[Graybeard58]

Give everyone a million dollars and be done with it.

[RetiredArmy]

Tax payers with kids??? We have three. Ages 34, 32 and 28. Do we still get the rebates???

[dawn53]

Democrats said it would be difficult for senators to oppose sending rebate checks to seniors

I thought we already did that on a regular basis...it's called SS and Medicare. end/sarcasm

[erikm88]

I'm sure this "stimulus package" includes lowering marginal tax rates, eliminating capital gains, and the death tax... right??? /s

I won't hold my breath...

[tx_eggman]

Democrats said it would be difficult for senators to oppose sending rebate checks to seniors, who also have been lobbying intensively to be included in the stimulus bill.

A democracy . . . can only exist until a majority of voters discover that they can vote themselves largesse from the public treasury.” -- Alexander Fraser Tytler

[CDHart]

God, how I hate supporting this bunch in Washington, DC - also at state and local levels. I wish they would all just STFU and go home and leave people alone.

Carolyn

[Red Badger]

Did they ever resolve on whether or not to give Puerto Rico a “income tax rebate” even tho they don’t pay income taxes?........

[lonestar]

A letter to the editor in my paper yesterday said this:

The gov. should reduce the witholding tax for 6 months to a year and cut the federal gasoline tax for 6 months.

Seems like a better idea than anything coming out of Washington. The Dems would never go for it because only benefit would go to people who actually pay income taxes.

[NTHockey]

“The Senate measure would deliver flat rebates of $500 for individuals and $1,000 for couples to anyone earning at least $3,000, with income limits of $150,000 for individuals and $300,000 for couples. The rebate would phase out for those making more, disappearing altogether for individuals with income of $160,000 for individuals and $320,000 for couples. The caps would be higher for those with children.”

I thought Reid & Pelosi don’t want the “rich” to get rebates. Sorry, but $300K a year don’t sound like poor to me. IMy guess is that it is that high so that Congress critters get a check for themselves.

Actually, I’m against the whole idea of rebates. I “might” get one, but it would be beer money(wife and I together don’t make $75K). Besides, by the time they get around to actually sending out checks, it won’t make a dime’s worth of difference.

[jiggyboy]

If none of their proposals attracts enough backing to win approval, the Senate will pass the House measure, Reid said.

There's the money quote. I was hoping they'd lard it up so much that GWB would veto it. But it looks like the "improved" version (which adds $30-$50B, not porky enough to bother GWB I bet) is Plan A, and if they can't get together on that then they just pass the House version as is and be done with it. The checks will go out.

So even after today's incredible stock market move (I think at least partially based on this very Senate revelation), I wouldn't bet against stocks going down below this morning's low for quite some time.

[ex-snook]

I sure as hell want to know who would deny economic assistance to senior citizens.

[RobRoy]

I think this needs to go into committee for at least two years to make sure it is well thought out!

/s

[MEGoody]

Bush has already said he will veto anything that comes to him that is different from what was originally agreed upon. Not that I’m in favor of this ‘stimulus package’, but clearly the libs are just using it as a political weapon instead of actually wanting to do anything to help the economy.

[Gritty]

When the "free" money train is careening down the tracks in an election year and the politicians are giving away money to every "worthwhile" cause in sight, it's hard to resist the juggernaut.

I weep for our Republic, or what little is left of it...

[VRWCmember]

"Democrats have spoken on how this package can be improved," said Majority Leader Harry Reid, D-Nev.

And as usual they got it wrong.

[FoxInSocks]

heating aid for the poor

What the hell does that have to do with the economy?

[VRWCmember]

Under Reid's plan for Senate action on the stimulus package, the Senate could vote as early as Monday on a bill that would tack $32 billion onto the House measure with rebates of $500-$1,000 to all but the richest taxpayers, with more for families with children.

My guess is that anybody that actually pays tax will have to count these rebates next year against their 2008 taxes, thereby increasing their tax liability (or reducing any refund they would be due) on April 15, 2009. (Of course the people that don't pay taxes will get to keep their "rebate".)

[dennisw]

Free money for everyone including illegal aliens with ITINs. Dems doing what they do best... buying votes with my tax money. Harry Reid would never treat his personal finances the way he treats Federal tax money he took from me. Arnold Schwartzenegger also spends like a drunken sailor and no way does he manage his own money (he’s worth north of $200 million) that way. If he did he would be worth only $10 million

[stylin19a]

If none of their proposals attracts enough backing to win approval, the Senate will pass the House measure, Reid said.

hold firm, boys & girls !

[Diana in Wisconsin]

This annoys me to NO END! Isn't the nearly 9 TRILLION dollars You, Me, our friends and relatives, even freakin' Democrats that actually HAVE jobs, all paid in last YEAR enough? How is there not ENOUGH to go around? (Yes, that's rhetorical.) Bread and Circuses! Grrrrr!