|
 | 
Apr-28-2008Here's stimulus: What you need to know(topic overview)
CONTENTS:
- President Bush says the rebates of up to $600 a person and $300 per child will help stimulate the economy by the start of the third economic quarter in July. (More...)
- "We're trying to tie that with the stimulus package and financing deals," Tomb said. (More...)
- As for when you can expect your money that depends on your social security number and whether you use direct deposit. (More...)
- WASHINGTON -- Give yourself a pat on the back if you're one of those Americans who have their income-tax refunds deposited directly into their bank accounts: You will be first in line Monday when the federal government starts sending out billions of dollars in rebates. (More...)
- The rebates are designed for consumers to put the money back into the U.S. economy. (More...)
- "The strain of the economic downturn on middle- and low- income families demands, in my view, consideration of a second stimulus package,'' House Speaker Nancy Pelosi said at a press conference in Washington today. (More...)
- Today's Home & Leisure in Mechanicsburg sells grills, home theater systems and other home items. (More...)
- "About 3.9 million taxpayers in North Carolina will get a total of about $3.4 billion in stimulus payments," said Mark Hanson, a local spokesman for the Internal Revenue Service. (More...)
- The overall schedule for receiving stimulus checks has been moved up a week. (More...)
- "Obviously our economy is in a slowdown," Bush said. (More...)
- "Unless the administration gets OPEC to increase oil supply, American consumers are going to be in for a scorching summer of $4 gasoline with no relief in sight," Schumer said. (More...)
SOURCES
FIND OUT MORE ON THIS SUBJECT
President Bush says the rebates of up to $600 a person and $300 per child will help stimulate the economy by the start of the third economic quarter in July. "We want to make sure everyone who's eligible for a check gets one on a timely basis," he said. "This money is going to help Americans offset the high prices we're seeing at the gas pump and at the grocery store, and it will also give our economy a boost to help us pull out of this economic slowdown," he said. President Bush and both political parties in Congress agreed on this temporary economic stimulus plan of tax rebates and business incentives as the U.S. economy has lost nearly 250,000 jobs so far this year. [1] The rebates are part of a $162 billion plan that President Bush and congressional lawmakers hope will give a firm kick to the listless U.S. economy. Nearly 7.7 million people should notice the rebates arriving in their bank accounts via direct deposit next week. For those Americans still relying on checks for their refunds, the government will begin mailing them May 9. "This money is going to help Americans offset the high prices we're seeing at the gas pump and at the grocery store," Bush said yesterday. "And it will also give our economy a boost to help us pull out of this economic slowdown."[2] "Your rebate is on the way," Bush said in remarks on the South Lawn of the White House before departing for an anti-malaria event and GOP fundraiser in Connecticut. "This money is going to help Americans offset the high prices we're seeing at the gas pump and at the grocery store, and it will also give our economy a boost to help us pull out of this economic slowdown." Eligible taxpayers may receive up to $1,200 per couple and $300 per child under the stimulus package, and those who use direct deposit will start seeing rebate funds in their bank accounts as early as Monday.[3] Direct deposits will start going out on Monday, with the last of the checks going out by the end of June. "This money is going to help Americans offset the high prices we're seeing at the gas pump, at the grocery store, and will also give our economy a boost to help us pull out of this economic slowdown," Bush said Friday in brief remarks at the White House. Bush estimated that next week nearly 7.7 million Americans will receive their tax rebates by direct deposit.[4] "We want to make sure everyone who's eligible for a check gets one on a timely basis. This money is going to help Americans offset the high prices we're seeing at the gas pump and at the grocery store, and it will also give our economy a boost to help us pull out of this economic slowdown," said Bush. Pelosi hinted that a second stimulus package could be on its way. "The strain of the economic downturn on middle- and low-income families demands, in my view, a consideration of a second stimulus package and we have begun some conversations with the Administration and the Republicans on that," she said. "Specifically, we are working on efforts to pass additional sweeping legislation to keep millions of families in their homes, provide relief to millions of out-of-work Americans, and reduce the strain on families who are struggling with rising gas and grocery prices," said Pelosi. She called the tax rebates an example of what Congress can accomplish when they work together in a bipartisan way. Make media inquiries or request an interview about this article. Send a Letter to the Editor about this article.[5]
If you are in financial trouble, use that money to try to bail yourself out." In his remarks Friday, Bush acknowledged that many Americans will spend their rebates on basics. "The money is going to help Americans offset the high prices we're seeing at the gas pump, the grocery store, and also give our economy a boost to help us pull out of this economic slowdown," he said. That emphasis on fuel and food prices differs sharply from other comments he has made since signing the economic stimulus legislation. Last month, the president said, "When the money reaches the American people, we expect they will use it to boost consumer spending."[6] Bush said paper checks would begin going out on May 9, a week earlier than previously announced. "The money is going to help Americans offset the high prices we're seeing at the gas pump, the grocery store, and also give our economy a boost to help us pull out of this economic slowdown," Bush said. Bush's emphasis on fuel and food prices differed from other comments he's made since signing the economic stimulus legislation, intended to aid the economy by boosting overall consumer spending ''' which accounts for roughly two-thirds of the nation's economic activity.[7]
The purpose of the checks is to get people spending, not stashing the cash in savings. "The money is going to help Americans offset the high prices we're seeing at the gas pump and at the grocery store, and it will also give our economy a boost to help us pull of this economic slowdown," says President Bush. An Associated Press-Ipsos poll of taxpayers found that only 19 percent say they'll go out and spend their checks. 45 percent say they'll use the money to pay bills. 32 percent say they plan to invest the money.[8] On May 9, the Internal Revenue Service will begin mailing checks of up to $600 per person, $1,200 per couple and $300 per child. The plan, agreed to earlier this year as a buffer against the cooling economy, is designed to reach 130 million households. "This money's going to help Americans offset the high prices we're seeing at the gas pump (and) at the grocery store," Bush said. "It will also give our economy a boost to help us pull out of this economic slowdown."[9] Bush spoke as a measure of consumer confidence hit a 26-year low. "It's obvious our economy is in a slowdown," Bush said in urging taxpayers to contact the federal government about their eligibility for rebates amounting to as much as $600 per adult and $300 per child, depending on their income. "The money's going to help Americans offset the high prices we're seeing at the gas pump and the grocery store and it will also give our economy a boost to help us pull out of this economic slowdown," he added.[10]
WASHINGTON (AP) — President Bush acknowledged that the economy is weakening, but expressed hope that tax rebates that start going out on Monday should help shore things up. "This money is going to help Americans offset the high prices we're seeing at the gas pump, at the grocery store, and will also give our economy a boost to help us pull out of this economic slowdown," he said Friday in brief remarks at the White House.[11] Forbes reported that 800,000 checks will be issued per day, and that $110 billion will ultimately be given to 130 million Americans in an effort to boost the sagging economy. In a press conference in the White House south lawn, Bush said, "The money is going to help Americans offset the high prices we're seeing at the gas pump, the grocery store, and also give our economy a boost to help us pull out of this economic slowdown."[12] Roughly 130 million households are expected to receive them, and lawmakers are hoping the money will give a boost to the weakening economy. "This money is going to help Americans offset the high prices we're seeing at the gas pump, at the grocery store, and will also give our economy a boost to help us pull out of this economic slowdown," said Bush in brief remarks from the White House.[13]
"Starting Monday, the effects of the stimulus will begin to reach millions of households across our country," Mr Bush said. He said it was "obvious" the U.S. economy was in slowdown, but luckily the government "recognised the signs early and took action". "The money is going to help Americans offset the high prices we're seeing at the gas pump, the grocery store, and also give our economy a boost to help us pull out of this economic slowdown," he added.[14] Bush said paper checks would begin going out May 9, a week earlier than previously announced. "The money is going to help Americans offset the high prices we're seeing at the gas pump, the grocery store, and also give our economy a boost to help us pull out of this economic slowdown," Bush said. At the Ontario truck stop on Friday, Derrell Brown was organizing with others to quit driving their rigs until the price of diesel fuel goes down.[15]
President Bush said he hopes you'll spend your rebate check to help pump more money into the sluggish economy. "This money's going to help off-set the high prices we're seeing at the gas pump, the grocery store and it will also give our economy a boost to help us pull out of the economic slow down." said President Bush.[16]
