A Second Stimulus Check Coming?

Many people have been wondering if a second stimulus check would be coming along with Obama's proposed second stimulus package.

The short answer is: nobody knows yet.

I've scoured the news and web for the answer. I've seen rumors, talks, etc., but no real solid info on whether or not a second stimulus check would be part of the proposed second stimulus package.

Latest Highlights of the Second Stimulus Package


- May Be passed in February '09
- Could Be as High as One Trillion Dollars
- Primarily a Public Works Construction Program
- Enact a Windfall Profits Tax to Provide a $1,000 Rebate to Americans
- $50 billion to Jumpstart the Economy & Prevent 1M Lost Jobs
- Provide a Tax Cut for Working Families
- Eliminate Income Taxes for Seniors Making Less than $50k
- Simplify Tax Filings for Middle Class Americans
- Create 5 Million New Green Jobs
- Provide Tax Relief for Small Businesses and Start Up's
- Create a Universal Mortgage Credit

And so on... the details of the plan are found on Obama's Website.

*** January 18th Update ***

"House Offers $825 Billion Stimulus"
- House Democrats yesterday presented an $825 billion stimulus package
- About $550 billion would be used to build new schools and highways, invest in energy and health-care projects and provide unemployment and health benefits for out-of-work Americans
- The rest would provide tax relief for businesses and individuals. If approved, most workers would get about a $500 tax cut in their paychecks


The other info that I found was mostly on other blog's such as those found here:

- Cash Money Life
- Prime Time Money
- Blueprint for Financial Prosperity
- Bible Money Matters
- Frugal Dad

Please comment if you've read anything differently (cite sources)!
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1 comments:

Anonymous said...

do we get a stmilus check for 210

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