Economic Stimulus 2008; Beware of Promised Fast Refunds

The Recovery Rebate Credit is a one-time benefit for people who didn’t receive their full Economic Stimulus Payment in 2008 and whose circumstances may have changed for 2009, making them eligible now for some or all of the unpaid 2008 portion.

Your Recovery Rebate Credit will be included as part of your refund, […]

Job Loss Helps Economy, Great – Now We Have A Displaced Voter Crisis

THE EMPLOYMENT SITUATION: JULY 2008 – Bureau of Labor Statistics

The unemployment rate rose to 5.7 percent, and nonfarm payroll employment continued to trend down in July (-51,000), the Bureau of Labor Statistics of the U.S. Department of Labor reported today. Employment continued to fall in construction, manufacturing, and several service-providing industries, […]

UPDATE: Economic Stimulus Check Glitch

The IRS has announced a “glitch in the economic stimulus payment schedule for taxpayers using H&R Block and other services. As discussed in the comments of a previous post, BossKitty and I have discussed this for a few weeks, now the IRS has made an official announcment.


Taxpayers and tax preparers, like […]

Your $300 – $1,200 Economic Stimulus Payment Cost $767 Million


GAO-08-620T Testimony:

IRS estimated that the costs of implementing the economic stimulus legislation may be up to a total of $767 million—including a $202 million supplemental appropriation. In addition to the supplemental appropriation, IRS is reallocating hundreds of collections staff to answering taxpayer telephone calls, resulting in up to $565 […]

Economic Stimulus Payment Arrival Date

This post is about the 2007 Tax Return. Find 2008 information on: Economic Stimulus 2008; Beware of: Promised Fast Refunds

Stimulus Payment Schedule for Tax Returns Processed by April 15

Economic stimulus payments will be issued according to the last two-digits of the main filer’s Social Security number. People who use direct […]

Stand Down Ya’ll, Bush insists US not in recession

US President George W Bush has insisted the US is not in recession but says that he remains concerned about the economy’s performance.

In his State of the Union address, President George W Bush made reviving the US economy the centrepiece of his last year in office. But can he do […]

Stimulus Check Update…File Your 2007 Tax Return

This post is about the 2007 Tax Return. Find 2008 information on: Economic Stimulus 2008; Beware of: Promised Fast Refunds

Today Bush signed the economic stimulus package but there’s a catch; you better get your 2007 tax return filed or you don’t get your check.

WASHINGTON (Reuters) – Americans eligible for tax […]

Economic Stimulus Package Stomped By Evil Elephants

Senate’s Stimulus Measure Blocked Backers Are Short By 1 Vote Against GOP Filibuster –

The defeat by the narrowest of margins nearly ensures passage of a less expensive stimulus plan fashioned by President Bush and House leaders, though the Senate may make some changes. But it keeps the government on track to begin […]

Paulson Cheers Bush Budget – Reid Cites George Orwell

OpEd: Home Sick and watching C-Span … more people should watch this circus.

The great shift in the economy has bound the hands of the middle class the USA used to be so proud of.

Secretary of Treasury Paulson states that extending unemployment benefits would discourage seeking employment. He also supports cutting benefits […]

Republican Sen. McConnell Holds Economic Stimulus Hostage As Senate Brawls Over FISA

Reid Tries to Pressure G.O.P. for $159 Billion Stimulus Bill

WASHINGTON — Senate Democrats tried to pressure Republicans on Monday to vote for a $159 billion economic stimulus plan, including $1 billion in additional subsidies for home energy, instead of a cheaper, more streamlined package approved by the House […]