The following Article I picked up on ABC news on-line. '
Rebate checks could begin arriving in May. They would be based on 2007 tax returns, which are due April 15.
The Senate's 81-16 vote capped more than a week of political maneuvering. The logjam broke when majority Democrats dropped their demand that rescue proposal offer jobless benefits, heating aid for the poor and tax breaks for the home building and energy industries.
GOP senators blocked those ideas, but agreed to add $300 rebates for older people and disabled veterans to a $161 billion measure the House passed last week.
Bush called the bill "robust, broad-based, timely, and it will be effective." The compromise, he said in a statement after the Senate acted, was "an example of bipartisan cooperation at a time when the American people most expect it." The White House said Bush would sign the bill sometime next week.'
Once again Republicans have done what they always do when they are in the White House for 8 years, they destroy the ECONOMY by the 8th year. RIGHT ON SCHEDULE. Republicans are so predictable. 8 Years with Nixon and Ford policies - RECESSION catches up at end of 8th year. 8 years of Regan - RECESSION catches up at end of 8th year. With 4 more years of RECESSION with Bush Senior. 8 years of GW Bush - RECESSION now catches up by the end of 7th year. Have to admit, REPUBLICAN are experts at creating RECESSIONS. Good job! And now it's bail out time.
Thursday, February 7, 2008
Rebate Checks in May?
Posted by Angie Meredith at 10:47 PM
Labels: Economic news, Politics