The checks are designed as tax refunds, and stem from the state's record-setting $97 billion budget surplus. Who will qualify for an inflation-relief check? The payments are similar to the stimulus checks sent by the federal government in that they are based on income, tax-filing status ...
Vice President Kamala Harris cast the tie-breaking vote in the Senate for the first COVID-19 stimulus package in 2021 which led to inflation, in what critics call a sign of what’s to come in a possible Harris administration. Harris, who is the President of the Senate, has cast the mos...
then the message is clear – headline inflation is likely to drift lower, and the economy needs more stimulus. What the Fed will deliver, however, will still be within the bounds of the 2% inflation target, and thus still falls short of the increase...