Written by admin on November 16th, 2009
Currently at this time there is no 2010 Stimulus Check.
President Obama has recently gone to Congress to get them to approve a bill that will allow those on Social Security and Veterans to receive a $250 check similar to that of the 2009 Stimulus Check. At this time there is no official word on when or if these stimulus checks will go out. However it is likely that these checks will go out late spring / early summer in 2010 if and when they do happen.
For the rest of America that are currently employed. There more then likely won’t be a 2010 Stimulus Check because of the tax credit that has been set aside for everyone. Remember how you are paying ~$20/week less in taxes over the year as a Stimulus Check? That same amount will be deducted from January 1 to the end of the year, so it is possible that it will be more like $12-$15/week instead.
Stay tuned to this site for all your 2010 Stimulus Check updates.
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Tags: 2010 stimulus check
Written by admin on July 4th, 2010
The 2010 stimulus check has been rumored for many many months now, going back to fall of 2009 if there was going to be one or not. There was hope of a 2010 stimulus check after the major successes of the 2008 stimulus check sent out by President Bush and the 2009 stimulus check sent out by President Obama.
However, at this time, there is no 2010 stimulus check planned for 2010. Had there been a stimulus check this year, it would have already been in the process of going out starting sometime around may or june of this year.
Keep checking back to see if there are any updates on the 2010 stimulus check.
Posted in 2009 Stimulus Check, 2010 stimulus check, Obama, Stimulus Check, Stimulus Package | 4 Responses »
Tags: 2010 stimulus check, stimulus check questions
Written by admin on May 30th, 2009
In the recent stimulus package passed by President Obama earlier this year, otherwise known as the American Recovery and Reinvestment Act of 2009, Obama provided many forms of stimulus and stimulus checks to provide the economy. The only mentions of a 2009 stimulus check for the American public were in two places in the recently passed Stimulus bill.
The first is a 2009 stimulus check for those on social security incomes, military pensions and railroad pensions. This is a $250 2009 stimulus check that is a one time payment similar to the 2008 stimulus check that President Bush issued last year. To qualify for the 2009 stimulus check you had to have already been on social security by the end of 2008 to receive your 2009 stimulus check in May 2009. If you started your social security income January 1, 2009 or later you do not qualify for this years stimulus check. However if there is a 2010 stimulus check similar to how the 2009 stimulus check worked you would qualify next year for that stimulus check.
The second part of the 2009 stimulus check is a tax rebate that amounts to $400 if you are single or $800 if you are married over the course of 2009. Starting in April 2009 the government is lowering the taxes withheld from your paychecks to the amount of about about $20/week so that over the course of the year it would amount to $400 (or $800). This is the only 2009 stimulus check that is available to those that are working. The 2009 stimulus check is essentially a $400 check paid over the course of the year.
This 2009 stimulus check that is being paid out weekly via a tax rebate will be in effect for 2010 as well. The amount of the money making up the 2010 stimulus check on a weekly basis is less then this years $20/week because it is spread out over the course of the entire year instead of 8 months.
There is not a singular 2009 stimulus check for those on employment, it is split up into several incentives. President Obama provided the following ways to help those on unemployment through the 2009 stimulus package.
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Tags: 2009 Stimulus Check, Stimulus Package, Unemployment
Written by admin on May 30th, 2009
Stimulus Check is a term that first used during the 2008 year when President Bush sent out $600 Stimulus Checks to every man and women in American in hopes of stimulating the ailing economy. The 2008 stimulus check was sent out over the course of several months based on the recipients last 2 digits of their SSN. The stimulus check became popular because it was free money that the government was handing out to everyone. At this point the economy was showing signs of slowing down as the lay offs were continuing to mount. People were looking forward to their stimulus check that was supposed to be used to spend in retail stores to stimulate the economy, but many people used this stimulus check money to pay their bills.
In early 2009 people were wondering when there 2009 stimulus check was going to come and if they were going to get one and when. The stimulus check was once again being eyed as free money that was to be handed out to everyone to help cover their bills and expenses, not so much as the original purpose of the stimulus check in 2008 when President Bush designed the original stimulus check to stimulate the economy.
During late 2008 into 2009 what started with President Bush and later President Obama began to bail out many of the large corporations right and left. It was several billion here for this company then another similar amount for another. In Feb 2009 President Obama signed the $800 billion American Recovery and Reinvestment Act of 2009 into effect that provided stimulus funds for companies for bailouts and stimulus checks for retried and other tax benefits for those working. The large out cry from the American people about where is my stimulus check. Had the government taken that bailout money and given a single stimulus check to everyone, it could have amounted to several grand each. Instead President Obama sent out the 2009 stimulus check and other stimulus initiatives outlined by the 2009 stimulus act.
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Tags: Stimulus Check
Written by admin on August 2nd, 2010
There is a new report coming out of Washington showing the economy in the United States is slowing down compared to where it was a year ago. The economy is even slowing down from the first quarter of this year. This recent slowdown in the economy shows how the fragile the economic turnaround is and how it is unlikely to be providing many new jobs in the coming months.
