3 Ways You Are Going to Waste Your Bush Economic Stimulus Package Rebate Check

Posted: 22 May 2008

Our President, George W. Bush, signed a bill that was already approved by Congress earlier this year to send every American who has filed a 2007 tax return a check to stimulate the slowing US Economy. Many people immediately criticized this stimulus package saying that it would not help out the economy one bit. Many other people are excited to get an additional check from the IRS to help supplement the raising gas prices as well as the raising prices in the food industry.

House Speaker Nancy Pelosi is already calling for a second economic stimulus bill, however Bush… Continue reading

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Economic Stimulus Plan: How Might It Work?

Posted: 20 Apr 2008

Economic Stimulus Plan: How Might It Work? 
Lawmakers tend to paint with broad strokes and the economic stimulus package brokered between President George W. Bush’s administration and the House of Representatives is a good example. At press time, only summaries of the tax rebates and business incentives have been issued by the White House, administration officials and some members of Congress. Legislative language is expected soon. In the meantime, questions are being asked about who will qualify for the rebates, when and how will the IRS will issue the checks, and many other questions.

During a January 25, 2008, online forum called “Ask the White House,” Treasury Secretary Henry M. Paulson, Jr. said that individuals with earned income of $3,000 or more will be eligible for a $300 rebate ($600 for married… Continue reading

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