State still in the process of sending out billions of inflation relief payments

Описание: Still missing your inflation relief money from the state? You’re not alone.

The State of California still needs to send out billions in the form of debit cards to eligible Californians. The Franchise Tax Board said it’s already completed sending money to everyone who was supposed to get it in the form of a direct deposit.

The state is supposed to finish sending out the rest in the form of debit cards by January 14.

The Board said they’ve issued about 7 million direct deposits and 3.5 million debit cards so far. That’s about $5.7 billion, but the state is supposed to hand out about $9.5 billion worth of relief.

Full story on CBS8.com: https://www.cbs8.com/article/money/st...