Thursday, January 24, 2008

How is $600 going to help me stimulate the economy?

When I get my check...guess what I am going to do...
pay my car registration and pending parking tickets...because I won't be able to get my registration without paying my parking tickets...and by that time, it will at least have to be around $600...
yup that's right...they give, and they get it right back...but come on, this is what they want right? ;)

U.S. taxpayers would get checks of several hundred dollars from the federal government under a plan to stimulate the economy, congressional and Bush administration officials said Thursday.

House Speaker Nancy Pelosi, Treasury Secretary Henry Paulson, right, and House Minority Leader John Boehner announce the package Thursday.

"Tens of millions Americans will have a check in the mail," House Speaker Nancy Pelosi, D-California, said at a Capitol Hill news conference. "It is there to strengthen the middle class, to create jobs and to turn this economy around."

House Minority Leader John Boehner, R-Ohio, said, "I'm looking for quick action in the House. I hope that the Senate will follow quickly so that we can put this money in the hands of middle-income Americans as soon as possible."

Speaking a few minutes later at the White House, President Bush said the package will "boost our economy and encourage job creation."

Sources on Capitol Hill and at the Treasury Department said the plan would send checks of $600 to individuals and $1,200 to couples who paid income tax and who filed jointly.

People who did not pay federal income taxes but who had earned income of more than $3,000 would get checks of $300 per individual or $600 per couple.

A Democratic aide and Republican aide said there will be an additional amount per child, which could be in the neighborhood of $300.

Those who earn up to $75,000 individually or up to $150,000 as a couple will be eligible for the payments, said Republican and Democratic sources familiar with the tentative deal.

Checks could be in taxpayer mailboxes by June, according to an Associated Press report.


blythe said...

$600 is going to help me take a nice european excursion post-graduation, if i can swing it! not sure that will feed our economy....directly. ?

ALSO, if you haven't already, would you tell donna sabolick that she can find pictures of her talented boys here:

CarrieMarie said...

what the ish? i wanna go to europe with you. dude, that's a good idea....