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California Gov. Newsom Signs $7.6B Relief Package

California Gov. Newsom Signs $7.6B Relief Package

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses a relief package being debated in Congress, focusing on California's financial aid measures. It highlights a one-time $600 payment for Californians claiming the earned income tax credit and over $2 billion in grants for small businesses. Businesses with revenues between $1,000 and $2.5 million can receive up to $25,000 in grants.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Congress currently debating?

A relief package for California

A larger relief package for the entire nation

A healthcare reform bill

A new tax policy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can Californians receive a one-time payment of $600?

By applying for unemployment benefits

By claiming the California earned income tax credit

By registering for a new state program

By filing a federal tax return

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many Californians are expected to benefit from the one-time payment?

3 million

10 million

5.7 million

7.5 million

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the total amount set aside for grants to small businesses?

$1 billion

$2 billion

$3 billion

$4 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the maximum revenue a business can have to be eligible for the grants?

$1 million

$500,000

$2.5 million

$5 million

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