$1,400 Fourth Stimulus Check Update for Social Security, SSDI, SSI Beneficiaries – 4th Stimulus Check Update 2022

$1,400 Fourth Stimulus Check Update for Social Security, SSDI, SSI Beneficiaries - 4th Stimulus Check Update 2022

Friends, I’ve got great news today. More stimulus relief money will be going out to low-income Social Security SSDI SSI Beneficiaries. A brand new bill has also just been approved that will fund new relief programs for billions of Americans. Up to $20,000 in stimulus money can be claimed right now.

Today we received news that our economy had 0% inflation in the month of July 0%. Here’s what that means while the price of some things go up went up last month, the price of other things went down by the same amount. The result zero inflation last month. But people are still hurting, but zero inflation last month. Economists look at the measure of inflation that ignores food and energy prices and they call it core inflation. That’s about the lowest amount in several months. When you couple that with last week’s booming jobs report of 528,000 jobs created last month and 3.5% unemployment and underscores the kind of economy we’ve been building, we’re seeing a stronger labor market where jobs are booming and Americans are working. And we’re seeing some signs that inflation may be beginning to moderate. That’s what happens when you build an economy from the bottom up and the middle out. The wealthy do very well and everyone has a chance. It gives everyone a chance to make progress. Now I want to be clear. With the global challenges we face from the war in Europe, the disruption of supply chains, and pandemic shutdowns in Asia, we could face additional headwinds in the months ahead.

Our work is far from over. But two things should be clear. First, the economic plan is working and second is building an economy that will reward work. Wages are up this month, provide opportunity, help the middle class, and still have.

Friends, I have some great news for seniors that live in the state of New York. Older New York homeowners could be in line for expanded tax relief in the state under legislation that was just approved by Governor Kathy Houth. The measure will allow local governments to increase the maximum allowable income eligible for property tax exemption to $50,000 for individuals who are 65 and older, as well as people with disabilities. The measure will increase the current limit set at $29,000 a year for older New Yorkers who reside outside of New York City. The new law is part of a legislative package meant to strengthen home ownership and affordability in the state Governor Kathy Hochel said, I am proud to sign these bills to put money back in the pockets of New York homeowners and help seniors and families stay in their homes. With inflation and rising costs putting a strain on families nationwide, this legislation will help to ensure that New Yorkers, from seniors to first time home buyers, get some much needed relief. Another measure approved by Governor Hochel will extend the option for municipal governments to provide a property tax exemption for first time home buyers who are purchasing newly constructed homes through the year 2028, extending a provision that was set to expire by the end of this year.

Governor Houthu approved a law that will strengthen benefits with a timeline designed to be more flexible for older homeowners who are in desperate need of making emergency repairs. Governor Holtzhou also announced more than $64 million in federal funding to help struggling New Yorkers with children with their expenses amid the ongoing crisis. The Emergency Fund will provide one time payments to help with the cost of diapers for struggling families, cover food expenses for households with both children and older adults, and also provide housing assistance. The State of New York will issue one time payments to all families enrolled in Snap that have a child under the age of three years old. Families will receive $140 per eligible child to assist with the cost of diapers with the funding anticipated, tell roughly 128,500 New York households.

President Biden’s approval rating rose to its highest level in two months in a newly released poll. Biden’s approval rating rose to 40%, up two percentage points, while his disapproval rating fell to 55%. The increase is partially fueled by more Democrats approving of President Biden’s job performance. The poll also showed that Biden’s approval among Democrats rose nine points from last month to 78%. Only 12% of Republicans approved of Biden’s performance, according to the poll. Biden’s approval rating hit the lowest point in May at 36%, and it has remained below 50% since August 2021. The US. President’s improved performance in the poll comes as he has attained a series of legislative and other successes. President Biden successfully pushed for Congress to pass the Chips and Science Act to provide billions of dollars to the domestic semiconductor industry. The Senate also passed the Inflation Reduction Act on Sunday after Senate Majority Leader Chuck Schumer and Senate Democrat Joe Manchin had reached a climate deal, healthcare and tax package, and the House plans to take up the bill this week, Democrats are seeking to avoid or minimize the historical trend that a new president’s party loses seats in Congress in the midterm elections.

Lawmakers in the Part have expressed hope that the administration and party successes could improve their prospects this November. So, friends, what are your thoughts on President Biden’s new approval ratings?

 

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