The White House really wants to give the economy a shot in the arm. Those tax rebate checks will start going out on Monday -- a week earlier than previously announced. President Bush says he hopes this will help us cope with rising food and gasoline prices. Of course, the reason they're giving us this money is so we'll buy things. Financial experts, such as Greg McBride at bankrate.com thinks many people would be better off if they used the rebate another way. "You know, at the end of the day, you can make a pretty good argument that people will be better off financially if they take that rebate check and use it to pay down debt, boost their savings and put themselves in a better financial footing. "And economically we will benefit from having more consumers that are in a good financial position and able to spend in the years ahead as opposed to just going out and blowing that whole rebate check now and not making any headway in terms of overall financial progress from the debt and savings standpoint," he said.[17] President Bush says the first rebates will be directly deposited into people's bank accounts starting Monday, a week ahead of schedule. "During the first week, along nearly 7.7 million Americans will receive their tax rebates electronically," he said. President Bush says he hopes the rebate checks will offset the high prices Americans are paying at the pump and at the grocery store. Shoppers we talked to believe the rebate checks will help the economy, while others say they are not convinced the impact will be what the President is hoping for. "I know hard times are coming, they also know.[18] WASHINGTON -(Dow Jones)- U.S. President George W. Bush Friday said the income tax rebates Americans will begin receiving Monday will help the U.S. economy emerge from its slump. "It's obvious that our economy is in a slowdown," Bush said in brief remarks on the South Lawn of the White House. He said the first payments under the $152 billion economic stimulus package will be delivered electronically on Monday, with 7.7 million taxpayers set to receive their payments next week.[9] "Most Mississippians who filed federal tax returns will be eligible for the economic stimulus package," said Mark Green, spokesman for the Internal Revenue Service in Atlanta. That package will deliver up to $600 to individual taxpayers who qualify, and $1,200 to married couples filing jointly, plus another $300 per child for parents. Early in his first term, in 2001, President Bush pushed a similar rebate plan to cheer up a crabby economy. Likely, his administration would applaud Mason's plan to drop her windfall on florists and caterers this time, rather than on divorce attorneys.[19] The rebates -- up to $600 for an individual, $1,200 for a couple and an additional $300 for each dependent child -- are the centerpiece of the government's $168 billion stimulus package. About 130 million households are expected to get them. People must file a tax return for their 2007 income to be eligible for a rebate. The IRS now says all checks for those who filed tax returns on time are scheduled to be deposited or mailed by July 11. Bush suggested people could use these one-time checks to pay for such necessities as food and gas, underscoring the deepening challenges facing the economy.[20] Overall, the Treasury will distribute more than $110 billion to 130 million taxpayers by July. The government hopes to stimulate the flagging economy by putting some extra cash in people's pockets - cash they can spend, add to their savings account, and use to help pay next month's mortgage. As long as they don't put it under their mattress, President Bush and Congress - who came together earlier this year to pass a so-called economic stimulus package - will be satisfied.[21] HARTFORD, Conn. President Bush announced Friday that the Internal Revenue Service would begin depositing rebates into taxpayer accounts Monday four days earlier than expected. Bush said the tax rebates, approved as part of a bipartisan $168 billion stimulus package earlier this year, will help consumers cope with the rising cost of living and lift the country out of what the president refers to as an "economic slowdown."[3]
First Batch of Rebate Checks Sent by Direct Deposit Monday By Melanie Hunter-Omar CNSNews.com Senior Editor April 25, 2008 (CNSNews.com) - On Monday the Treasury Department will begin delivering the first of the tax rebates President Bush approved as an economic stimulus by direct deposit, followed on May 9th with the first mailed checks from the Internal Revenue Service. During the first week, 7.7 million Americans are expected to receive their tax rebates electronically, Bush said Friday.[5] Fortunately, we recognized the signs early and took action,''' Bush said at the White House. '''On Monday, the Treasury Department will begin delivering the first of these tax rebates by direct deposit. During the first week alone nearly 7.7 million Americans will receive their tax rebates electronically. Then on May 9th, the IRS will begin mailing checks to millions more across America,''' he said. Working with unusual speed and bipartisanship, Congress cleared the first stimulus package Feb. 7 in a bid to get cash into the hands of American consumers quickly in hopes they would spend it.[22]
Thousands of Americans are about to get some money from Uncle Sam. The 1st round of the economic stimulus rebates go out Monday, April 28th to Americans who signed up for direct deposit on their tax return. If you opted to have your rebate check mailed to you, the first of those will go out May 9th. The IRS has developed a schedule for people to receive their checks based on the last two digits in their Social Security Number.[23] "Beginning Monday, the effects of the stimulus will begin to reach households," President Bush said Friday. "This money is going to help Americans offset the high prices we're seeing at the gas pump and at the grocery store." The order in which tax filers will receive their rebates will be based on the last two digits of their Social Security numbers, when they filed their '07 tax forms and whether they opt for direct deposit.[21] Monday, 800,000 taxpayers may notice an extra $600 or $1,200 appearing in their bank accounts. President George W. Bush announced that stimulus checks would begin arriving Monday - four days ahead of schedule - saying, "This money is going to help Americans offset the high prices we're seeing at the gas pump and at the grocery store."[24]
WASHINGTON - President Bush said tax rebates will start going out Monday, earlier than previously announced, and should help Americans cope with rising gasoline and food prices, as well as aid a slumping economy. Democrats said they were glad the rebate checks were about to go out, but suggested that multinational oil companies were not among the businesses the stimulus package was originally designed to help.[7] President Bush said tax rebates will start going out Monday - earlier than previously announced - and should help Americans cope with rising gasoline and food costs, as well as aid a slumping economy. Those first rebates will be deposited directly into people's bank accounts.[15] WASHINGTON (Reuters) - President George W. Bush said on Friday the U.S. economy is in a slowdown but tax rebates that will start hitting consumers' bank accounts next week should help.[10]
April 25 (Bloomberg) -- President George W. Bush said the tax rebates Americans will start getting next week will boost the economy and help them pay their bills.[25] Tonya Dicus of Royal Palm Beach plans to pay bills, too. That's not exactly the sort of economic stimulus President Bush had in mind when he pushed for the tax rebates as part of a $168 billion plan to boost the nation's struggling economy.[6]
President Bush announced Friday that the government will start releasing checks from the economic stimulus package almost a week early. That's good news for many hopeful Suncoast residents who can't wait to get their hands on that green. Alaida Lares has worked for the IRS for 32 years, and even she didn't know about the plan to release the rebate checks.[26] As congressional Democrats debate when and how to advance a second economic stimulus package, President Bush announced Friday that tax rebates approved earlier this year will start going out Monday.[22]
Under the government's economic stimulus plan, 130 million people will receive tax rebate checks for $300 and up, starting Monday.[21] Starting Monday, the economic stimulus rebates will be directly deposited into millions of Americans bank accounts. During the first week alone nearly 7.7 million Americans will receive their tax rebates electronically. For those who opted for their rebate check in the mail, the I.R.S. will begin sending those out on May 9th.[27] More than 7 million Americans should see the tax rebates in their bank accounts in the coming week. Those who chose to receive their refunds through the mail should have their checks early next month.[1]
The first of the tax rebates will go out by direct deposit. That's one week earlier than planned. In the first week alone, 7.7 million Americans will get their rebates electronically. Starting May 9th, the IRS will mail out checks to people who did not use direct deposit for their 2007 tax return. By this summer 130 million households will have their rebate.[28] If you received your regular tax refund via direct deposit, you'll be among the first to get your rebate. Seven point seven million Americans will receive their rebates within the first week, but for those of you who opted for the paper checks, it will take a little longer. Those hit the mail May 9th.[29]
"Which is something, because the last time we got a rebate, in 2001, I believe I used it to pay for a divorce." Whatever Mason spends it on, she and an estimated 1.2 million other Mississippi taxpayers will get their hands on the money earlier than previously announced: The U.S. Treasury will begin delivering the economic stimulus rebates on Monday. The first will go out to those who chose to receive their 2007 tax refunds by direct deposit.[19] Office supply chain Staples has announced an online Economic Stimulus Center targeting small business owners. It's offering cash savings on big purchases as well as free advice on how small businesses can lower their tax bills. We'll have to see how successful those promotions are. Less than half of consumers are expected to actually spend the extra cash in stores and when Action News asked people what they plan to do with their rebate checks, most have told us they plan to use them to pay bills or put the money in savings.[30] Coming to about $168 billion, the refund bonus is meant to slip more money into the hands of consumers, and therefore, into the pockets of business owners. "The administration hopes that people use it to stimulate the economy, and not to stimulate their savings," said William Gunther, University of Southern Mississippi economics professor and director of USM's Bureau of Business and Economic Research. "But with the great uncertainty about the economy right now, this might lead to relatively more savings," Gunther said. An Associated Press-Ipsos poll of taxpayers found that only 19 percent plan to spend their rebate checks. Among them is Marshall Davis, 58, of Hattiesburg, who's focusing on a new camera. "That will cost a couple, three hundred," said Davis, a retired military veteran.[19]
Hoping to prop up a faltering economy, the federal government is sending out a total of $105.7 billion in rebates, part of a larger $168 billion stimulus package enacted in February. Local business owners are optimistic that the influx of rebate money could send people into Inland stores and restaurants to spend some of their cash. They agree with economic experts who say nervous consumers won't be going on a rabid spending spree.[31] "Unless the administration gets OPEC to increase oil supply, American consumers are going to be in for a scorching summer of $4 gasoline with no relief in sight," Schumer said. House Speaker Nancy Pelosi, D-Calif., agreed that people "need this rebate to cope with the rising cost of gas and groceries." She said that, while the rebates would help to get the economy moving, there was a need for a second stimulus package "and we have begun some conversation with the administration and Republicans." As he had earlier in the week, Bush used the word "slowdown" to describe the state of the economy. He has denied that the nation is in a recession, although many economists say it is. "It's obvious our economy is in a slowdown.[7] House Speaker Nancy Pelosi, D-Calif., said that Bush's remarks underscore the need for a second stimulus package, which the administration and GOP lawmakers have so far resisted. "It's galling to think that taxpayers' stimulus checks will be lining the pockets of OPEC," said Sen. Charles Schumer, D-N.Y., referring to record oil prices. "The sad truth is that the average American family will spend almost their entire stimulus check on higher gas prices this year." Under pressure from a collapsing credit and housing market, Bush has repeatedly urged caution in considering more federal intervention, in part because he said the stimulus checks could provide the boost the economy needs. As he has for months, Bush declined to refer to the current economic downturn as a "recession," preferring "slowdown" instead.[3]
