Wednesday, January 30, 2008

Bush's Rebate Plan

Washington - Amid skyrocketing energy prices and a nationwide housing slump, President Bush is calling for an emergency plan to stimulate the economy.

The president said his economic plan is big enough to make a difference. It includes $145 billion in tax relief and other incentives, all aimed at getting people to keep spending and businesses to keep hiring.

Under Bush's proposed plan, taxpayers would get rebate checks, money directly from the government. Individuals could receive up to $800 and married couples could see up to $1,600.

"Americans could use this money as they see fit, help meet their monthly bills, cover higher costs at the gas pump or pay for other basic necessities," said Bush. - WTHR

Is this a good idea?

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