Chances are, the federal government isn’t going to issue a fourth stimulus check any time soon. In his speech to Congress, Biden’s positive words about stimulus checks indicate that he’s open to more such payments, but he hasn’t addressed that issue directly. However, if you reside in New York, Florida, Indiana, or California, there may be tax refunds and stimulus checks coming your way.
Stimulus checks in California and New York
In January, California Governor Gavin Newsom stated that an additional stimulus payment was likely. Although further tax rebates were not part of the governor’s initial proposal, he said the revised budget in May would include an additional rebate for taxpayers. The exact details of the rebate, however, have not been announced.
New York’s $2.1 billion stimulus check fund has already been distributed to over 130,000 applicants. The fund was designed for illegal aliens who were unable to access the stimulus checks issued by the government. Since the fund has been completely allocated, the New York Department of Labor is under pressure to offer more checks to illegal aliens in the state.
Stimulus checks in Florida and Indiana
Florida has allocated cash in its $99.7 billion budget to give teachers a ‘stimulus check’ bonus that amounts to $1,000 per individual. The budget also allocates more funding for the state’s police department.
It may not be a whole lot, but residents of Indiana will receive an extra $125 in tax rebates once they file their taxes. This refund, however, is not COVID-related. As per Indiana’s law, if the cash reserves of the state are at least 12 percent of general fund appropriations, some of the money must be paid back to taxpayers.
Biden has proposed an alternative solution to aid American families: a temporary extension of the child tax credit, which would give families a monthly payment of up to $300 per child during the second half of this year. The President has refrained from publicly discussing the fourth round of stimulus checks because he wants to avoid criticism of the plan. During the third installment of direct payments, some Republican lawmakers and even a few Democrats questioned whether the payments were necessary, pointing out that some recipients were not eligible for them.
The President has asked Congress for nearly $4 trillion in new spending to fund an infrastructure package and a “families plan.” In addition, Biden has proposed raising taxes on corporations and wealthy Americans to help pay for his agenda.
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