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New Stimulus Checks for Seniors

by Market FinancePosted onJuly 11, 2022July 11, 2022

Good news for some seniors.

It has just been learned that lawmakers in Onondaga County, New York, just passed new legislation that will give senior citizens who are struggling due to high inflation a one time cash payment.

President Biden’s inflation is tearing through many parts of the country and Democrats can no longer deny that some senior citizens need help making ends meet.

According to Fox, seniors will receive a $200 payment to eligible households in upstate New York if they meet eligibility requirements.

NY Legislator Peggy Chase stated, “When we’re looking at the cost of everything else going up, there’s not a lot of flexibility even if they give them a little bump in Social Security.”

Lawmakers believe some seniors are “disproportionately” harmed in terms of their “ability to maintain a stable and sustainable livelihood within the comfort of their home[.]”

To qualify for this new one time payment, seniors need to be over the age of 65, earn less than $60,000 per year and must already be receiving New York’s Enhanced STAR exemption from school property taxes for next school year.

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