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5 On Your Sideline - Sept. 30, 2022
Man shot to death Wednesday at barbershop in The Grove, 1 in custody
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St. Louis Breaking News, Weather, Traffic, Sports | KSDK.com
Extreme Weather
No, homeowners and renters insurance doesn’t typically cover flood damage from hurricanes
Gas Prices
Gas prices don’t always decline before midterms
Some have speculated gas prices tend to drop before big elections like the upcoming midterms, but historical data doesn’t support that claim.
Economy
No, Biden executive order won’t replace paper money with digital currency
Some people on social media have claimed that an executive order signed in March 2022 would make paper money “worthless.” That’s false.
Money
No, Biden’s executive order won’t replace paper money with digital currency
The Biden administration has tasked the Federal Reserve with looking into the potential creation of a central bank digital currency. But a CBDC wouldn’t replace cash
Taxes
No, the average taxpayer will not have to pay $2,100 to cover the cost of student loan forgiveness
For taxes to be raised to pay for the plan, Congress would have to pass a bill amending the Internal Revenue Code. That hasn’t happened or been proposed.
Technology
Yes, electric vehicles lose range in cold weather
The batteries in electric cars drain faster when it’s cold out, but not so fast that it should significantly affect most daily drivers.
Immigration
Yes, Florida paid for migrants in Texas to fly to Martha’s Vineyard
Gov. Ron DeSantis and a sheriff’s office based in San Antonio confirmed that Venezuelan migrants were flown from Texas to Florida and eventually Martha’s Vineyard.
Government
No, people affected by Camp Lejeune toxic water don’t need a lawyer to file compensation claim
People who were exposed to toxic water at Camp Lejeune from 1953 to 1987 can request relief under the Camp Lejeune Justice Act. Here's how to file a claim.
Money
How to spot mobile payment app scams on Zelle, Venmo, PayPal and Cash App
Mobile peer-to-peer payment app scams are on the rise as more Americans use contactless payment options. Here are a few ways to identify and avoid payment app scams.
Gas Prices
No, gas prices don’t always go down before elections
Some have speculated gas prices tend to drop before big elections like the upcoming midterms, but historical data doesn’t support that claim.
Gas Prices
Election gas price trends, 1994-2020
U.S. Energy Information data showing the trends in gas prices during election seasons, since 1994.
Taxes
Yes, the IRS is forgiving some late-filing fees because of the pandemic
To qualify for penalty relief you must file your 2019 and 2020 tax returns by Sept. 30, 2022. Taxpayers who’ve already paid penalties will automatically get refunds.
Gas Prices
Gas prices don’t always decline before midterms
Some have speculated gas prices tend to drop before big elections like the upcoming midterms, but historical data doesn’t support that claim.
Economy
No, Biden executive order won’t replace paper money with digital currency
Some people on social media have claimed that an executive order signed in March 2022 would make paper money “worthless.” That’s false.
Money
No, Biden’s executive order won’t replace paper money with digital currency
The Biden administration has tasked the Federal Reserve with looking into the potential creation of a central bank digital currency. But a CBDC wouldn’t replace cash
Taxes
No, the average taxpayer will not have to pay $2,100 to cover the cost of student loan forgiveness
For taxes to be raised to pay for the plan, Congress would have to pass a bill amending the Internal Revenue Code. That hasn’t happened or been proposed.
Technology
Yes, electric vehicles lose range in cold weather
The batteries in electric cars drain faster when it’s cold out, but not so fast that it should significantly affect most daily drivers.
Immigration
Yes, Florida paid for migrants in Texas to fly to Martha’s Vineyard
Gov. Ron DeSantis and a sheriff’s office based in San Antonio confirmed that Venezuelan migrants were flown from Texas to Florida and eventually Martha’s Vineyard.
Government
No, people affected by Camp Lejeune toxic water don’t need a lawyer to file compensation claim
People who were exposed to toxic water at Camp Lejeune from 1953 to 1987 can request relief under the Camp Lejeune Justice Act. Here's how to file a claim.
Money
How to spot mobile payment app scams on Zelle, Venmo, PayPal and Cash App
Mobile peer-to-peer payment app scams are on the rise as more Americans use contactless payment options. Here are a few ways to identify and avoid payment app scams.
Gas Prices
No, gas prices don’t always go down before elections
Some have speculated gas prices tend to drop before big elections like the upcoming midterms, but historical data doesn’t support that claim.
Gas Prices
Election gas price trends, 1994-2020
U.S. Energy Information data showing the trends in gas prices during election seasons, since 1994.
Taxes
Yes, the IRS is forgiving some late-filing fees because of the pandemic
To qualify for penalty relief you must file your 2019 and 2020 tax returns by Sept. 30, 2022. Taxpayers who’ve already paid penalties will automatically get refunds.
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