Tax Rebate Checks
By: Import User
Updated: January 25, 2008
Congressional leaders reached an agreement with the White House to stimulate the economy. They say the package would give most tax filers refunds of six to twelve hundred dollars. More money would be refunded to families with children. The package also raises limits on federal housing loans to address the mortgage crisis. It also gives tax cuts to business owners. It does not however, include an unemployment extension. House Speaker Nancy Pelosi, Republican leader John Boehner and Treasury Secretary Henry Paulson all had positive things to say about the deal. Congress says their goal is to send the package to the White House by February fifteenth for President Bushs signature. The checks expected to go out in June.
