Index Investing News
Sunday, June 21, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

California Forced to Give Residents Another $1.4B for Unaffordable Utility Bills

by Index Investing News
October 21, 2022
in Uncategorized
Reading Time: 2 mins read
A A
0
Home Uncategorized
Share on FacebookShare on Twitter


By Adam Andrzejewski for RealClearPolicy

Sometimes $1.4 billion just isn’t enough. Just ask California Gov. Gavin Newsom.

During the pandemic, Newsom and the state legislature gave $1.4 billion to more than 2.2 million households struggling to pay their overdue pandemic-era utility bills. 

The governor “doubled down” earlier this month, ordering an additional $1.4 billion from the state budget before the end of the year to cover more overdue utility bills, “for those who are still struggling amid rising costs,” Newsom said in a press release.

RELATED: Expensive Energy Is a Core Feature, Not a Bug, of Biden’s Climate Agenda

It’s unclear what the governor’s office constitutes as “struggling” and who is eligible to have their overdue utilities covered.

The governor’s announcement said $1.2 billion will pay for residential electric bills through the Department of Community Services and Development, and $200 million will go to residential water and wastewater bills – on top of the $116 million in federal funding for water and wastewater debts. 

This spending is part Newsom’s financial relief package to help support Californians who are dealing with higher costs.

Support Conservative Voices!

Sign up to receive the latest political news, insight, and commentary delivered directly to your inbox.

The new spending comes after last year’s “Golden State Stimulus,” which gave $9 billion to millions of California families, and billions more that went to help pay rent, cover overdue utility bills, and support small businesses, the governor’s office said.

RELATED: Americans In For Cold Winter as Gas Prices Go Up and Up

The first round of $1.4 billion utility relief included $989 million to help pay electric and gas utility bills for more than 1.4 million households and commercial customers, and another $435 million for unpaid water bills for more than 800,000 residential and commercial customers.

Syndicated with permission from RealClearWire.

The #WasteOfTheDay is brought to you by the forensic auditors at OpenTheBooks.com

The opinions expressed by contributors and/or content partners are their own and do not necessarily reflect the views of The Political Insider.





Source link

Tags: 14BbillsCaliforniaforcedGiveresidentsUnaffordableUtility
ShareTweetShareShare
Previous Post

When will student loans be forgiven: Biden to speak Friday

Next Post

Spectre of opulence  – The Hindu BusinessLine

Related Posts

Zelensky Boasts He No Longer Wants US Permission For Lengthy-Vary Missile Strikes On Russia – FREEDOMBUNKER

Zelensky Boasts He No Longer Wants US Permission For Lengthy-Vary Missile Strikes On Russia – FREEDOMBUNKER

by Index Investing News
September 1, 2025
0

This week noticed Ukrainian President Volodymyr Zelensky boast for the primary time that his army can conduct long-range strikes on Russian...

Designing a DEX for Liquidity Routing

by Index Investing News
February 28, 2025
0

At this point, the direction is no longer theoretical. Decentralized markets have matured enough to expose their structural limits, and...

Hyperliquid: The DEX That Changed Onchain Trading

by Index Investing News
January 31, 2025
0

The emergence of Hyperliquid marked a turning point in how decentralized trading infrastructure is perceived. Rather than attempting to incrementally...

The Insight: DEXs Should Coordinate Liquidity, Not Just Host It

by Index Investing News
November 3, 2024
0

For a long time, I thought decentralized exchanges were mainly a liquidity problem. If there was enough capital in the...

RWA Onchain: Liquidity Meets Real-World Constraints

by Index Investing News
April 28, 2024
0

Bringing real-world assets on-chain sounds straightforward until you try to settle one. At a glance, tokenization promises a familiar story:...

Next Post
Spectre of opulence  – The Hindu BusinessLine

Spectre of opulence  - The Hindu BusinessLine

Man Utd pleased with the progress of women’s team

Man Utd pleased with the progress of women's team

RECOMMENDED

Hundreds rejoice a chief who will solely rule for eight years

Hundreds rejoice a chief who will solely rule for eight years

March 12, 2025
India vs South Africa 2022: “Do not assume Rishabh Pant is deciding the batting order”

India vs South Africa 2022: “Do not assume Rishabh Pant is deciding the batting order”

June 11, 2022
BJP’s highway to Delhi will run by means of UP

BJP’s highway to Delhi will run by means of UP

May 23, 2024
Reaching Monetary Independence with 5 Properties & A number of Earnings Streams

Reaching Monetary Independence with 5 Properties & A number of Earnings Streams

September 10, 2024
Island Villa Near Stockholm, Sweden, Offers The Best Of Nature And City

Island Villa Near Stockholm, Sweden, Offers The Best Of Nature And City

October 29, 2022
Man Metropolis take into account £68m transfer for Crystal Palace’s Eberechi Eze – Paper Speak | Soccer Information

Man Metropolis take into account £68m transfer for Crystal Palace’s Eberechi Eze – Paper Speak | Soccer Information

July 22, 2024
What a Trump Presidential Debate Win Means for Your Portfolio

What a Trump Presidential Debate Win Means for Your Portfolio

July 17, 2024
America Enters a Rent-Burdened Housing Market

America Enters a Rent-Burdened Housing Market

February 24, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In