02 Mar 2009 @ 3:47 PM 

The economic stimulus plan-what is means to you

The recent passing of the economic stimulus plan provides the following benefits:

  • Tax breaks for families that send a child to college
  • People that purchase a home
  • People that buy a new car
  • Making a home more energy efficient
  • Workers can expect to receive an extra $13 a week in their check starting in June. In 2010 the savings will be around $7.70 a week for the whole 2010 year.
  • Those receiving unemployment benefits this year will not pay taxes on the first $2400 received.
  • Those receiving unemployment will also get an additional $25 in their checks.
  • People who receive food stamps will receive more
  • People that receive SSI such as the blind,disabled,and the elderly will receive a one time payment of $250.
  • That is the breakdown for what the economic stimulus package does for an average American. This economic stimulus package will surely not be an end all solution for the current economic crisis in this country, but atleast it is a start.

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    Categories: Economics
    Posted By: admin36
    Last Edit: 02 Mar 2009 @ 03 47 PM

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