Showing posts with label EconoNews. Show all posts
Showing posts with label EconoNews. Show all posts

Thursday, January 24, 2008

Have you heard?

Story: http://www.msnbc.msn.com/id/22782454?GT1=10755

Congressional leaders announced a deal with the White House Thursday on an economic stimulus package that would give most tax filers refunds of $600 to $1,200, and more if they have children. This is being done to promote spending and "boost the economy" as we are on the verge (or already in) a recession. Payments could be going out in May with most people receiving them by July. The other part are tax breaks to businesses.

So what are your thoughts? Do you agree? Did they hash this out too quickly? Is this going to help our economy? What about adding spending later on?