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Keyword: aimeepicchi

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  • Stimulus checks for gas? Some lawmakers are pushing for it.

    03/22/2022 5:02:49 PM PDT · by ChicagoConservative27 · 26 replies
    Cbsnews ^ | 03/22/2022 | Aimee Picchi
    Americans already faced searing inflation when gas prices surged to an all-time high earlier this month. Now, some lawmakers want the federal government to offer stimulus payments or rebate checks to help reduce the pain at the pump. Families with two children could get as much $300 per month as long as the nation's average gas price exceeds $4 a gallon, according to one new bill proposed by Reps. Mike Thompson of California, John Larson of Connecticut and Lauren Underwood of Illinois. All three lawmakers are Democrats
  • Last Child Tax Credit check set to go out. That could push millions of kids into poverty.

    12/15/2021 9:05:24 AM PST · by Oldeconomybuyer · 36 replies
    CBS News ^ | December 15, 2021 | BY AIMEE PICCHI
    Millions of Americans have weathered the COVID-19 pandemic with the help of direct cash payments from the U.S. government, via stimulus checks, extra unemployment benefits and the expanded Child Tax Credit. But that last financial buffer may come to an end on December 15 when the IRS sends out the sixth — and potentially last — check to parents. That would close the door on the nation's biggest federal cash-assistance programs, which began in 2020. Experts credit those six months of direct payments with helping millions of low- and middle-income families afford basics like food, rent and car repairs, as...
  • Could raising the minimum wage prevent thousands of suicides?

    01/10/2020 6:33:23 AM PST · by Oldeconomybuyer · 91 replies
    CBS "News" ^ | January 10, 2020 | By Aimee Picchi
    * Fewer suicides occur when minimum wages are higher during periods of elevated unemployment, according to a new study. * Every $1 increase in the minimum wage is associated with a 6% reduction in suicide for high school grads. * Boosting the minimum wage by $1 could have saved 27,550 lives from 1990 to 2015, the study says. Raising the federal minimum wage, which hasn't increased in more than a decade, might accomplish far more than simply offering U.S. workers a boost in pay. New research suggests that lifting the baseline wage could also stop thousands of Americans from killing...