"Starting Monday, the effects of the stimulus will begin to reach millions of households across our country," Bush said in Washington. If the 130 million Americans who receive the checks use them for spending sprees, the stimulus plan would give at least a temporary boost to the economy. After two years of soaring gas prices, falling home values and rising jobless rates, many consumers in Palm Beach County and the Treasure Coast say they're not in the mood to shop.[6] Bush has suggested the rebates could trigger a spending spree. "When the money reaches the American people, we expect they will use it to boost consumer spending," he said last month. By saying expressly that people could use these one-time checks to pay for such necessities as food and gas, Bush underscored the deepening challenges facing the economy.[7]
"I'm just going to put it in the bank," said Kist, a public health nurse at the Palm Beach County Health Department. She doubts the checks will do much to stimulate the economy. "It's not that large an amount of money," she said. Lunching at the fountain outside the West Palm Beach Public Library, Valerie Rhaburn, 39, said Friday she will put her payment in the bank, though she'll also spend some of it as Bush hopes - to pay for a baby shower she's giving. John Batista, 71, who bags groceries at a Publix in Stuart, said he will use his check to pay off credit cards. The theory behind the economic stimulus is simple: Millions of Americans will get their checks, then go on a mass shopping spree.[6] The federal government's economic stimulus checks will start landing in mailboxes soon, and local retailers hope they can help customers stretch the value of those checks a little further. Some national chains have announced plans to help Americans spend their windfalls. Sears will offer a 10 percent bonus to anyone who converts their check into a Sears or Kmart gift card. Home Depot is running ads encouraging consumers to spend their money at the home improvement chain.[32] The economic stimulus checks were set to be deposited starting May 9, but the government moved the date up a week, and starting Monday, Americans will begin to see some extra green in their bank accounts. Lubbockites we talked to already have plans on how they're going to spend the additional cash.[33]
COLUMBIA - Now that the U.S. government has pushed up the White House's economic stimulus plan, those rebate checks will start rolling out tomorrow in hopes of giving consumer spending a boost. We talked with people in Columbia to see if they will be spending or saving their rebates.[34] Paper rebate checks for others will start being sent on May 9, a week ahead of schedule, the administration said. The speedier timeframe gave Bush a chance to focus attention on a stimulus package that he has cast as a virtual lifeline for the economy, insisting repeatedly in recent months that the expenditures will result in a surge of consumer spending to kick-start the economy.[3] A recent survey of 8,000 consumers, conducted for the National Retail Federation, found that just over 40 percent of rebate money will likely be spent by consumers, with most of the rest going toward debt reduction. House Speaker Nancy Pelosi, D-Calif., agreed that people "need this rebate to cope with the rising cost of gas and groceries." She said that, while the rebates would help to get the economy moving, there was a need for a second stimulus package "and we have begun some conversation with the administration and Republicans." The Associated Press contributed to this report.[31]
"It'll mean if you do buy something, Kansas will receive the sales tax and businesses will also get income that can also be taxed," says State Senator Phil Journey. That's only IF Americans spend the money. A survey finds more than a third of taxpayers plan to use their refund to pay necessary bills. Another third plan to save or invest the money. With gas prices climbing by the day, Democrats are upset that many people's new found money will only go to profit the oil companies and they are now calling for a second stimulus package in the near future.[28]
Los Angeles, California. Several major retailers said they have not tailored their advertising specifically to the release of the rebate checks -- $300 for low-income people and recipients of Social Security; up to $600 for a single person; and $1,200 for a married couple, who would get an additional $300 for each child under 17. Richard Bivone, president of the Nassau Council of Chambers of Commerce, said he knew of no local businesses marketing to consumers around tax rebates, and that the consensus among people he spoke to is that consumers will use their checks to pay bills. A February survey by the National Retail Federation revealed that 28.4 percent of consumers said they would use the rebates to pay debt; 18.7 percent said they would save it; and 40.6 said they would use it to purchase something.[35] A study by the National Bureau of Economic Research found that consumers used a similar $300 tax rebate in 2001 to either pay off debt or put into savings. The Index of Consumer Sentiment, released Friday by the University of Michigan and Reuters, found that only 30 percent of consumers plan to spend their check, with most preferring to pay debt or add to savings. "With the current high levels of economic uncertainty, most consumers favor adding to their reserve funds to increase their financial latitude as a safeguard against worsening future conditions," Richard Curtin, the director of the Reuters/University of Michigan surveys of consumers, said in a statement.[36]
Only three out of 10 consumers plan to spend the tax- rebates, according to the Reuters/University of Michigan report on consumer sentiment issued today. Most of those polled said they intend to use the money to pay down debt or boost savings, the report said. Consumers are growing increasingly anxious because the economy has lost almost a quarter-million jobs this year, the cost of refueling a car is up 17 percent and property values have fallen.[25]
If you opted for direct deposit when you filed your taxes, you could be seeing that money in your bank account as soon as Monday. It remains to be seen how many people will put their money back into the economy. The latest USA Today Gallup poll found just one in five people are likely to use part or all of their rebate check for a summer vacation. 64% said they were "not at all likely" to spend it for travel.[37] As early as Monday, if you paid or received your taxes by direct deposit, you might see something extra in your bank account. How will you spend your rebate? While some consumers say they'll do their part to boost the economy, others intend on paying off debts or investing.[38]
The first direct deposits of the federal tax rebates will begin hitting bank accounts on Monday, according to the Internal Revenue Service, and paper checks will be sent starting next month.[13]
The president said tax rebates from the stimulus package of between $300 and $1,200 will begin hitting bank accounts Monday.[13] The rebates range from $300 to $1,200 and are the centerpiece of the government's $168 billion stimulus package, enacted in February, to brace the teetering economy. Roughly 130 million households are expected to get them.[11] Every $1 spent on extended benefits would boost the economy by more than $1.50, according to Moody's Economy.com. That's one reason lawmakers have approved such extensions seven times in the last 50 years -- they're not just humane, they help revive commerce. Senate Republicans, backed by President Bush, blocked an effort to add a 13- to 26-week extension to this year's stimulus package. Now, lawmakers from both parties are trying again to extend those benefits, at a cost of about $12.7 billion over two years. It's good policy that should be implemented now, without waiting for more economists to declare that we’re in a recession. The unemployment insurance program is a joint effort by federal and state governments to replace part of the pay workers lose when they're laid off.[39] "The strain of the economic downturn on middle- and low-income families demands, in my view, consideration of a second stimulus package," House of Representatives Speaker Nancy Pelosi told reporters in Washington. Pelosi, a California Democrat, declined to say whether she was making any progress in talks with the Bush administration on additional legislation. She has suggested new spending on infrastructure projects, increased food stamps and expanded unemployment benefits -- measures that were left out of the $152 billion stimulus package swiftly passed in February. U.S. Treasury Secretary Henry Paulson told Reuters on Thursday he was willing to listen to Pelosi's ideas to further aid the economy in connection with arranging a vote on the Bush administration's proposed Colombia free-trade agreement.[10]
The checks are part of President Bush's $168 billion economic stimulus package passed in February.[37] In February, President Bush signed a multibillion dollar economic stimulus package in the hope of injecting the economy with a triple-espresso-like shot in the arm.[40]
President Bush was optimistic about the effect when he announced Friday that economic stimulus tax rebates would begin arriving next week, about a week ahead of schedule.[31] What is it: A measure passed by Congress and and signed by President Bush to ease the impact of the economic climate by sending most Americans tax rebate checks.[40] President Bush says some relief is coming for Americans a little sooner than expected. President Bush says the U.S. Treasury moved faster than originally thought and that means many Americans will get those tax rebate checks sooner. "It's obvious our economy is in a slow down," President Bush said.[18] U.S. President George Bush says tax rebates for more than 130 million American households should help stimulate an economy hurt by falling home prices and higher food and energy costs.[1] President Bush says the economic-stimulus tax rebates will begin going out Monday and will help people cope with lofty energy and food prices, as well as giving the economy a jolt.[4] Shares of apparel makers ended mostly higher Friday, as President Bush expressed hope that tax rebates which start going out on Monday will help shore up the economy.[41]
President Bush has issued the rebate checks about a week early, hoping the cash will help stimulate the economy.[38] More than 130 million people who filed taxes for 2007 will receive rebate checks, which President Bush hopes will stimulate a weak economy.[19] President Bush said Friday that the U.S. economy is in a "slowdown" and he encouraged taxpayers to take all necessary steps to receive rebate checks through the federal economic-stimulus plan that he signed into law earlier this year.[13]
