Several states are mailing out stimulus checks or tax rebates in September despite near-historic inflation.
Recent data released by the federal government shows that the Consumer Price Index, a key inflation metric, remained relatively elevated at 8.5 percent in July. Although it was down from 9.1 percent in June, the figure represents highs not seen in about four decades.
Alaska
Alaskans can expect up to $3,200 per person payouts to be deposited into bank accounts on Sept. 20, including a payment of $650 meant to offset higher fuel costs, according to a government announcement last month.
It will be a single payment to all eligible Alaskans whose applications were approved by Sept. 9. People who filed a paper application or requested a paper check will be distributed starting around Oct. 3….