<p>Some residents of <a href="http://dailywire.com/topic/california" target="_blank" rel="noopener">California</a> are slated to receive <a href="http://dailywire.com/topic/inflation" target="_blank" rel="noopener">inflation</a> relief checks of more than $1,000 in the coming weeks.</p>
<p>Married individuals earning under $150,000 and taking care of a dependent are eligible to receive a check of $1,050, according to a <a href="https://www.ftb.ca.gov/about-ftb/newsroom/middle-class-tax-refund/index.html?WT.mc_id=akBFF">website</a> from the California Franchise Tax Board, with benefits falling by income bracket before reaching $400 for couples who earn between $250,000 and $500,000. Singles earning more than $250,000 or couples earning more than $500,000 are not eligible for relief.</p>
<p>“We enacted the most comprehensive economic stimulus program in the nation last year, getting billions in immediate relief to millions of Californians. But many folks are still struggling, especially with high costs due to inflation, so we’re leveraging this historic surplus to get money back into the pockets of Californians,” Governor <a href="http://dailywire.com/topic/gavin-newsom" target="_blank" rel="noopener">Gavin Newsom</a> (D-CA) said in a <a href="https://www.gov.ca.gov/2022/05/12/governor-newsom-proposes-18-1-billion-inflation-relief-package/">statement</a> earlier this year. “This inflation relief package will help offset the higher costs that Californians are facing right now and provide support to those still recovering from the pandemic.”</p>
<p>Inflationary pressures have weighed upon the broader American economy for the past two years. Price levels between August 2021 and August 2022 rose 8.3%, according to <a href="https://www.bls.gov/news.release/cpi.nr0.htm">data</a> from the Bureau of Labor Statistics, marking a slight moderation from an 8.5% year-over-year increase in July and a 9.1% year-over-year increase in June.</p>
<p>Earlier this year, Newsom <a href="https://www.dailywire.com/news/newsom-pushes-400-gas-price-relief-payments-as-california-fuel-prices-reach-record-levels">proposed sending residents</a> stimulus checks of $400 per registered car for up to two vehicles, as well as free public transit for three months, in order to mitigate soaring gasoline prices. After surpassing a nationwide average of <a href="https://www.dailywire.com/topic/gas-prices">$5.00 per gallon</a> in early June, gas prices have somewhat subsided to $3.70 per gallon as of Friday, according to <a href="https://gasprices.aaa.com/">data</a> from AAA, while prices in California still remain at an average of $5.58 per gallon.</p>
<p>The Golden State’s budget reached a sum of $308 billion this year, according to a <a href="https://www.gov.ca.gov/2022/06/30/governor-newsom-signs-budget-putting-money-back-in-californians-pockets-and-investing-in-states-future/">press release</a> from Newsom’s office, which includes a surplus of $97 billion. However, the state’s top marginal income tax rate is 13.3% and the state’s sales tax rate is 7.25%, both of which are the highest in the nation, according to an <a href="https://www.heritage.org/progressivism/commentary/why-are-so-many-residents-fleeing-california">analysis</a> from the Heritage Foundation.</p>
<p>Meanwhile, California has witnessed a <a href="https://www.dailywire.com/news/high-housing-costs-are-driving-californians-out-of-state">mass exodus</a> in response to government lockdowns and rising prices. Between March 2020 and December 2020, roughly 267,000 people moved out of California while 128,000 entered the state. The trend is particularly salient in San Francisco, where real estate prices and crime rates are especially high. Between 2019 and 2020, more than six times as many residents left the city than entered.</p>
<p>An <a href="https://www.dailywire.com/news/half-of-millennials-cant-afford-to-rent-a-one-bedroom-apartment-in-californias-biggest-cities">analysis</a> from Filterbuy revealed that soaring rental costs are impacting the millennial cohort — defined as those between 24 and 39 years old — such that most can no longer afford to rent one-bedroom apartments in California’s largest cities. Median wages in Los Angeles, Anaheim, and Long Beach are $36,649, while the annual wage necessary to afford a one-bedroom apartment is $72,560.</p>
<p>“The combination of rising rents and stagnant wages has been a challenge for Americans of all stripes, but certain groups have been more disadvantaged by this state of affairs than others,” Filterbuy explained. “Even well-off households are feeling pressure, as rising real estate costs price would-be buyers out and keep them competing for space in the rental market — and as they spend more on rent, they have a harder time saving for homeownership.”</p>

<script async src="https://www.tiktok.com/embed.js"></script>
<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

California Prepares To Send Out ‘Inflation Relief’ Checks

CONTINUE READING

Bud Light Sales Continue To Plummet, May Soon Lose Status As Number-One Beer

‘Profoundly Christian’: Former Head Of Anglican Church Presses British Government To Endorse Assisted Suicide

Ben Shapiro Reacts To Debt Limit Deal, Hits Both Democrats And Republicans Over Spending Habits

‘The Chosen’ Defends Pride Flag Spotted On Set: ‘Let The Show Speak For Itself’

Chick-Fil-A Faces Backlash As Their Diversity Efforts Resurface, Other Woke Brands Take Beating

North Korea Sentenced Two-Year-Old To Life In Prison After Family Caught With Bible: State Department

News

California

Economy

Gavin Newsom

Inflation

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

California Prepares To Send Out ‘Inflation Relief’ Checks