"For a middle-class family of four, that is $1,800, including $300 for each child. If they have more children, then of course, their check would be more," House Speaker Nancy Pelosi said in a press conference Friday. For those who have already filed an income tax return, the rebate is on the way, Bush said, and even those who don't owe income taxes may still be eligible for a check, but they need to file a form with the IRS. It's not too late to do so, the president said. People can go to the IRS website or contact their local IRS office.[5] Paper checks will begin arriving in the mail May 9 instead of May 16. For taxpayers who were required to file an income tax return, the IRS is using their 2007 tax returns to determine eligibility for economic stimulus payments of up to $600 ($1,200 for married couples).[42] There is also a payment of $300 for each qualifying child younger than 17. Those who received extensions to file won't receive their stimulus payments until after they file their returns, said Bill Brunson, IRS spokesman in Phoenix. Those not required to file a return because their income is too low or nontaxable must file a tax return to obtain an economic stimulus payment, he said. "There is a group of Arizonans who receive Social Security or Railroad Retirement Tier 1, or nontaxable veterans' benefits that normally don't have a filing requirement but need to in order to receive the stimulus payment," he said.[42] A: You've raised a few points. Form 1040A: Special rebate rules apply to people who don't ordinarily have to file a federal income-tax return because their income is so low. If you're in this category, you may be eligible for a rebate if you had at least $3,000 last year in "qualifying income" (such as Social Security, veterans or railroad retirement benefits) and you file a return this year, said Bob D. Scharin, senior tax analyst for the Tax & Accounting business of Thomson Reuters. The IRS prefers that people in this category use U.S. Form 1040A. Enter the amount of your Social Security or other benefits on Line 14a.[43]
Tax filers who do not owe income taxes, but have at least $3,000 in income - which can include Social Security and disability payments - will get $300 rebates per person or $600 per couple.[21] The amount ranges from $300 to $600 for individuals and from $600 to $1,200 for couples, plus $300 for each child. Taxpayers who are eligible to receive an electronic deposit will get their rebate first. Those whose Social Security numbers' last two digits are between 00 and 20 will get their rebate by Friday, followed by those from 21 to 75 by May 9, and from 76 to 99 by May 16. The rebate schedule is much longer -- from May 10 to July 11 -- for those who will receive a paper check. That schedule follows the same format based on the last two digits of their Social Security numbers; those with lower numbers get a check first.[36] If you didn't file (the deadline was April 15), you can file for the rebate next year. Direct deposit : The first taxpayers to receive rebates will be those who chose to receive their 2007 tax refunds by direct deposit. All others should begin receiving paper checks one to two weeks later.[19] Direct deposits will begin Monday. Checks: People who receive regular tax refunds by check are to receive their rebates by July.[44] Checks are being distributed only to people who file 2007 tax returns. Those who opted for direct deposit will likely get rebates sooner than those who chose the mail route.[45] If the last two digits are between 00 and 20, if you filed a 2007 income tax return and if you signed up for direct deposit, then you should get your rebate check Monday.[46]
Couples who make less than $150,000 will receive 12 hundred dollars, an additional $300 rebate per child will go out to parents. Those who filed their tax returns electronically will be the first to receive the checks.[33] Individuals who filed a tax return for the 2007 reporting year can expect to receive up to $600 back from the government; married couples can expect $1,200 plus an additional $300 per child.[47] To qualify : Must have at least $3,000 in income to receive the minimum rebate of $300; the minimum rebate for a couple filing jointly is $600. An individual tax filer will receive a maximum rebate of $600; for a married couple filing jointly, it's $1,200.[19]
Almost 7.7 million Americans will receive rebates, ranging from $300 to $1,200, in the coming week via direct deposit.[31] By the summer, the Treasury Department will have sent rebates to 130 million U.S. households. Those eligible can expect to receive rebates up to $600 per person, $1,200 per couple, and $300 per child.[5]
Altogether, the Treasury plans to distribute about $107 billion in rebates to more than 130 million people. The idea is to put money into people's hands quickly so they can spend it and help stimulate the nation's faltering economy.[43] Some 117 million households will get a share of $100 billion in tax rebates as the government implements its plan to stimulate the economy.[48] The survey group also said the tax rebates are likely to have only a limited effect on the worsening economy. Bush's rebate remarks came before his visit to Connecticut, where he touted anti-malaria efforts at the original Boys and Girls Club chapter in Hartford, and then hosted a $750,000 GOP fundraiser at the South Kent estate of former Nixon administration aide Henry Kissinger.[3]
Mr Bush said it was "obvious" the U.S. economy was in slowdown, but luckily the government "recognised the signs early and took action". "The money is going to help Americans offset the high prices we're seeing at the gas pump, the grocery store, and also give our economy a boost to help us pull out of this economic slowdown," he said.[48] Experts believe that some Americans will just use the money to pay bills. "About half of them are going to pay off credit cards debts or other debts that they have and that's paying for past consumption," said Economics Professor Richard Crowe. Crowe says the economy will have a better chance to recover if Americans decide to spend their check on new products.[18] How much the legislation's rebates and tax breaks will juice the gross domestic product, however, is anybody's guess. Jittery consumers may simply pocket the rebates or pay down debt when their checks arrive next month, rather than pumping money into the economy.[39]
". If they had given every homeowner $5,000, then you'd have given homeowners major dollars. Their debt and bill levels are so high. so when they get this money they're only going to get caught up some more." Consumers with direct-deposit bank accounts will get their rebates starting Monday. Otherwise, checks will be mailed in May, not a moment too soon for consumers struggling to keep pace with rising gas, food and energy prices.[35]
San Antonio taxpayers should start receiving economic stimulus rebate checks on Monday, April 28, as the U.S. Treasury will be depositing money directly into accounts almost a week early.[47] President Bush said economic stimulus checks will start going out next week, instead of next month. That's because the U.S. Treasury said things are running ahead of schedule.[16] Washington, D.C. (AHN) -- President Bush announced that stimulus checks will start going out to U.S. taxpayers Monday by direct deposit.[12] The first economic stimulus checks will start going out via direct deposit on Monday. That's five days earlier than originally expected.[30]
The first federal rebate money will be sent out by direct deposit, while paper checks will start going out in the mail on May 9.[46] The IRS says the first direct deposits of rebates will begin Monday, with paper checks to follow starting next month.[11]
About 7.7 million Americans who chose direct deposit will be the first to receive the checks, according to the Internal Revenue Service.[42]
If you chose to receive payment via direct deposit, you can expect a $600 boost in your checking account as soon as today. With all that newfound cash burning a hole in your pocket, it's only right that you start eyeing some tech goodies - and maybe some necessities, too. These 16 products (priced from $500 to $600) are all highly rated by PC Mag analysts, and fit your newly enlarged budget. Whether you're on a tech spending spree or just want a practical computing makeover, you can have anything on this list.[49] The payments will be up to $600 for individual taxpayers, $1,200 for couples plus $300 per child. Congressional Democratic leaders say they will press Bush for more legislation to spark the slowing economy. They are weighing a plan to boost spending on highways and other infrastructure as well as other spending measures.[25]
Officials said that about $50 billion of rebates should be in taxpayer hands by the end of May, and more than $100 billion a month later. Congressional Democrats, while saying they welcomed the rebates that they also supported, said they were troubled by Bush's shift in emphasis toward using the money for staples rather than broader consumer spending.[3]
The rebate checks are part of a $168 billion economic stimulus plan that Bush signed into law more than two months ago.[25] The U.S. government plans to give rebates to consumers totalling more than $100bn ('50bn), as part of a wider economic stimulus plan, imminently.[14] The rebates are the single most important feature of the economic stimulus plan, but businesses will also benefit from $50bn in tax cuts.[14]
The Ohio Democrat said a "rebate check is not a long-term solution for economic problems facing middle-class families across the country. It does not even cover the increased gas costs for a typical couple compared with a year ago, to say nothing of the cost of food or other necessities." The stimulus package also includes tax incentives to encourage companies to expand this year.[2] Democrats were quick to pick up on the change of focus. "It's galling to think that taxpayers' stimulus checks will be lining the pockets of OPEC. The sad truth is that the average American family will spend almost their entire stimulus check on higher gas prices this year," said Sen. Charles Schumer, D-N.Y., chairman of the Joint Economic Committee of Congress.[7]
According to research firm NPD Group, restaurant visits rose by 2 percent for about six months during and after a similar federal stimulus program in 2001. Last year, Wilma Camacho-Burton saw steady foot traffic at Citrus Punch Designs, her women's clothing store in downtown Riverside after people received their annual tax refunds. She expects a similar response with the stimulus checks. Because of the economy, customers have lately been buying fewer accessories with their clothing purchases. "From what my customers are telling me, they're probably going to wait for just before Mother's Day to do their spending," she said.[31] The hope is that the 110 billion dollars in stimulus checks will initiate a spending spree among Americans, which in return will boost the economy.[33]
For instance, if you use your entire stimulus check at Sears or Kmart, you'll get a gift card with 10-percent over the rebate total. Supervalu, parent of grocery chain Acme, will tack on an extra $30 of spending power, if you exchange your check for one of its stores gift cards.[30] Radio Shack customers will receive a 10 percent discount on purchases of $50 or more when a stimulus check is used. At Jewel-Osco, customers can turn their checks into gift cards of $300 increments plus an additional $30 per card. Spending the afternoon with her mother in Orland Park, 28-year-old Christina Rascon didn't have to think twice about how to budget her check.[40]
