From the Associated Press: Republicans Agree on Economic Stimulus.
Let's do some math: 35,000,000 ("families" who don't make enough to actually pay income taxes) X 300 (amount of "rebate" in U.S. dollars per said family) = 10,500,000,000 (that's 10.5 billion dollars). In my estimation, we are going to print money which we do not have to pay poor poor pitiful poor people a welfare check. Go ahead, devalue the dollar even more!
What a friggin' joke. All to stave off the recession we can't even be sure we are in yet.
Want to see some real economic stimulus? Get behind the fair tax, H.R. 25, and abolish the IRS. No penalty for saving. No penalty for investment income. No more capital gains taxes. No more tax compliance costs for businesses. Prices will adjust near to their current levels. Everyone (including illegal aliens) will pay federal tax. Government revenues will remain virtually unchanged. And just to make the leftists happy, a rebate every month to every household. For more info, click the "Americans for Fair Taxation" link in the sidebar.