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Stimulus: Stimulus proposal for soaring gas prices

As gas prices continue to rise with inflation and the Russia and Ukraine conflict, some Democrats are proposing new stimulus payments.

barrels of gas in front of a graph showing inflation, which may result in stimulus payments

The payments would be under the Gas Rebate Act of 2022.

This would give Americans $100 per month plus $100 for each dependent for the remainder of 2022.

This will happen if the national average surpasses an average of $4 per gallon.


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Qualifying for the gas stimulus payments

The guidelines will be the same as previous stimulus payments.

Single filers that make less than $75,000 per year will get the payments.

They will begin phasing out at $80,000 per year.


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Joint filers making less than $150,000 per year will see payments.

Their payments will begin phasing out at $160,000 per year.

There is no information on how the payments will be funded, and starting more stimulus programs hasn’t been a priority for some time.

The national price per gallon currently sits at $4.24.

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