Although the tax rebate will increase spending temporarily, "the global rise in food and fuel prices, the decline in home values and higher credit standards are likely to persist for some time and lengthen the period of stagnation in consumption," the report found. The National Retail Federation found more enthusiasm about spending in its recent survey, with consumers more likely to buy something (40.6 percent) than pay debt (28.4 percent) or save (18.7 percent). Chris Fredette, the owner of Carolina Custom Sound in Advance, expects his business will increase by up to 20 percent between now and the end of June because of the stimulus rebate.[36] House Speaker Nancy Pelosi, D-Calif., Majority Leader Steny H. Hoyer, D-Md., and Minority Leader John A. Boehner, R-Ohio, hailed the rebates at a noon press conference. They remain divided over whether and when a second stimulus is needed. Bush and congressional Republicans thus far have said they want to wait until they see what impact the tax rebates have once they reach consumers''' pockets. Democrats want to move ahead now with steps such as an extension of unemployment benefits, expansion of food stamps and infrastructure spending to create jobs.[22] House Majority Leader Steny Hoyer, D-Md., said Wednesday that ideas being considered include an extension of unemployment benefits, more food stamps and investment to rebuild or repair the country's bridges, roads and sewer systems. It hasn't been determined if that spending would go into the supplemental bill or a standalone stimulus measure. Bush has said he would veto any supplemental budget bill for more than $108.5 billion, and the White House has indicated that it doesn't want the legislation to be loaded with domestic, non-emergency spending.[9]
"We're trying to tie that with the stimulus package and financing deals," Tomb said. "It helps people get more for the money." Some store visitors have already said they plan on buying a television with their checks, which are expected to be about $1,200 per couple, Tomb said. [32] The leisure industry is not relaxing. Internet travel site Expedia said it's offering a $200 coupon for certain vacation packages - to "stimulate the U.S. economic stimulus package." Retailers are reacting, too: Wal-Mart plans to cash tax-rebate checks at its stores while running promotions coaxing shoppers to check out the "everyday low prices" there.[19]
Paper checks will be put in the mail starting May 16. People who file a return after April 15 will receive their economic stimulus payment, but probably about two weeks later than the schedule shows. A return must be filed by October 15 in order to receive a stimulus payment this year.[4] Some low-income workers, Social Security beneficiaries and others are not required to file a return but are still eligible to receive stimulus checks. To receive their payment, they must file a 1040A federal tax form by Oct. 15 and write "Stimulus Payment" at the top, or use a special electronic form located on irs.gov.[21] A. To receive a payment, taxpayers must have a valid Social Security number, make at least $3,000 in income and file a 2007 federal tax return.[6]
Adjusted gross income : As defined by the Bureau of Economic Analysis, is the taxable income before exemptions and the standard, or itemized, deductions reported on federal income tax returns. Eligibility : Some 20 million Americans aren't required to file a return because their income is too low, but they must have filed to receive a rebate.[19] When: Payments will start going out May 2 through the summer. Those who e-filed will see their payments the quickest. Tax returns processed by April 15 should receive their rebates by mid-July.[40]
"Once the tax return is filed and processed, then the stimulus payment will follow." Mike Sullivan, director of education at Take Charge America, a Valley-based credit counseling organization, said taxpayers should follow his 85 percent, 10 percent, 5 percent formula when allocating their stimulus payments. "The big thing to do with the bulk of it is use 85 percent to pay off debt," he said.[42]
If you meet the criteria, you are still eligible for a stimulus payment. The quicker you file, the quicker you'll get your payment," he said. (Keep in mind that the IRS often uses the terms "economic stimulus payment" or "stimulus payment" instead of "rebates.") As long as you file by Oct. 15, you'll receive a rebate this year, he said.[43] To help you estimate your rebate amount or determine whether you qualify, the IRS has provided an Economic Stimulus Payment Calculator at www.irs.gov/ app/espc.[19]
The Federal Government is sending out the economic stimulus checks early, to help offset the increasingly troubled economy.[27] The first of those economic stimulus checks from the government hit the mail on Monday.[37] NATIONWIDE -- The first round of the economic stimulus checks will be distributed Monday.[29]
To spend or not to spend. That's the question many Arizonans face beginning next week when they start receiving their economic stimulus checks.[42] The federal economic stimulus payments will start hitting Americans' bank accounts this week.[19]
"Starting Monday, the effects of the stimulus will begin to reach millions of households across our country," Bush said Friday in remarks on the South Lawn of the White House. Those first rebates will be directly deposited into people's bank accounts.[7] The stimulus package is a tough miracle pill to swallow. Bush has made it very clear that he wants the rebates to leave bank accounts almost the moment they arrive - a literal shopping spree.[24]
WASHINGTON -- Tax rebates are coming out earlier than expected and even could be appearing in your bank accounts as soon as Monday, President Bush said yesterday.[20] Getting Triad residents to spend their economic-stimulus tax rebate may be harder than the Bush administration expected. With the rebate being electronically deposited into taxpayers' accounts as soon as today, area residents said they are leaning toward saving for a rainy day or paying debt rather than making a big purchase.[36]
U.S. President George W Bush said the tax rebates, aimed at some 117 million U.S. homes, would be given starting Monday. They had been due to go out in May.[14] The BBC reports that U.S. President George W Bush said the tax rebates would start to be given out on Monday instead of the scheduled start in May.[48]
If you are single, you will receive up to $600 hundred dollars. Couples will get $1,200 dollars and as for the paper checks, President Bush says those are also ahead of schedule. Those checks will start going out May 9th.[18] Eligibile individuals will get $600, couples will get $1200 and for each child, $300. President Bush hasn't said the country's in a recession, he simply uses the term "economic slowdown." whatever the term, Northlanders are feeling the pinch.[27]
The IRS will send the rebates - up to $600 for an individual, $1,200 for a couple and an additional $300 for each dependent child - a week earlier than previously announced, Bush said Friday.[6]
The rebates, which will range from $300 for individuals to $1,200 for couples, are the centerpiece of the government's $168 billion stimulus package, enacted in February.[13] A married couple with an adjusted gross income of $150,000 or less will receive $1,200, plus an additional $300 per child. The rebates begin to phase out for couples with adjusted gross incomes above $150,000 and disappear for those making $174,000 or more.[2]
'''And we have begun some conversations with the administration and the Republicans on that.''' The tax rebates, which range from $300 to $600 per individual (double for married couples) are expected to reach some 130 million households by this summer.[22] The Treasury will send more than 7 million tax rebates electronically next week and on May 9 will begin mailing checks to U.S. households.[25] "Demand for high-definition is going crazy right now, with prices going down and technology improving," Fredette said. "I'd say about 70 percent of the customers who had been thinking about improving their home-entertainment center are likely to go ahead now because of the extra tax rebate. "It also may make a difference in them buying a bigger TV than they had originally planned." Even as gas and food prices are taking a bigger chunk out of her budget, Charmin Bell of Winston-Salem said that her rebate check needs to go to paying off bills.[36] With high grocery and gas prices, many people already know exactly how they'll spend their rebate checks, and that's exactly why the government is sending them out earlier than expected.[28] As fuel and food prices soar, and housing prices sink, finally some good news for consumers. The government is taking action by sending out those rebate checks a little early.[30]
Any spending generated by the stimulus rebates should garner ripple "multiplier" effects over the next few months, the economist said. In the meantime, major retailers are jockeying to get consumers to send some of those rebate dollars their way. Sears Holdings and grocer Kroger Co., which operates Ralphs, are offering discounts and freebies to consumers who turn their rebate checks into gift cards. Home Depot is inviting shoppers to spend their rebates on eco-friendly light bulbs and other energy-saving products.[31] The rebates are part of a US$150 billion economic stimulus plan that aims to boost growth and encourage spending, and avert a recession.[48] The government is trying to give you an economic stimulus boost sooner than expected. The Treasury Department will begin issuing direct deposit stimulus payments Monday, April 28, five days earlier than previously announced, the department reported on its Web site.[45] The Treasury Department said it hopes to get the first $50 billion out by the end of May. People who use direct deposit will get their payments soonest.[21] People who use direct deposit also will be among the first to receive the payments startingApril 28.[4]
Direct deposits: People who receive regular tax refunds by direct deposit are to receive their rebates this month.[44] If you received your regular tax refund via direct deposit, you'll be among the first to get your rebate.[29]
The order in which the rebates are sent out will be based on when you filed, the last two digits in your social security number and whether you opted for direct deposit.[50] According to the IRS, the payment schedule is based on the last two digits of your Social Security number, and whether you opted for a paper check, or a direct deposit.[16] What if you didn't fill out the "direct deposit" section of your return? The Treasury will mail you a check, using a schedule that's also based on the last two digits of your Social Security number.[43]
In general, if you filled out the "direct deposit" section of your return, the Treasury will deposit your rebate directly into your bank or credit-union account, Internal Revenue Service spokeswoman Peggy Riley said.[43] The checks are arriving ahead of schedule, with direct deposits into Americans' bank accounts beginning in the morning.[8] All the sender or caller wants is to steal a person identity by getting the taxpayer to reveal personal information. "What they pretend to do is say you're going to receive one of our checks and were going to directly deposit it into your bank account, but we need information from you," said Lt. Mickey Garner of the Metro Police Department.[51]
By the end of next week, checks will have been deposited into the bank accounts of 7.4 million people. Most people will get their payments by July 11.[21] If a person calls a consumer and asks for a Social Security number and bank account to complete a rebate, Rodriguez says that person should hang up the phone and report it to the IRS at 1-800-366-4484. "People need to be aware that there is fraudulent activity happening and should be careful with their personal information," Rodriguez says. "Law enforcement and the IRS are doing everything they can to prevent this activity."[47] Again, the first rebates will be directly deposited into people's bank accounts.[30]
About 7.7 million people will get electronic rebates in the first week alone. After this, paper checks will begin arriving by mail.[8]
