Gas Rebate Act of 2022: Stimulus checks proposed as part of new bill

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Gas Rebate Act of 2022: Stimulus checks proposed as part of new bill
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House Democrats introduced a bill last week that would give individuals making $75,000 or less $100 when gas prices exceed $4 per gallon.

, wound 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 rest of the year.“Americans are feeling the impact at the pump of Vladimir Putin’s illegal invasion of Ukraine, and right now we must work together on commonsense policy solutions to ease the 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 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 floor for a vote.

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