Economy

Newsom proposes $600 payment for low-income residents, includes illegal immigrants

Written by Michael Palomba

Roughly 4 million people may be eligible for a $600 payment from the government if Governor Newsom’s latest proposal is passed by the state legislature.

“Californians who have been impacted by this pandemic will get help to provide for their families and keep a roof over their heads,” he said in a statement.

Taxpayers who received the California Earned Income Tax Credit, available to those making less than $30,000 annually, would receive the payment. According to a spokesman for the California Department of Finance, that credit covered 3.9 million filers in 2020.

Also eligible for the payment are those with Individual Taxpayer Identification Numbers; generally illegal immigrants. The state estimates that 125,000 of these filers would be eligible for the $600 payment

The governor hopes the payments will be issued in February and March. If the proposal does make it through the legislature, it will take 3 to 4 weeks to disperse payments to people who filed electronically.

American’s across the country have been vocal about wanting another stimulus payment. The US House and Senate were recently successful in passing legislation that provided American’s with $600 payments. However, Democrats and Republicans were unable to reach a compromise regarding the $2000 payments that were requested by President Trump.