Keagle has seen several similar economic cycles over the past 40 years, and his restaurants' business currently is down about 10 to 15 percent from a year ago. "I don't think a lot of people are going to take their rebate money and buy a $30 steak at Sycamore Inn," Keagle said.[31] To spend or save - that is the economic question. Bill Casper plans to buy a handgun with his rebate, partly because he said he finds the irony hilarious. "I think it would be so fitting to use that money from the federal government to buy a gun because so many politicians are always trying to take them away," said Casper, of Oak Lawn. Jake Banjeglav, of Mokena, believes it's time for a treat - albeit a painful one. "I'm getting a tattoo," he said.[40]
"It'll be around $600. It's going to be pretty big," he said. With an economy on the decline, many Southlanders are opting to put their checks toward practical expenses, like paying off debt or making improvements around the house. That comes as no surprise to St. Xavier University finance professor Paul J. Belsky, who describes today's mood as "cautious optimism." "Whether or not households are going to get their checks and spend them - which is what this plan envisions - I don't know," he said.[40] President Bush is betting that the stimulus checks will pump life into the economy.[6] "But it is clear that the tide has changed. "For paying down debt and paying living expenses to get such high percentages in our survey, it is clear that the economy has taken a toll on our member-owners financial needs." Bryan Gower of Kernersville said that he and his wife have a special reason for putting his stimulus check into savings.[36]
The club is running a promotion that matches the full price of a stimulus check up to $1,200.[40] How much: For individual taxpayers who make less than $75,000, the stimulus check translates to up to $600.[40] In all, 130 million households will get stimulus checks, for a grand total of more than $150 billion.[8] SARASOTA COUNTY - The check is in the mail. Almost one million taxpayers will get their economic stimulus checks early.[26] The Government will be sending out those economic stimulus checks starting Monday.[52] Surprise! Economic stimulus checks are coming out earlier than expected, thanks to a new computer program at the Treasury Department, which can update records daily instead of weekly like the old system.[49] "I might go out to eat with my kids one night, so I might splurge just barely," said Easley. For a quiz to see if you are eligible for one of those economic stimulus checks and how much you will get, you can click the link above.[34]
A tattoo, a gun and a flat-screen TV. No, those are not on a dying man's wish list. They are just a few of the items Southlanders will spend their stimulus checks on once they start popping up this week.[40] The delivery date of paper checks will be bumped a week as well, starting May 9th. "They want to get the money out there to the people because of the need." The President hopes the money will go right into local economies, but that's not how people told us they will spend it.[26] The Bush administration is hoping that people will spend the money on clothes and other items, to help bolster the economy.[41] "I know what the goal is for the stimulus, but I'm more than likely to invest it and try to make more money that way," said Pinkie Shuler of Winston-Salem. Trean Ellis of Denton said that she and her husband are putting their stimulus money toward a down payment for a home they are planning to build in Lexington. "It may end up being a small part of what we need, but every bit helps in this economy with gas prices being the way they are and both of us commuting to work," Ellis said. "It would be nice to buy a big-screen TV but we've got other priorities now."[36]
The coming tax rebates have yet to inspire much confidence in consumers. The University of Michigan reported Friday that its index of consumer sentiment decreased to 62.6 in April, from 69.5 the prior month. That marked a decline from its preliminary estimate of 63.2 issued on April 11. It's also the lowest reading for the index in over a quarter-century, and the report showed that expectations for the future are gloomier while inflation expectations are rising. Many investors on Wall Street have concluded the U.S. economy is already in recession as the national housing market posts its largest price declines on record since the Great Depression.[13] Florida consumers who face foreclosure would be wise to use the tax rebates to make a mortgage payment, said Jessica Cecere, president of the Consumer Credit Counseling Service of Palm Beach County and the Treasure Coast.[6] Denise Mason of Union may use her chunk of the federal tax rebate to pay for a new husband.[19] The tax rebate checks are going out early, which is a few extra days you get to play with your new iPhone. Or GPS device. Or destkop PC. Or. or.[49] Tax rebate checks will be distributed to most tax-paying Americans. The rebates serve as a one-time tax cut initially based on their 2007 incomes.[21]
Online travel company Expedia Inc. has launched a campaign called "The Great Tax Rebate Vacation." Calls to local retailers found a handful that are planning stimulus-specific ad campaigns or might consider them in coming weeks. Whether or not they're advertising, local businesses want to help customers get the biggest bang for their bucks.[32]
Retirees and disabled veterans are eligible for rebates. Those who do not normally file a return have until Oct. 15 to send a return to the IRS to be eligible for a rebate. With the nation's gross domestic product expanding at an anemic 0.6 percent in the fourth quarter of last year and banks such as Citigroup of New York and National City of Cleveland posting large losses, many economists are skeptical about whether the rebates will help much.[2] Some will go out later. A message for those who got an extension -- the IRS says you must file your return by October 15 if you want the rebate money by the end of the year. Therefore, readers should subtract seven days from all dates shown.)[17]
Within the next week or so, the IRS plans to begin mailing notices to people who'll be receiving rebates. Unlike the general notices mailed earlier this year, these notices will be specific to your situation, letting you know exactly how much you can expect to receive and when you can expect to receive it, Riley said.[43] Beyond that, leave the rest of the work to the IRS, which will calculate how much you will receive and send you your check. Issue #1 - America's Money: All this week at noon ET, CNN explains how the weakening economy affects you.[21]
The checks were for about half the amount, and instead of the anticipated 130 million that are going out in the next few months, the IRS sent only 112 million payments in 2001, said Illinois IRS spokeswoman Sue Hales. If spending trends stay true to what they were seven years ago, NPD Group restaurant industry analyst Bonnie Riggs predicts the health, apparel and restaurant industries will benefit. By mid-June, she expects the restaurants - which have been hurting - to start experiencing the boost.[40] The goal is to put a total of $160 billion in consumer's pockets and boost spending to help the national economy.[28] A slowing economy, on the other hand, can be prodded by an increase in consumer spending. One of the best ways to do that is to give more help to those struggling to find a job.[39]
The Bush administration is hoping the cash will help boost the economy out of what it calls a "slowdown." Analysts say many risk takers will try to turn their rebate into a winning ticket.[46]
Resisting lawmakers' calls for additional stimulus measures, Bush has said the initial package of rebates and business tax incentives should be given time to have an impact.[9] Top Democrats in Congress, however, said the rebate checks may not be enough to spark a recovery and a second stimulus package may be needed.[10] Congress should extend unemployment benefits before more economists say we're in a recession. Members of Congress were so concerned about the economy that they set aside their usual partisan differences and quickly passed a $152-billion stimulus package in February.[39]
The stimulus allows for a 5% phaseout rate for households above the income caps of $75,000 for single filers and $150,000 for joint filers. The rebates of those taxpayers will be reduced by the amount of income above the cap multiplied by 5%.[21] Eligibility for the rebates phases out starting at $75,000 adjusted gross income for individual taxpayers and $150,000 for married couples.[22]
To be eligible for a full rebate, single tax filers must have 2007 adjusted gross income (AGI) below $75,000 and joint filers must have AGI below $150,000.[21]
In general, the minimum rebate amount will range from $600 to $1,200 if you're married and filing a joint return, $300 to $600 if you used another "filing status" on your federal income-tax return (such as "single" or "head of household").[43] The rebates are up to $600 for an individual, $1,200 for a couple, and an additional $300 for each dependent child.[16]
By contrast, a couple earning no less than $3,000 a year is eligible for a $600 rebate as well as $300 per child.[2] Qualifying parents : Will receive an additional rebate of $300 for each child, if the child was under age 17 at the end of 2007 and lives with the parents for more than half the year.[19]
Eligible taxpayers will receive payments of up to $600 per person, $1,200 for couples, plus an additional $300 per child.[37] Single taxpayers could receive up to $600, while it could be up to $1200 for married taxpayers.[23]
Couples with AGI below $150,000 will receive rebates of up to $1,200.[21] Married couples who filed joint returns and don't earn more than $150,000 can see up to a $1,200 rebate.[40]
The National Retail Federation is on the alert, of course, predicting Americans will spend about $43 billion of the rebate, while socking away the rest, or paying off debt and medical bills.[19] "We don't think it will go into the piggy bank," Riggs said. "They may hold onto them longer for a security blanket, but then they may get to the point where they say 'I've been through enough. When Bob Johnson sat down with his wife and two teenage children, the Homer Glen family had to resolve to spend their rebate check on a vacation or a membership to Riviera Country Club and Sports Center in Orland Park.[40] Assuming you're eligible for a rebate, it'll be deposited directly into your bank or credit-union account, or mailed to you in the form of a check.[43] I would like my refund rebate check direct deposite into my checking account.[4]
"When I get my rebate check I'm going to use it to pay off my debt, or put it towards debt," said Rhonda Mohr.[52] "Some people will spend it, but will everybody who gets a check spend it? I have my misgivings about that." More likely, Belsky expects people to use some of their checks to pay down outstanding debt and the rest as discretionary spending.[40] I would love to see some of these people who rely on the government and the working american to pay all their bills: ie food stamps, passport healthcare, medicaid, etc. to get off their behinds and work the hard as the rest of us. These people should have a time limit to use goverment assistance, no longer than 5 years, enough time to get an education and a good paying job. It's ridiculious how many people abuse the system, that's why our economy is so in debt.[4] Several recent surveys have shown that most Americans plan to put the money in savings, or use it to pay down debt or other bills.[37] Anne Kist of Jupiter plans to put her tax-rebate check in the bank. John Batista of Stuart will use his to pay off credit card bills.[6]
