In 2022 the inflation was the worst possible one. It reached the level of 8.8. The country has never faced something like that before. The economists of the country were threatened by inflation. They saw how the economy was crashing. The cry for more payments didn’t stop. It increased day by day. It was indeed a challenging situation to issue more payments. However many states came up with the idea of sending out inflation relief checks to their residents.
Some failed to pass the bill on time. They are now sending them.
Many States Sending Out Inflation Relief Check In 2023
California was the first state to send an inflation relief check last year. Followed by New York, New Jersey, Colorado, and South Carolina.
They shaped their checks differently. Their check varies on different aspects of the state.
Inflation Relief Check starts from hundreds to thousands of dollars.
In California, they set up $6 million for an inflation relief check. Individual residents may receive up to $600.
It would help out marginalized people of the state. Majority of the household find it difficult to keep up with the rising prices of everyday necessities.
Even middle-class families found it difficult to bring food to the table on a daily basis.
They took up two jobs to stay out of the debt situation.
Whereas many drowned in debt.
Massachusetts sends $1200 to families and $600 more, for families with a child. They are worthy of an inflation relief check this time if their annual gross income is $75,000.
Many states opted for another type of check to help their residents. They did not directly think of an inflation relief check. They have created various types of payment. Which they are likely to resume this month. This includes Colorado, Florida, Texas, and Georgia.