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Maine will provide an inflow of cash to its inhabitants in June, with $ 850 cheques being mailed out to around 858,000 individuals. Throughout the year, further rounds will be added. They must be full-time residents of Maine and have filed an individual tax return for the year 2021 in order to receive payments. To be eligible, a single person must earn less than $100,000 per year, a head of household must earn less than $150,000, and a couple applying together must earn less than $200,000.
Meanwhile, Pennsylvania Governor Tom Wolf has resumed demands for a state stimulus check to people, urging state legislators to utilise $ 500 million in unclaimed federal funds to distribute $ 2,000 cheques to households this week.
Residents of other states in the US, on the other hand, are unwilling to accept such aid, but those with student loan debt may soon see a delay that they have been waiting for since President Joe Biden entered office.
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While he stated unequivocally that he would not cancel $ 50,000 in debt for every federal student loan borrower, the administration signalled for the first time that they were considering forgiving $ 10,000 in debt to borrowers, with a decision expected in the coming weeks in the next steps, according to the Washington Post.
The government is now debating whether or not to set income limitations for borrowers who will be eligible. Assistants to the president are looking at limiting assistance for people earning less than $ 125,000 or $ 150,000 on their own, with a cap of $ 250,000 or $ 300,000 for married couples filing jointly. There have been no final determinations made, and it is unclear if additional considerations would be used to restrict the number of borrowers who are eligible.
The action comes after the government extended the COVID-19 loan's duration once again, with borrowers' payments slated to commence on August 31.
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