Some Southlanders will oblige. Having just purchased a house, Tinley Park resident Mike Martello is emptying his pocketbook to pay for paint and furniture. That won't eat into his stimulus check. He has a different plan for that extra cash.[40] Cobra Nav ONE 5000 At this time last year, a GPS device may have seemed like an extravagance, but as they become more and more commonplace, it's hard for a lot of people to imagine life without one. Apple Mac mini (1.83-GHz) Has your desktop tower kicked the bucket? Maybe your stimulus check is a sign it's time to make the switch to Mac.[49] The words "stimulus package" are stamped in black on the envelope. Lenny Carfarelli said sales are up 10 percent to 15 percent since the mailings began, and he's planning another one next month. "Unfortunately, I did get some people who didn't like it," he said, because they thought the mailing was a real check "and they needed the money."[35] Whatever the value of the checks, retailers are ready to cash in. Sears was one of the first companies to announce its "Stretch Your Stimulus Check" promotion. The offer, good at Sears, Kmart or Lands End, gives customers the option of converting the entire value of their stimulus check into gift cards and bonus gift cards equal to 10 percent of the check.[40] NASHVILLE, Tenn. -- Metro police said scam artists are calling and e-mailing hoping to make a quick buck on taxpayers' government stimulus checks.[51] Here's what every tax filer needs to know about the soon-to-be-distributed stimulus checks.[21]
The IRS will start mailing checks on May 9, the president said. The IRS says all checks for those who filed tax returns on time are scheduled to be deposited or mailed by July 11.[4] The IRS said the only form that must be filled out is a 2007 tax return. Those who have done that can relax and wait for the post office to deliver their check.[51]
A small percentage of tax returns will require additional time to process and to compute a stimulus payment amount. For these returns, stimulus payments may not be issued in accordance with the schedule above, even if the tax return was processed by April 15.[4] Your stimulus payment is a one-time tax cut - an advance on a credit you'll receive on your 2008 return.[21]
A. Starting next week, the Treasury Department will send economic stimulus payments to more than 130 million households.[6] Nine out of ten Americans believe the country is already in a recession. That's part of the reason why the White House issued its economic stimulus plan putting hundreds of dollars into millions of American's pocketbooks.[34] Differences over economic stimulus will reemerge in the weeks ahead as the White House and Democrats clash over a supplemental funding bill for the wars in Iraq and Afghanistan. Congressional Democrats are considering using the legislation to advance their domestic spending priorities, including some stimulus measures.[9]
Economic stimulus payments will be issued according to the last two-digits of the main filer's Social Security number.[45]
Be sure to sign your return before you mail it in. That's all you need to do, Scharin said; the IRS will process your rebate based on the information you provide on that form (such as your name, address, Social Security number, and amount of your qualifying income).[43] To qualify: You must have a total income of at least $3,000, have a valid Social Security number and not be a dependent on another'''s return.[44]
As for when you can expect your money that depends on your social security number and whether you use direct deposit. [16] The Internal Revenue Service had been saying direct deposits wouldn't start until next Friday, and that paper checks wouldn't start going out until May 16.[2] The first round of direct deposits starts Friday and will continue through May 16.[43]
WASHINGTON -- Give yourself a pat on the back if you're one of those Americans who have their income-tax refunds deposited directly into their bank accounts: You will be first in line Monday when the federal government starts sending out billions of dollars in rebates. [2] The first round of rebate checks starts May 16 and will continue through July 11.[43]
Just remember that your rebate won't go out in the first round, as described above; you'll receive it after the IRS processes your return.[43] If you can be claimed as a dependent on another taxpayer's return, you won't receive a rebate.[19]
Inflation is something." For many taxpayers, Gunther said, "The stimulus is not viewed this time as something extra. Even Robinson, the furniture-store owner, may lavish his rebate on a gas pump, he said. "Everyone is feeling the pinch of gasoline prices," he said. "It affects everything, including the cost of furniture."[19] U.S. Rep. Ciro D. Rodriguez, D-San Antonio, warned consumers Friday that there might be criminals posing as IRS agents. Scam artists are using the economic recovery rebates as a way to steal taxpayers' identities, he says.[47] Chapman University economist Esmael Adibi said the latest national consumer sentiment data -- the lowest reading since the early 1980s, according to a monthly Reuters/University of Michigan index -- doesn't bode well for major spending with the rebate money. "At the most, 50 or 60 percent of that money will be spent," he said.[31] Consumer spending accounts for 70 percent of the country's economic growth. "What they'd ideally like everybody to do is to go out to Wal-Mart or Home Depot or Macy's and buy something," said Chris McCarty, director of the University of Florida's consumer confidence survey.[6]
Of course, like everyone else, retailers relying on America's extraneous spending habits are hit by fuel and rising material costs - which drives store prices up and turns empty-pocketed consumers away. Bush encourages women (and men) to treat themselves to a splurge, almost as if he is saying, "Don't worry about it, it's on me." What would he say when the short burst of spending ends and Americans are once again struggling to pay the bills? Probably more of the same. If only his rhetoric could fuel our vehicles and feed us all.[24] Sam Easley has it all planned out. "Pay bills as far as they'll go, that's savings," Easley said. He says especially with other factors like Missouri's rising gas prices. He's simply focused on paying off bills, not spending extra money.[34] The gas crisis is at a massive inflation, and the high prices are affecting every american family. The cost of living has gone up so much, you can feel it almost every part of your budget, it simply cost more to eat, travel, live, pay all those utility bills and more.[4]
"Consumers are getting hit by so much today," said Chuck Keagle, who owns several Inland restaurants including Cask 'n Cleaver, Sycamore Inn and Blackwood American Grill. "My guess is they're going to take those checks and maybe save some of it, but they're mostly going to reduce their debt." Keagle said those worried about gas prices, jobs and the elections might decide to take a break and splurge on a meal at local family-style restaurants. It likely won't make a deep impact on restaurateurs' bottom lines.[31] According to some analysts, the shrinking U.S. dollar is the culprit for oil's spike over the past year. There's also a projected 80 percent chance that the Federal Reserve will make another rate cut this week. driving the dollar further down and gas prices (and consumer rage and pain) up.[24] The economy ''' burdened by the collapse of home prices, a financial and credit crisis, and now rising energy and food prices ''' grew at an anemic 0.6 percent in the final three months of last year and is believed to have gotten even weaker in the first three months of this year.[7] A trio of crises — housing, credit and financial — has threatened to plunge the economy deep into recession. The economy grew at an anemic 0.6 percent in the final three months of last year and is believed to have gotten even weaker in the first three months of this year.[11] With the economy faltering, the nation's unemployment rate has climbed to 5.1 percent, the highest since September 2005, when it suffered from the devastating blows of the Gulf Coast hurricanes. Job losses in the first three months of this year neared the quarter-million mark.[7]
The rebates are designed for consumers to put the money back into the U.S. economy. [50] The plan is for Americans to spend the money which would pump much needed dollars into the economy.[34] The federal government wants you to spend that money and hopefully stimulate the economy.[26]
The price of fuel will take every bit of that to put gas in the car," said Chad Kirby. "It's going to be good for the economy as long as people spend it wisely and don't go out and waste it," said Dale Caudill.[18] The collapse of the once high-flying housing market has been the biggest weight on the economy. With many people watching their single-biggest asset — their home — falling in value, they have been less inclined to spend, weakening the economy.[11]
People are not necessarily making any more money, raises have diminished b/c the economy has slowed so far down. I am a middle-class working woman with a family, who does not abuse the gov systems that alot of women in this country do.[4] "I do hope the economy can be improved; otherwise, I don't know what the American people, or any other people, are going to do.[19] Produced by Laura A. Bischoff; DDLY; News; Ohio Attorney General Marc Dann responds to questions on April 9, 2008 about sexual harassment complaints against his employee Anthony Gutierrez. Dann also denies an allegation that his scheduler Jessica Utovich was at his apartment wearing pajamas.; DDLY; DaytonDaily; News; dann; With the economy a bit slow more people are looking for ways to supplement their income.[45]
"Our consumer research showed three out of five homes, despite the economy, were very interested in making small home improvements," Sears spokesman Larry Costello said. "We wanted to help them stretch their dollars." Following suit, Radio Shack and Supervalu - Jewel-Osco's parent company - announced their own versions of stimulus promotions Thursday.[40] "When you have four children, I'm sure some of it will be siphoned off to pay for the necessities of life," Bell said. "But this is an opportunity to pay down some obligations that eventually will help free up money for other things." A survey by Truliant Federal Credit Union of more than 700 members found that 90 percent either planned to pay down debt or add to their savings with their stimulus money.[36] Next year you will recieve a paper and have to claim that un-taxed money on your taxes against yourself. What will help everyone for now, won't help them next tax time. Oh if I get one I'll definately spend it, or better said, the wife will! I'm very skeptical when somebody says they are 'giving' me something.got to be strings somewhere. especially if I'm not owed the money.[18] "We won't be going out to spend it as quickly as we can. As a taxpayer, I just go through with my income taxes and that will help offset some of those costs." Some say they plan to invest the money.[26]
"The check's definitely going to help." It's also a welcome bonus for Christine Loomis, who wishes she could splurge with her check. "It must be nice to use that money for a vacation," said Loomis, who also lives in Tinley Park.[40]
A recent study shows that when consumers received rebate checks in 2001, they held onto them for awhile.[46] Local residents' reluctance to spend the rebate check isn't surprising to economists.[36]
About 130 million households will receive rebates during the next few months, Bush said.[25] For the next three months, the U.S. Treasury Department will distribute more than $100 billion in rebates to about 130 million households.[2]
