By now I am sure that most of you have heard that Congress has just passed a bill that will be sending most Americans an extra refund check this spring. This is President Bush's way of helping stop the recession. Basically they are giving us money that we are supposed to go spend and help the economy. I am all for the idea except I do not know if it is going to save the economy. The plan breaks down basically if you make more than $3000 and you are single then you get $600. If you are married you receive $1200. There are also limits if you make too much money. All you have to do to receive this money is file your 2007 taxes its that simple. I think in ways it will help the economy because people are age will most likely spend the money. Older people will be more likely to save the money or pay down some of their credit card debt. The time of the year that the checks come also means that some people may use the money to go on vacation which would be good for the economy. I know I will use the money to help with moving costs since I am moving halfway across the country in June. Whether it ends up helping the economy or not enjoy your extra money.
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