New Stimulus Package in the House | More Checks in 2022

New Stimulus Package in the House | More Checks in 2022
House Democrats introduced a bill last week that would give individuals making $75,000 or less $100 when gas prices exceed $4 per gallon. Reps. Mike Thompson, D-Calif., John Larson, D-Conn., and Lauren Underwood, D-Ill., introduced the bill, known as the Gas Rebate Act of 2022. The proposal, according to a press release on Rep. Thompson’s website, would send individuals making $75,000 or less — or joint filers making $150,000 or less — $100 every time gas prices go above $4 per gallon in any month for the stimulus rest of the year. Individuals also would receive $100 for each dependent. “Americans are feeling the impact at the stimulus pump of Vladimir Putin’s illegal invasion of Ukraine, and right now we must work together on commonsense policy solutions to ease the stimulus in the house financial burden that my constituents are feeling,” Thompson said in a statement. “The Putin Price Hike is putting strain on our economy, and I am proud to be working with Reps. Larson and Underwood to introduce this legislation to provide middle-class Americans with monthly payments to ease the stimulus in the house financial burden of this global crises,” he added. Despite the pressure from lawmakers, it is unclear if this bill will make it to the House more checks in 2022 floor for a vote.

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