Bush Pushes Congress on Stimulus Deal
Under the agreement announced by the White House, Boehner and Pelosi, individual taxpayers would get up to $600 in rebates, working couples $1,200 and those with children an additional $300 per child. In a key concession to Democrats, 35 million families who make at least $3,000 but don’t pay taxes would get $300 rebates.
As I understand it, a ‘rebate’ is a return of a portion paid. So, will these 35 million families who don’t pay taxes, but get a $300 ‘rebate’, have to pay it back come April 15 2009?
If so, this is just a ‘borrow from Paul to pay Peter’ scheme that will really screw over a lot of people.
If not, isn’t this the exact same kind of ‘hand out’ that the Republicans are always accusing the Democrats would do if they were in charge?
It’s all a shell game, and we are all the suckers. Even those that think they won this round are going to lose in the end.
-Chris
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