During the COVID-19 pandemic, there has been a spike in interest in programs that provide a fixed amount of income to users in participating cities - often known as universal basic income or guaranteed income schemes.
At least in part, due to individuals realizing the benefits of this type of thing for themselves. People may have viewed them primarily via a political vision in the past.
As a result, it was much simpler to dismiss such attempts as being too big-government. Consider the premise that the government should ensure that everyone has access to health care, including paying for it.
That was formerly one of the most vehemently fought political battles in the country. Now, isn't it because of the coronavirus? People anticipated the government to cover the costs of testing, immunization, and treatment if they contracted the disease.
The pandemic wiped out companies and wreaked havoc on many state and local economies, prompting people to turn to the government for stimulus checks and other forms of financial assistance.
People can disagree over whether the government's actions along these lines were justified, as per BGR. The reality is, though, that millions of people were expecting it all. And they've been conditioned to accept government action in this way.
It's no surprise, therefore, that a major US city like Los Angeles has recently adopted a new guaranteed income scheme. Other cities, such as Ann Arbor and Chicago, are looking at the same issue.
Los Angeles is, in fact, starting the largest experiment of its kind in the United States. In recent days, the Los Angeles City Council authorized the $40 million Basic Income Guaranteed: Los Angeles Economic Assistance Pilot (BIG LEAP) initiative. It will provide $1,000 per month for a year to around 3,000 low-income households. There are no restrictions on how the recipients can use the money.
Who is qualified for the stimulus payment?
You will not get another payment from this batch of installments if you previously got one under the initial Golden State Stimulus. If that isn't the case, but you otherwise fit the requirements, keep an eye on your bank account or the mail for the money to come in the following days.
You can estimate your payment amount using the Golden State Stimulus Estimator online, but keep in mind that your direct deposit or check will not be mailed until your tax return has been filed. If you wait until after September 1 to submit your tax return, you won't get paid until at least 45 days have gone since the return was processed, The Motley Fool via MSN reported.
If you've already filed your 2020 tax return and match the qualifications, the money from the Golden State Stimulus should arrive via the same route as your tax refund. You can check your previous return to verify if your payment will be mailed or deposited.
This might be the final federal stimulus assistance you receive, so keep an eye out for it while the Franchise Board works through the process of distributing the much-needed relief.
Read Also: These States Are Receiving Fourth Stimulus Checks in November; How Much and How To Get Your Money?
Other types of federal stimulus checks
One of the most important initiatives that we will discuss is the Child Tax Credit. It has already given the Americans tens of billions of cash. Two additional inspections, out of a total of six, are expected to arrive before the end of the year. The next event will take place on November 15. After that, on December 15, there will be one final Child Tax Credit stimulus check.
Per Digital Market News, the Federal Communications Commission offers a temporary broadband discount to low-income customers. Because of circumstances like work-from-home, it is thought that the pandemic has made connectivity more important than ever. This program offers qualified households up to $50 off their internet costs, with tribal areas receiving up to $75 off.
There is a government Homeowners Assistance Fund that homeowners should be aware of. The money may be used for things like mortgage payments, homeowner's insurance, and more. Potential receivers of relief must establish a pandemic-related financial hardship.
Tom Vilsack, the United States' Agriculture Secretary, launched a $700 million incentive program for agricultural and food employees. It includes a one-time $600 stimulus payment to farmworkers and the meatpacking sector in the United States. A part of the $700 million, up to $20 million, would be used to assist grocery shop employees.
Related Article: More Than 1 Million Stimulus Checks Worth $875 Will Be Distributed Today; Will You Get One?
