Why California Could Be the Last State to Offer Inflation Relief Checks

Whether it’s at the gas pump or in the checkout line at the grocery store, the one constant these days is higher prices for American consumers. This can be felt most acutely in California, where gas prices, for example, are averaging $6.22 while the U.S. average is $4.78.

Read more: Why It Could Be a Long Time Before Gas Prices Come Down

To help ease some of that pain for the Golden State, Gov. Gavin Newsom and state lawmakers reached a budget deal last week, which includes $9.5 billion in direct payments to taxpayers of up to $1,050 per household (a household filing jointly making under $150,000 with at least one dependent would receive the maximum payout, for example). Higher earners would receive a smaller payout and there is an income cap of $250,000 …