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News & Current Events Discuss Bernanke: Juice the economy 'quickly' at the General Forum; Originally Posted by saltwn I got a little check from Oregon cause they said we were under budget. Wasn't much, ...

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Old 01-19-2008, 02:03 AM
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Default Re: Bernanke: Juice the economy 'quickly'

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Originally Posted by saltwn View Post
I got a little check from Oregon cause they said we were under budget. Wasn't much, but it was something!
One estimate put the fed rebate thats being considered at 800 dollars/person, 1600 per family. I'll take it if I can get it!
Forgot to mention, I only got that (Oregon) rebate about a month ago. So...Don't hold your breath?
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Old 01-24-2008, 02:34 PM
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Default Re: Bernanke: Juice the economy 'quickly'

House Leaders, White House Reach Deal on Economic Stimulus Package

Update

WASHINGTON — Top House leaders announced a deal Thursday with the White House that aims to spur the U.S. economy with refund checks to most filers of $600 to $1,200, and more if they have children.

WASHINGTON — Top House leaders announced a deal Thursday with the White House that aims to spur the U.S. economy with refund checks to most filers of $600 to $1,200, and more if they have children.

"I believe the package that we are putting forth deserves the support of the Congress," House Speaker Nancy Pelosi said, speaking to reporters in the Capitol.

House Minority Leader John Boehner struck a similar note.

"I'm looking for a 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," Boehner said. Pelosi, D-Calif., and Boehner, R-Ohio, were the chief House negotiators alongside Treasury Secretary Henry Paulson on behalf of the Bush administration.

The package will be roughtly $150 billion, with the officials saying 116 million Americans will receive some sort of refund no smaller than $300.

"We are pleased that the negotiators have been able to reach an agreement on an economic growth package," White House press secretary Dana Perino said Thursday afternoon. She said Bush would make a statement about the deal later in the day.

Congressional aides said they hope the checks could go out as early as June.

Individuals who pay income taxes would get up to $600, working couples $1,200 and those couples with children an additional $300 per child under the agreement. Workers who make at least $3,000 but don't pay taxes would get $300 rebates.

More?

FOXNews.com - House Leaders, White House Reach Deal on Economic Stimulus Package - Politics | Republican Party | Democratic Party | Political Spectrum

Not sure just how "stimulating" this package will be but I'm happy anytime I can get some of my money back..
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