Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

$168 Billion Stimulus Plan Clears Congress (RATS CUT your $800 rebate to maybe $300)
NY Times ^ | 2/08/08 | DAVID M. HERSZENHORN & DAVID STOUT

Posted on 02/07/2008 6:59:58 PM PST by Libloather

$168 Billion Stimulus Plan Clears Congress
NYTimes.com
Friday February 8, 12:37 am ET
By DAVID M. HERSZENHORN and DAVID STOUT

WASHINGTON — Congress overwhelmingly approved a $168 billion economic stimulus program on Thursday, sending it to President Bush for his signature so that millions of Americans can look forward to government checks in the mail.

The House gave its final approval to the package on Thursday night by a vote of 380 to 34.

The House was able to act because a stalemate in the Senate was broken a few hours earlier after Democrats agreed to add only payments for senior citizens and disabled veterans to a plan approved earlier by the House with the backing of President Bush. The Democrats’ retreat on adding other measures to the bill cleared the way for an 81-to-16 Senate vote in favor of it.

**SNIP**

But Republican senators held firm, frustrating the Democrats’ efforts to get the 60 votes they needed to end debate. But in settling for a $168 billion package, the Senate Democratic majority leader, Harry Reid of Nevada, refused to admit defeat.

“We were able to make the House bill better,” he said, pledging to continue to try to corral enough votes to provide more economic stimulus in the months ahead.

**SNIP**

As the terms of the program changed, so did the numbers. At first, the price tag was put at $171 billion over two years; a couple hours later, it was recalculated at $168 billion.

The program calls for rebates ranging from $300 to $1,200 for most taxpayers, payments of $300 to people who paid no income taxes but earned $3,000 or more from Social Security or veterans’ disability benefits, and various tax incentives for businesses.

(Excerpt) Read more at biz.yahoo.com ...


TOPICS: Extended News; Government; News/Current Events; Politics/Elections
KEYWORDS: 110th; bush; cut; electionsale; rats; rebate; stimulus; votebuying
Navigation: use the links below to view more comments.
first 1-2021-39 next last
If you could only decide how much loot you 'feel like' sending to DC...
1 posted on 02/07/2008 7:00:08 PM PST by Libloather
[ Post Reply | Private Reply | View Replies]

To: Libloather

I think $300 bucks was what was originally quoted because I figured on getting 1,200 for the 4 in my house.


2 posted on 02/07/2008 7:03:51 PM PST by TheErnFormerlyKnownAsBig (There once was a dream called, "Hippy Beat Down." The mere whisper of if caused cops to cry.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

I’m going to pay my taxes with my rebate.

It’s called recycling and it makes DC feel like they’ve done something.


3 posted on 02/07/2008 7:06:43 PM PST by Smartaleck
[ Post Reply | Private Reply | To 1 | View Replies]

To: TheErnFormerlyKnownAsBig

That’s like $3.50 per day . . .


4 posted on 02/07/2008 7:09:24 PM PST by Zuben Elgenubi
[ Post Reply | Private Reply | To 2 | View Replies]

To: TheErnFormerlyKnownAsBig

$500.00 was the figure I got earlier. Reid lost his block after Pelosi ordered him to stand down.


5 posted on 02/07/2008 7:11:03 PM PST by eyedigress
[ Post Reply | Private Reply | To 2 | View Replies]

To: Smartaleck

They control the economy by giving back stimulus packages. More than they should have in the first place. How ingenious. We the People have lost.


6 posted on 02/07/2008 7:14:21 PM PST by eyedigress
[ Post Reply | Private Reply | To 3 | View Replies]

To: Libloather

Hell, they don’t have the money to send it to you! They will BORROW it and then make you, your children, and your grandchildren pay it back!


7 posted on 02/07/2008 7:17:03 PM PST by Blood of Tyrants (G-d is not a Republican. But Satan is definitely a Democrat.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zuben Elgenubi
That’s like $3.50 per day...

