( CBS New York ) — Stimulus checks have helped families during COVID, especially those that lost income. The pandemic continues, as the Delta variant pushes case numbers up among the unvaccinated in many states. But life around the country is settling into a new normal, and economic conditions are generally improving. The rising economy isn’t lifting everyone, however. Some people’s finances have improved, while other people’s have not. Unemployment still exceeds pre-pandemic levels, even with jobs widely available in certain sectors. Many states have already discontinued the federal unemployment bonus. Meanwhile, the federal eviction moratorium ends this week, and millions of people are still short of food and behind on bills. As of July 15, the new Child Tax Credit is helping some families. Despite the available aid, a fourth stimulus check might better serve those still in need. Can Americans expect another payment in 2021? That question is still part of the national … [Read more...] about Fourth Stimulus Check: Will Another Another Relief Payment Come This Year?
Social insurance payments
When Congress created Supplemental Security Income in 1972, it left no question about its intentions. The program, lawmakers wrote , was “designed to provide a positive assurance that the nation’s aged, blind and disabled people would no longer have to subsist on below-poverty-level incomes.” Today, it helps ensure the opposite. The maximum annual benefit is $9,528, three-quarters of the federal poverty level. Payments decrease if recipients have more than $85 a month in outside income, and are revoked if they exceed $2,000 in savings. There are penalties for accepting groceries or even shelter from loved ones. The result is that it is structurally difficult to be on S.S.I. and not live in poverty. The shift happened over nearly five decades in which Congress made no major changes to the program, which is run by the Social Security Administration and serves about eight million Americans. The outside income limits, for instance, have never been updated for inflation. Now, as … [Read more...] about How Disabled Americans Are Pushing to Overhaul a Key Benefits Program
White House Press Secretary Jen Psaki lauded President Biden for his purported role in growing second-quarter GDP — even though the American economy missed projections by a large margin. As The Daily Wire reported on Thursday, data released by the Department of Commerce shows that the annualized GDP growth rate rose to 6.5% between April and June of this year. Although improving from 6.3% in the first quarter of 2021, the rate fell far short of economists’ 8.4% estimate. Nevertheless, Psaki released a statement highlighting the President’s policies as an explanatory factor for economic growth: Today’s GDP data are further proof of the remarkable progress we’ve made in jump-starting our economy from one of the darkest moments in its history. With today’s numbers, the U.S. economy has now made up the losses of the last 18 months and surpassed the pre-pandemic GDP peak. In doing so, we’ve grown our economy the first half of this year at the fastest rate in almost … [Read more...] about Psaki Gloats Over Economic Growth Data That Missed Projections
6 ALBANY, N.Y. (AP) — After her work as a substitute teacher in New York City dried up, Ameena Ahmed got a welcome $4,200 boost last summer in federal pandemic-related unemployment benefits. Then New York state started taking it back. She was informed she was not entitled to the federal benefits for the summer of 2020 since city schools had previously told her there was a good chance of more work that fall. That left Ahmed, a 26-year-old Brooklyn resident who earned less than $200 per day subbing, suddenly on the hook for thousands of dollars. “I had to forego on some bills,” Ahmed recalled. “I had to prioritize my food and my rent and the bills that were very important to get by.” State labor officials would not provide data on how many of New York’s more than 29,000 substitute teachers applied for unemployment benefits when the pandemic shut down in-person learning last year, or how many, like Ahmed, were subsequently told … [Read more...] about Aid to unemployed NY substitute teachers clawed back
DVLA warn motorists against using 'misleading websites' Sign up for FREE for motoring tips every driver needs to know SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info DVLA experts have revealed the scams range from demanding drivers to update personal information to claims their car tax remains “unpaid”. All of the email scams appear genuine at first as hackers use a range of deceiving features such as official logos and hyperlinks. Trending READ MORE Fake DVLA services offered on social media sites in new scam The first email claims drivers their recent “Direct Debit payment of £17.06 has been returned”. The message claims drivers vehicle "is not taxed" because the agency was unable to collect payment. The … [Read more...] about New DVLA scam emails ‘designed to trick motorists’ as scammers become ‘more persistent’