percent of premium revenues on health care claims or quality improvement activities.
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FOR LATE TAX FILERS: FIRST $10,200 UNEMPLOYMENT BENEFITS ARE TAX FREE
People who were on unemployment in 2020 may be able to get a tax break this year.
If you received unemployment insurance benefits in the US in 2020 and paid taxes on the benefits, you may be eligible for an additional refund from the IRS.
The American Rescue Plan Act included a $10,200 tax exemption that gives people who paid on those benefits a tax break on the unemployment benefits they received, at least for federal taxes.
The IRS is set to refund money to people who filed their tax returns before the unemployment tax break changes in the Plan regarding the exempt UI taxes went into effect.
If you are owed money thanks to this tax exemption and due to having already completed your tax return, the IRS will send you the money automatically.
You do not need to file an amended return in order to get this potential refund.
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HOMEOWNERS CAN GET OVER $3,000 IN MORTGAGE RELIEF
New homeowners can get more than $3,000-a-year in mortgage relief thanks to stimulus aid.
The Mortgage Stimulus Program is designed to help average US citizens as well as stimulate the economy.
Homeowners could get up to $307 a month, equivalent to $3,252 a year.
The money can go towards various expenses such as home improvements, remodels, debt or other bills.
Only single-family homes are eligible and apartments and mobile homes are excluded.