The Bush rebates may come just in time to fill up the family van, but analysts say $130 a barrel is possible with the upcoming summer demand.[24] The rebate is part of a $168 billion economic-stimulus plan approved by Congress in February.[36] Single filers with AGI below $75,000 will get rebates of as much as $600.[21] You may be eligible for an additional rebate amount of up to $300 for each child you have who was under 17 as of Dec. 31, 2007.[43] Families with children would receive an additional payment of $300 per child.[22] Parents will also receive $300 per child under 17; there is no cap on the number of qualifying children eligible.[21]
A family of four earning just $4,000 a year would receive $1,200 from the government.[2] Couples with a combined income of less than $150,000 will receive $1,200.[8]
"The strain of the economic downturn on middle- and low- income families demands, in my view, consideration of a second stimulus package,'' House Speaker Nancy Pelosi said at a press conference in Washington today. [25] Hey, Democrats were does the money come from for the second stimulus package in the near future.[28]
At Elizabeth Arden Red Door Spa : Two daylong "Ultimate Embrace" spa packages ($498 each), including massage, facial, pedicure, manicure, makeup application and lunch, with money left over for a really nice tip.[20] At the Outer Banks : One-week (June 8-14) rental of a four-bedroom, three bath beach house in Southern Shores ($1,000), with money left for pizza and BrewThru runs.[20] Putting the money in the bank is the exact opposite of what president George Bush and Congress want Americans to do.[33] Beginning Monday, millions of people around the country will see extra money in their bank accounts.[27] We will not be calling and asking for your Social Security or bank account any of that information," said Boone. Those who do get one of the calls or e-mails, should contact both the police and IRS.[51] If the last two digits of your Social Security are between 21 and 75, your rebate will be deposited directly into your account May 9.[43] Who'''s first: Rebates are being distributed by the final two digits of Social Security numbers.[44] B ut within six months, two-thirds had spent it. This time around, your Social Security Number will determine when you get your rebate.[46]
Today's Home & Leisure in Mechanicsburg sells grills, home theater systems and other home items. Its newspaper ads will probably mention the stimulus and offer a certain percent off for customers who bring in the ad, said co-owner Michele Dobb. Harris TV & Appliance, in Harrisburg and Mechanicsburg, might run radio spots reminding listeners that they carry new lines of televisions and are offering tiered rebates for multiple purchases of some appliances, said manager Matt Tomb. [32] Wilson, for one, foresees a possible increase in sales of "big-ticket" items. That's good news for Danny Robinson, owner of Discount Furniture Co. in Jackson. "I'm expecting to do business out of this rebate," he said, "which is good, because, I feel the economic slowdown."[19] This is it the week that the U.S. Treasury starts distributing rebates under the new federal economic-stimulus law.[43] WASHINGTON ' Federal tax rebates will start being sent out Monday, earlier than previously announced.[53]
History shows rebates lead to a short-term spike in gambling when people view it as free money.[46] "I know Ohioans are hurting and am hopeful that the rebates will work as a shot in the arm to spur growth, restore consumer confidence and get people working again," said Sen. George V. Voinovich, R-Ohio.[2]
"I'm looking forward to it," said Brenda Liffengren. Many experts say consumers will spend about two-thirds of their new money within the first three months of getting it.[52] I opened a new gift & jewelry shop early last year. It's not doing so well because people can't afford anything extra thanks to the gas prices.[4] Shopping was chosen by just 7.4 percent. "In past years, people might have said they were going to use their refund to take a vacation or to go on a shopping spree," said Ginger Salt, a senior vice president of markets for Truliant.[36]
A: Yes. Assuming you filed a 2007 federal income-tax return earlier this year, and you're eligible for a rebate, it will arrive in the first round, as mentioned above.[43] Late Filing: If you filed a return by April 15, you can be pretty much assured that you'll receive your rebate according to the schedule listed above.[43]
Nearly 8 million Americans will receive their electronic payments next week, according to the department.[45] About one out of every six unemployed workers has been without a job for more than 26 weeks -- far more than at the start of the last recession. By the end of the year, 3.5 million Americans could run out of benefits before they find work. Those statisticsmay be a sign of something more troubling than a cyclical downturn. They may also reflect years of slow job growth caused by globalization and a technology-driven shift in employment opportunities. Those problems can't be addressed by stopgap measures.[39]
"About 3.9 million taxpayers in North Carolina will get a total of about $3.4 billion in stimulus payments," said Mark Hanson, a local spokesman for the Internal Revenue Service. [36] For an individual with a $600 check, that means 10 months of unlimited access to an 80,000 square-foot fitness and recreation center, tennis and racquetball facilities, barbecues and luaus in the summer, and what sealed the deal - an indoor and outdoor pool, complete with a towering slide.[40] The auto dealership's direct-mail marketing campaign sent out $2,500 vouchers for Toyota purchases that look like a government check.[35]
I'm going to try to stay afloat because the economy is horrible," Ruffin said. Even with that realization, Debbie Durham is spending her check - but not on herself.[40] Great that we get our checks earlier but the excitement of spending it on that one BIG item is now over and we will be paying up bills and buying gas.maybe hording gas.[28]
Many may be eager to use it to feed something besides gluttonous food and fuel costs. "With something like this (rebate), there's always a rise in spending, including spending on put-off expenses," Wilson said.[19]
The IRS expects more than 25 percent of the rebates to be sent out within the next three weeks.[50] "Of course, the kids heard about the rebate and have already spent it 600 different ways. My 17-year-old wants one of those iPhones." Thirty-two percent of taxpayers said they plan to invest their windfall. Jimmy Baker is one of them.[19]
The overall schedule for receiving stimulus checks has been moved up a week. [42] "I wouldn't just splurge." With two children now in the picture, she's using the stimulus check to invest in a van. For Carol Jackson, being practical means her check is going straight to the water bill.[40]
"Obviously our economy is in a slowdown," Bush said. Earlier this week, the president denied the nation was in a recession, instead saying, "We are in a slowdown." [11] "We have begun some conversations with the administration and the Republicans on that.'' Bush has said he wants to examine the effects of the first stimulus measure before considering a second.[25]
"Unless the administration gets OPEC to increase oil supply, American consumers are going to be in for a scorching summer of $4 gasoline with no relief in sight," Schumer said. [54] In the Times-Dispatch classifieds : A 1987 Pontiac Fiero ($1,000) with money left for about four tanks of gas.[20] A summer at the cabin may not be what it used to. Gas prices are rumored to reach $4 a gallon by summer, and Minnesota boaters say they are prepari.[38] Prices are up to $3.83 in most of California, according to Gas Buddy, an organization that tracks national gas prices. It is $3.33 on the low end.[12]
SOURCES
1. VOA News - Bush Says Tax Rebates Can Help Revive US Economy
2. The Columbus Dispatch : Stimulus rebates to begin Monday
3. 'Your rebate is on the way' | TheNewsTribune.com | Tacoma, WA
4. You may have your stimulus rebate by next week! | CONSUMER WATCH | WHAS11.com | News for Louisville, Kentucky
5. First Batch of Rebate Checks Sent by Direct Deposit Monday -- 04/25/2008
6. Taxpayers reluctant to spend rebates
7. Bush hails early delivery of stimulus checks - Stocks & economy - MSNBC.com
8. MyFox Lubbock | Stimulus Checks Arrive Monday
9. Bush: Tax Rebates to Temper 'Slowdown' (Breaking News) at SmartMoney.com
10. Bush: Economy in slowdown, checks on the way | U.S. | Reuters
11. The Associated Press: Bush say tax rebates that go out next week will help economy
12. Stimulus Checks Coming Monday | April 28, 2008 | AHN
13. Bush: Rebates on the Way | Market Features | BAC BSC C GS JPM MS - TheStreet.com
14. BBC NEWS | Business | US to send out $100bn in rebates
15. Talkin' rebates + gas - DailyBulletin.com
16. Tax Rebates Coming Sooner Than Expected - WETM 18 Online
17. Expert: Don't just blow your tax rebate check | KOMO-TV - Seattle, Washington | Consumer News
18. Tax Rebate Checks On The Way
19. To spend or save? Checks anticipated | clarionledger.com | The Clarion-Ledger
20. Ways to use a $1,200 rebate - Richmond, Virginia, Business News and Financial Information - inRich.com
21. Here come stimulus checks: What you need to know - Apr. 25, 2008
22. CQ Politics | Tax Rebates Start to Flow Monday as Debate Over Second Stimulus Drags On
23. Stimulus Checks Head Out This Week - News |WJTV - News Channel 12 - Jackson, MS
24. SW Iowa News - Sunday's Our View: A short windfall coming
25. Bloomberg.com: Worldwide
26. WWSB ABC 7 Florida - Sarasota, Bradenton, Venice, North Port, Siesta Key Breaking News, Weather, Sports and Traffic on the Suncoast | Economic stimulus checks to arrive earlier than originally planned
27. www.wdio.com - Economic Stimulus Checks Coming Early
28. Stimulus Checks Hit Accounts Monday
29. News 10 Now | 24 Hour Local News | ALL NEWS | First round of stimulus checks distributed
30. 6abc.com: Rebate checks come early to some 4/25/08
31. Inland retailers dont expect people to spend most of their federal rebates | Business | PE.com | Southern California News | News for Inland Southern California
32. Midstate retailers: Spend your rebate here- PennLive.com
33. MyFox Lubbock | Stimulus Checks Sent Out Early
34. KOMU.com - A Boost For The Economy - Improve Your View
35. Rebates won't help retailers, experts say
36. Plans vary on use for rebate
37. Stimulus checks to be mailed Monday | NECN
38. MyFox Twin Cities | Federal Rebate Checks to Mail Out Monday
39. A better economic boost - Los Angeles Times
40. How will you spend your check? :: The SouthtownStar :: News
41. Closing Glance: Apparel cos. close up ahead of rebate checks - AP - National Business News - Portfolio.com
42. Schedule for stimulus checks moved up | Arizona Business, personal finance, technology news for East Valley and Phoenix | eastvalleytribune.com
43. Payments of rebates to begin | Business | Rhode Island news | projo.com | The Providence Journal | Breaking news
44. Tax rebate - Vindy.com News - Local & Regional News - Youngstown, Warren, Columbiana, Ohio
45. When will you get your stimulus payment?
46. Rebate checks arrive in some bank accounts Monday | KATU.com - Portland, Oregon | More Consumer News
47. Uncle Sam plans to issue economic recovery checks early - San Antonio Business Journal:
48. US Taxpayers US$100b Rebate Brought Forward
49. 16 Ways to Spend Your Economic Stimulus Check - Reviews by PC Magazine
50. Stimulus Checks
51. IRS: Scammers Target Stimulus Check Recipients - News Story - WSMV Nashville
52. wcco.com - Economic Stimulus Checks To Be Mailed Monday
53. Pressdemo.com News
54. Bush says rebates going out Monday will boost economy - washingtonpost.com
GENERATE A MULTI-SOURCE SUMMARY ON THIS SUBJECT:
Please WAIT 10-20 sec for the new window to open...
You might want to EDIT the default search query below:
Get more info on Here's stimulus: What you need to know by using the iResearch Reporter tool from Power Text Solutions.
 |
|  |
|
