For all of us that are able to use our own brains and have been worried about the looming recession and the sad state of the US economy, fear no more as Uncle Sam will be sending you a check in the next few months.
In a bi-partisan agreement that wouldn’t have gotten done as quick if it weren’t an election year, individuals will receive $600 while couples that filed jointly will receive $1,200, with an additional amount per child believed to be in the neighborhood of $300.
The Democrats won when it was agreed upon that people who did not pay federal income taxes, but who had earned income of more than $3,000, would get checks of $300 per individual or $600 per couple.
The republicans won when Democrats dropped their calls for an increase in food stamps and an extension of unemployment compensation.
This is all fine and good, and needed… but the fact remains that if the Bush(whacked) Administration and Congress had opened their eyes to the economy swirling the drain earlier, things could have been done in a much more expedient fashion.
Regardless of that, I’ll be on the look-out for that check…
Thursday, January 24, 2008
Watch the mail
Posted by Kemp at Thursday, January 24, 2008
Labels: bi-partisanship, Democrats, recession, republicans, stimulus package, US Economy
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment