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Democrats Weigh Monthly Payments to Relieve Pain at the Gas Pump

streetwisepol March 29, 2022 Business & Economy, Democrats, Economy, gasoline prices, Politics, stimulus checks, US Comments Off on Democrats Weigh Monthly Payments to Relieve Pain at the Gas Pump
Americans could receive monthly payments of $100 for the rest of 2022 in any month when the national average gas prices exceed $4 per gallon, according to a proposal recently introduced by Democratic lawmakers. Rep. Mike Thomas (D-Calif.), Rep. John Larson (D-Conn.), and Rep. Lauren Underwood (D-Ill.) submitted legislation to provide “energy rebates to individual taxpayers” in response to surging gas prices. The measure, called the Gas Rebate Act, includes an additional $100 for each dependent.
The structure for the rebates would be similar to the multiple payouts made since the beginning of the coronavirus pandemic, meaning that they would be phased out for individuals earning more than $80,000 a year or couples making more than $150,000 per 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 …

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