News – USA – California approves $ 600 stimulus payments to 57 million people

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Rep. David Chiu, D-San Francisco, center, and other members of the congregation use their smartphones to take a picture while the votes are being cast approving a measure to provide evacuation protection for tenants in the Capitol in Sacramento, Calif., was recorded Thursday, Jan 28, 2021 On Monday, February 22, California legislators approved $ 600 payments for approximately 57 million people

SACRAMENTO, Calif. (AP) – California lawmakers on Monday cleared the way for 5.7 million people to receive one-time payments of at least $ 600 This is part of a government coronavirus relief package designed to help low-income people get through what will hopefully be the final stages of the pandemic

State legislature passed the bill by a wide margin on Monday, moving faster than its counterparts in Congress, who are also considering another round of economic reviews for the nation

Gov Gavin Newsom said he would sign it Tuesday, according to the Franchise Tax Board, people entitled to the money should receive it between 45 and 60 days after receiving their state tax refund

One of these people is Judy Jackson, a 75-year-old former teacher and cancer survivor who was born about May 1Jackson said she would use some of the money to repay a freezer she bought so she could bring groceries to her home and not go shopping during the pandemic

“Most months at the end of the month I worry about running out of money before the month,” said Jackson, who is at greater risk for COVID-19 because of her age and an age-related number of underlying health conditions it becomes possible to have a little more and occasionally buy an ice cream ”

Approximately $ 2.3 billion of the money will go to individuals who apply for and receive the California Earned Income Tax Credit, generally those who are 30 years old or olderEarn $ 000 a year or less

An additional $ 470 million will go to people who, after deduction, do not exceed $ 75Earning $ 000 a year and using a unique tax identification number to file their income taxes These are mostly people without a Social Security number, including immigrants

Some people fit into both categories, in these cases they get 1$ 200, not $ 600 Democratically controlled state law did it because most of the people who file their taxes this way are immigrants who were ineligible for the federal economic reviews approved last year

Approximately $ 993 million will go to people receiving aid from government programs targeting low-income families, the elderly, the blind, and the disabled

California has the money to do this in part because the state – the most populous, at nearly 40 million people – has many wealthy people who are less affected by the pandemic and who continue to pay taxes

“We must acknowledge that this pandemic has not all hit us equally,” said Joaquin Arambula, a Democrat from Fresno, MP

California lost 1.5 million jobs in the past year, mostly low-wage workers in the hotel and restaurant industries, meanwhile, employment has increased for people over 60Earning $ 000 a year or more last year when people were working from home
The bottom line is that California has an estimated one-time surplus of $ 15 billion this year, a number that could increase even further later this year when people resubmit their tax returns

California, Gavin Newsom, Stimulus

News – United States – California approves $ 600 stimulus payments to 57 million people
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Source: https://www.sfgate.com/news/article/California-OKs-600-stimulus-payments-for-5-7-15970810.php