Stimulus Check Update as One State to Send out $1,050 Tax Rebate
Economy And Jobs,Stimulus Checks,California,Gas Prices,Inflation
Millions of residents of one state will be receiving direct payments of up to $1,050 to help offset the high price of gas and other goods.
The payments to Californians will go out after Gov. Gavin Newsom and legislative leaders reached an agreement on the framework for the 2022/2023 state budget, the governor's office announced on Sunday.
The plan will use part of California's record-setting $97 billion budget surplus to return money directly to taxpayers.
Twenty-three million Californians will receive payments of up to $1,050 as part of a $17 billion "inflation relief" package, according to a news release from Newsom's office.
Under the agreement, those who earn less and have dependents will receive larger direct payments.
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