$300? That's like $.83 per day.

You'll eat it, and you WILL like it!

8 posted on 02/07/2008 7:22:03 PM PST by Libloather (February is Liberal Awareness Month.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Zuben Elgenubi

that will be negative $8.50 after the tax cuts are not renewed


9 posted on 02/07/2008 7:32:13 PM PST by WOBBLY BOB (Conservatives are to McCain what Charlie Brown is to Lucy.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Libloather
Can I get my rebate in Euros?
10 posted on 02/07/2008 7:32:29 PM PST by jpf
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather
payments of $300 to people who paid no income taxes

No, the $300 is only for those who paid no tax.

The higher amounts are still there for normal people.

11 posted on 02/07/2008 7:46:26 PM PST by what's up
[ Post Reply | Private Reply | To 1 | View Replies]

To: TheErnFormerlyKnownAsBig
You should get more than $1200 if you are married with 2 kids...I think.

Maybe $1800 if the last numbers I heard are still in play.

12 posted on 02/07/2008 7:48:30 PM PST by what's up
[ Post Reply | Private Reply | To 2 | View Replies]

To: Libloather
If you could only decide how much loot you 'feel like' sending to DC...

No, kidding. Maybe I should decide to only pay a portion of my taxes this year. I've got to cut my spending. So, naturally, I had to make the tough decision and DC gets the cut. I hope it doesn't hurt the economy.

:-)

13 posted on 02/07/2008 7:50:05 PM PST by writer33 (The U.S. Constitution defines a conservative and Rush Limbaugh knows it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Libloather

I’m buying ammo with my returned funds.

LLS


14 posted on 02/07/2008 7:52:27 PM PST by LibLieSlayer ("There is no conservative alternative in the race. It's just that simple." Rush Limbaugh)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zuben Elgenubi
That’s like $3.50 per day . . .

The Government owes me more.

15 posted on 02/07/2008 8:06:36 PM PST by Doe Eyes
[ Post Reply | Private Reply | To 4 | View Replies]

To: jpf
Can I get my rebate in Euros?

What will that get you - two? Hang on to 'em like gold. (BTW, 'Euros' doesn't pass the FR smell/spell check. Beware.)

16 posted on 02/07/2008 8:31:03 PM PST by Libloather (February is Liberal Awareness Month.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: LibLieSlayer

God bless you. Buy ATK stock with it. Ammo will be a giant business as we approach election day.


17 posted on 02/07/2008 8:41:46 PM PST by samadams2000 (Someone important make......The Call!)
[ Post Reply | Private Reply | To 14 | View Replies]

To: Libloather
“What will that get you - two? Hang on to ‘em like gold. (BTW, ‘Euros’ doesn’t pass the FR smell/spell check. Beware.)”

It was a reference to that model, what’s her name, wanting her money in...oh never mind.

I’m a McCain supporter libloather, so I never pass the FR smell check these days. All I know is that after the things I posted during Clinton I, if Clinton II gets in I’ll be in a reeducation camp by this time next year (If I’m lucky). Perhaps they’ll teach me how to spell the plural of Euro, so it won’t be a complete waste.

18 posted on 02/07/2008 8:42:45 PM PST by jpf
[ Post Reply | Private Reply | To 16 | View Replies]

To: jpf
I’m a McCain supporter Libloather, so I never pass the FR smell check these days.

Nope. But we have our own reeducation camps. Sign up and get your mind right. It's the only way to go.

19 posted on 02/07/2008 8:59:33 PM PST by Libloather (February is Liberal Awareness Month.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: jpf
It was a reference to that model, what’s her name, wanting her money in...

This is Gisele Caroline Nonnenmacher Bündchen. Why does she remind me of most babes back in my roller derby watching days?


20 posted on 02/07/2008 9:20:46 PM PST by Libloather (February is Liberal Awareness Month.)
[ Post Reply | Private Reply | To 18 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-39 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson