As the end of 2023 approaches, many Americans are eagerly awaiting economic assistance from the government. With financial struggles affecting a large portion of the population, several states have taken it upon themselves to provide much-needed relief in the form of stimulus checks.
Alabama, Arizona, Maryland, New York, Virginia, Florida, Georgia, Michigan, Tennessee, and Texas are among the states planning to distribute funds to their residents before the end of November. Each state has its own criteria for selecting recipients and varying amounts to be distributed.
The figures for the stimulus checks are expected to range from $150.00 USD to $2,000.00 USD, with New York offering one of the highest contributions at $500.00 USD to $1,000.00 USD per person. Alabama residents will receive $150.00 USD to $300.00 USD, and Virginia is allocating payments of $200.00 USD to $400.00 USD. Florida and Georgia will provide $450.00 USD and $250.00 USD respectively.
Adjusted gross income (breaking latest news) limits vary by state, but the average for married couples with joint tax returns is $150,000.00 USD. Those with lower incomes, such as responsible households with an average breaking latest news of $112,500.00 USD and singles with $75,000.00 USD, may also be eligible.
However, President Joe Biden’s administration has made it clear that there are no plans to authorize additional stimulus checks at the federal level. The reasoning behind this decision is the improvement of the North American economy following the impact of the Coronavirus pandemic.
Despite the varying criteria and figures across states, the majority of the stimulus checks are expected to be distributed by Thursday, November 30. For many Americans, this financial assistance comes as a welcome relief during challenging times.