In rare agreement, Congress OKs rebate checks
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Package will give most US households $300 to $1,200 apiece, plus an extra $300 per child.
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House leaders and the White House reached a tentative deal on a package that would pay stipends of $300 to $1,200 per family and provide tax incentives for businesses.
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For a bipartisan majority of senators, providing three months or six months of extra unemployment checks to more than 1 million jobless people is a better way to dig the economy out of a recession than just printing tax rebate checks.
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Bill would speed rebates to most taxpayers, including disabled veterans and the elderly.
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Most taxpayers could expect a rebate of up to $600 starting in mid-May under the economic aid plan set to go through Congress within weeks.
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Got a shoebox full of receipts from purchases you made this year? Hold onto them and make sure to have them handy come tax time. Congress this week temporarily reinstated a law that gives Texans - as well
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President Bush signed legislation to send $300 to $1,200 rebate checks to millions of Americans as a 'âbooster shotâ' for the economy.
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When Brad Clarke purchased his 1999 Jeep Grand Cherokee on eBay three years ago, he never expected a $3,000 rebate. But even more surprising to Clarke was who provided extra cash - New York state Attorney General Eliot Spitzer.
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President George W. Bush and congressional leaders agreed on Thursday on a $150 billion package of tax rebates and business incentives meant to ward off a recession in the world's largest economy.
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If tax rebates aren't the answer, what is?
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A federal law known as Check 21 takes effect Thursday, and whether that&#39;s cause for celebration or commiseration is a matter of much debate.
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Economic stimulus proposals favored by Democrats, including tax rebates, extended unemployment benefits and a temporary increase in food stamps, are cost-effective ways for Congress to try to boost the economy, the Congressional Budget Office said Tuesday.
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The U.S. House of Representatives overwhelmingly approved a $1.8 billion small business tax cut package on Friday aimed at winning passage of a $2.10 increase in the hourly minimum wage.
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The new rebate scheme isn't simple. Here's how to make the most of it.
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The fate of rebate checks for more than 100 million Americans is in limbo after Senate Republicans blocked a bid to add $44 billion to the House-passed economic aid package
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The White House and the Democratic-led Congress have reached a tentative deal on a $150 billion economic stimulus plan that includes tax rebates for workers and business investment incentives, congressional sources said on Thursday.
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The US House of Representatives approves a major financial package designed to stimulate the US economy.