Bush Stimulus Check Starts Monday
So I talked some junk in my previous post, “What your tax rebate will really buy” . It seems that despite my pessimism, the government is going to throw us a bone earlier than expected. So instead of paying $4.00 / gallon for regular gas you might be paying $3.75, but something is better than nothing. Heres an article from AP on yahoo announcing the goodish news.
AP
Bush says rebates going out Monday will boost economy
Friday April 25, 11:46 pm ET
By Tom Raum, Associated Press Writer
Bush says tax rebates going out Monday will help people afford rising gas, food prices
WASHINGTON (AP) — 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.
“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.
The Internal Revenue Service had been saying direct deposits wouldn’t start until next Friday. Bush said paper checks would begin going out on May 9, a week earlier than previously announced.
Finance.Yahoo.Com – Click Here for Complete Story
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