PITTSBURGH — The statement “inflation is at an all-time high” keeps coming up. So, would a second stimulation check be beneficial?
“I think we need to stop throwing money away because there are so many people out there with no employment and jobs,” Cindy Ruhl, a Shaler resident, said.
Senator Jay Costa’s response to this Shaler woman is that the governor’s new proposal has nothing to do with jobs but rather aids the community by circulating additional funds.
“If a family’s daycare or after-school care costs increased. They have to retrain since their job was lost, and if they require rental or mortgage assistance, home repairs, or transportation, they must do so,” Costa explained.
These are just a few examples of expenses that the government might cover. If your household income is less than $80,000, you may be eligible for a $2,000 reimbursement. The governor proposes to use $500 million from the American Recovery and Reinvestment Act.
“The program would be designed in collaboration with the Departments of Revenue, Human Services, and the State Treasurer. “They’d have people apply to the Commonwealth for reimbursement,” Costa explained.
Individuals and families are not the only ones who will benefit from the idea. According to Costa, smaller businesses that aren’t qualified for PPP loans and are struggling with rising prices will receive $225 million in subsidies.
Ruhl believes this is something she can support.
“I believe you should reclaim the tiny people.” Smaller people, I believe, are being pushed out by large organizations. “I believe we should bring back such mom and pop shops because everyone loves them,” Ruhl added.
Costa stated that if the state does not spend the remaining $2.2 billion from the American Rescue Plan by 2024, it will be returned to the federal government.
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He added that the governor’s proposal would be matched by laws introduced in the Senate and House.