State leaders in California have settled on a stimulus relief bill that will soon help residents defray the recent rise in the cost of essential goods like food and gas. In other words, more state government spending will be issued in the hopes of offsetting the rampant inflation that has plagued the American economy for the last year or so.
Last Thursday, Governor Gavin Newsom signed the $17 billion stimulus bill that supporters hope will provide much needed “inflation relief” across the state.
“We have an agreement with the legislature on California’s budget!” the Office of the Governor of California boasted in a tweet late last month. “This budget takes immediate actions to give $ back to millions who are grappling with global inflation and rising costs while tackling some of the greatest challenges of our time.”
As with the stimulus checks issued with the federal government in response to government shutdowns during COVID-19, the California inflation checks will be means-tested. According to CBS, “[A] couple that earns a combined $125,000 and has two children would qualify for $350 per adult plus $350 for their children, for a total of $1,050.”
Keep diggin into that debt hole there Gov. And to think the Donkeys are considering propping up his smiling ass as a nominee. Bwahahahahaha
More STOLEN $$$$$ from Democrat Party !!!!!!!
Just means that as soon as the checks are received prices will jump and increase inflation requiring another stimulus check, ,, ditto. Ditto. Ditto……ad nauseum.