New Bill Proposed By Democratic Party Calls For New Monthly Stimulus

The economy is still trying to adjust from covid/ the global pandemic, and now we seem to be faced with a new crisis, the astronomical gas prices.

Anybody who owns a non-electric car knows the prices at the pump are hitting pretty hard. Earlier this month, they even surged to an all-time high around the country and the government is hoping to offset the financial impact of fuel costs with another stimulus check.

If the gas prices continue to increase or even stay at the current prices, it is estimated Americans can spend more than $2,000 on the cost of fuel throughout the year.

A new bill proposed by Democratic Representatives Mike Thompson, John Larson and Lauren Underwood of California, Connecticut and Illinois, respectively, seeks sending up to $300 monthly to certain Americans as long as the nation’s average gas price remains above $4 a gallon.

While there is no word yet on how the checks will be paid for, a second proposal from Democratic Representative Ro Khanna of California and Democratic Senator Sheldon Whitehouse of Rhode Island seeks to charge a tax on oil and gas companies, whose profits have significantly risen, and use that money for checks to Americans.

There is no word ad of yet if the bills will be passed; however, the American people are suffering behind these high gas prices. A lot of people choose to stay home a lot more to save gas. Something needs to happened & soon… before the economy takes another hit.