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#Economic Stimulus

chronicle99.com

Couple’s Christmas Bonus-$400 Stimulus Check Proposed By State For Earnings Under $150K

Couples with a joint annual income of less than $150,000 can receive $400 as a bonus for Christmas. The citizens of Illinois can get the extra benefit that can add joy to their Christmas celebration. THE U.S. SUN reports on November 27, the republican government proposed the idea of extra benefit in the House of Representatives. Legal authorities in WCIA have said that individuals with annual income less than $75,000 will have monthly stimulus check worth $200. In comparison, couples with gross annual income less than $150,000 will receive monthly stimulus checks worth $400.
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CBS News

What's behind the push for a fourth stimulus check

The IRS has issued more than 169 million payments in the third round of direct stimulus aid, with more than 2 million people in July receiving the $1,400 checks. But some lawmakers are pushing for a fourth round of stimulus aid that would effectively send recurring payments until the pandemic ends.
U.S. POLITICS
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Republic Monitor

Surprise Stimulus Checks Americans To Receive After Christmas

The goal of the American Rescue Plan Act of 2021 is to assist the country in recovering from the devastating effects of COVID-19 on the economy and public health of the United States. This economic rescue bill, which is nearly $2 trillion in total cost, is one of the most expensive in US history.
INCOME TAX
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Cleveland seeking to issue $12 million loan for Shaker Square deal using federal stimulus money earmarked for revenue recovery: Stimulus Watch

CLEVELAND, Ohio -- Since the Shaker Square shopping complex on Cleveland’s East Side was in financial distress before the COVID-19 pandemic, Cleveland officials determined the city could not use American Rescue Plan stimulus money toward a deal to pay off the mortgage on the troubled property. But the city is...
CLEVELAND, OH
Seekingalpha.com

No More Stimulus Checks? 2 Big Yields As High As 9% For A Comfortable Living

The government has provided multiple stimulus checks, but the chances of another are getting slimmer and slimmer. 2020 was unique for many reasons. One thing we saw was an unparalleled amount of governmental intervention in the economy. The government stepped in and shut down large swaths of the economy, putting many jobs at risk, and cutting off income to countless Americans.
BUSINESS
Kingsport Times-News

How Kingsport plans to spend its recovery funds

KINGSPORT — Kingsport plans to use its first round of federal rescue funds on projects and purchases put on hold last year due to the COVID-19 pandemic. In March 2021, Congress passed the American Rescue Plan Act — a $1.9 trillion economic stimulus bill aimed at helping the country recover from the effects of the pandemic. The bill provided a number of tax provisions, changes to health care, grants to small businesses and $350 billion to state and local governments to help with budget shortfalls.
KINGSPORT, TN
thebalance.com

What Is Reflation?

Reflation refers to the increase in prices after a contraction in the economy. Reflation occurs when the economy is below full employment and economic stimulus helps increase demand, which pushes up prices. The period in which prices increase is an important distinction between reflation and inflation. Find out more about...
BUSINESS

Cleveland City Council approves broad categories for spending $121 million in federal stimulus; Mayor Frank Jackson ‘disappointed’ specific projects not included

CLEVELAND, Ohio – Cleveland City Council on Monday approved legislation to spend the bulk of the first half of the city’s American Rescue Plan stimulus money - $26.4 million for public safety, $80.3 million for community and economic development and $15 million for demolition. But outgoing Mayor Frank Jackson’s administrators...
CLEVELAND, OH

Arkansas unemployment down, but less spending expected

LITTLE ROCK, Ark — While more people are going back to work, less people are expected to be shopping this holiday season. It doesn't seem to add up, since you would think more people would be headed back to the stores now that they are making more money. But it...
ARKANSAS STATE
chronicle99.com

Stimulus Payments: Know The Cash Boosts Scheduled Before Christmas

U.S. citizens will get a financial boost ahead of Christmas. The governments of several U.S. states have decided to issue stimulus checks to their residents. The additional monetary support will be a welcome relief for the citizens before the holidays. According to an article published by MARCA on November 26, the government authorities have planned to provide these benefits as universal basic income.
ECONOMY
leedaily.com

Stimulus Check Update: 2021 Final Round Of Payments; Are You Eligible?

In April 2020, the US government introduced an act called CARES (Coronavirus Aid, Relief and Economic Security). This Act was a stimulus package to support qualifying recipients with a one-time payment. Then came the Consolidated Appropriations Act (CAA). Both of these were passed as law during former President Trump’s time...
INCOME TAX
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