StimulusBill.org

News and Discussions of Stimulus Bill and Package

Archive for March, 2009

Jim Rogers: Let AIG Go Bankrupt, Not America(2)

By: CNBC.com | 03 Mar 2009
American International Group should be allowed to go bankrupt because keeping it and other sick financials alive on government support risks ruining the US economy, legendary investor Jim Rogers told CNBC Tuesday.
AIG [AIG 0.3992 -0.0308 (-7.16%) ], whose $61.66 billion fourth-quarter loss [...]

Americans Should Buy U.S. Cars(0)

The auto industry has a long history of providing sound jobs and contributing to economic prosperity in the U.S. Now it’s time for consumers to give back by choosing domestic cars instead of foreign ones. Pro or con?
Pro: Help Your Country
by Mark Karlin, BuzzFlash.com
A short time ago, my wife and I bought an American [...]

Tax credits will impact workers and businesses(0)

By Tim Engstrom | Albert Lea Tribune
Money for workers in the $787 billion federal economic stimulus package isn’t set up the same way it was in last year’s $700 billion measure.
Many people used their stimulus checks last year for big-ticket items or for battling debts, rather than everyday spending.
This time, the dollars are coming in [...]

Q & A: How the stimulus package may help new home buyers(1)

How the stimulus package may help new home buyers
The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after Jan. 1 and before Dec. 1 this year. The following questions and answers provide basic information about the tax [...]

A primer on the stimulus package(1)

By David Robinson
NEWS BUSINESS REPORTER
Looking to install a new energyefficient furnace? Uncle Sam could help pay for it, thanks to the federal government’s new economic stimulus program.
Buying a new car? You’ll be able to claim a federal income tax deduction on the sales taxes you pay on all but the most expensive vehicles.
In the market [...]

Stimulus plan has benefits for home and car buyers(0)

As we continue to watch our wallets even more, an added incentive for some of life’s biggest purchases is a welcomed bonus.
If you are in the market to purchase a new vehicle or your first home, you’ll be happy to see what lies inside the newly signed economic stimulus package.
For all first-time home buyers inside [...]