The growth percentage in the 2nd quarter in 2010 was 2.4% and 3.7% growth in the first quarter. Both numbers were down from the 4th quarter in 2009 of 3.7%. This data suggests a deeper recession then any other data previously suggested.
Many analysts have attributed the downturn to the housing tax credit expiring, as well as the lack of stimulus checks and other stimulus style benefits that were helping the economy rebound. There are economics that are suggesting another round of stimulus checks would be key to helping in the recovery of the recent downturn.
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Written by admin on July 4th, 2010
Have you ever stepped back and thought about one of the original reasons the 2009 stimulus act was created and how it measures up to what actually happened? The stimulus act was originally set up to provide new jobs to help with the ever raising joblessness rate. If you look at how the money was split up, it didn’t do very well to create new jobs.
By tracking the money it was split up into roughly three thirds.
The first third was used as tax breaks to those that already had jobs. Yes, it was nice for those of us that had jobs, but the little amount that we did save was meant to be spent to stimulate the economy. Which is hard to track how well that worked out.
The second third was used to add funds to health care and education budgets to help teachers and other people make it through the falling incomes collected by taxes to pay salaries. Teachers and other people in this field keeping their jobs is a good thing, since teachers are teaching the youth of America. That is a field we can’t do without.
The final third was meant to create new jobs. The money was sent out to grants and other channels with the intention of hiring those that didn’t have jobs. The road improvements by far did the best for creating jobs and also doing something that has been needing to be done for a while now. As for the rest of it? There have been numerous reports of spending the money on needed upgrades in equipment and keeping people on payroll instead of laying them off. With very little going towards hiring new people.
How did it fair, not very well if you ask me.
To figure out how this relates to the 2009 and 2010 stimulus checks that money would have been part of the tax breaks. It has been helping people keep afloat in this tough economic times and not really spent on random things to keep the economy going.
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Tags: 2010 stimulus check, Stimulus Package
Written by admin on June 12th, 2010
The Government Stimulus Check that was issued in 2008 and 2009 was a stimulus check that provided many Americans with checks ranging from $250 to $600 dollars. These checks were aimed at stimulating the economy.
The Government Stimulus Check that was sent out in 2008 was to every American 18 and over. These checks were $250-$600 per person. In 2009 it was a $250 check sent out to every on social security.
At this time there is currently no plans for a government stimulus check in 2010.
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Tags: Government Stimulus Check
Written by admin on June 3rd, 2010
The stimulus plan that President Obama signed into law last year with the large stimulus package was a stimulus plan that was designed to stimulate the economy to keep businesses moving. There was large amounts of money set aside as tax breaks for those employed, and additional funds for those retired or not working.
There were also plans to allocate funds for roads and other projects. By supplying funds for roads it helps employee people to repave the roads, roads which were long over due for maintenance.
Even all of the bailouts of large companies such as AIG and others could be seen as part of the stimulus plan. Keeping large companies from folding kept thousands of Americans employed.
For many of those, the stimulus plan was a success in many ways. For others, they are still wondering why there weren’t getting more stimulus checks in the mail.
Posted in 2009 Stimulus Check, 2010 stimulus check, Second Stimulus Check, Stimulus, Stimulus Check | 3 Responses »
Tags: stimulus plan
Written by admin on May 13th, 2010
The stimulus checks were sent out over a set schedule the last couple years. The date the stimulus check was sent out varied for the year it was sent out.
2010 Stimulus Check
There is currently no stimulus check in 2010. Therefore there is no set date that the stimulus check is set to go out on.
2009 Stimulus Check
The 2009 stimulus check was sent out between late April and late June to those on social security and retired military. These checks were worth $250 dollars.
2008 Stimulus Check
The 2008 stimulus check was sent out to everyone in American 18 and over. These checks were worth $600 if you paid at least $600 in federal taxes. Less if you made over a max limit cap.
Posted in 2009 Stimulus Check, 2010 stimulus check, Second Stimulus Check, Stimulus Check, Stimulus Package | 3 Responses »
Tags: 2008 stimulus check, 2009 Stimulus Check, 2010 stimulus check, Stimulus Check, stimulus check date
Written by admin on May 8th, 2010
If you are wondering the same thing as many American’s are, you are thinking. “Where is My Stimulus Check?” If you are thinking that, you aren’t alone. After the 2009 stimulus check that sent $250 checks to millions of retired Americans or the 2008 stimulus check that sent checks to every man woman and child in America. It can be easy to think or wonder, where is the stimulus check in 2010?
The short answer, is that there is currently no 2010 stimulus check. There have been talks, but no checks. no stimulus money will be sent out this year.
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Posted in 2009 Stimulus Check, 2010 stimulus check, Second Stimulus Check, Stimulus, Stimulus Package | 9 Responses »
Tags: my stimulus check, Stimulus Check
Written by admin on May 3rd, 2010
If you have been wondering if there has been or was an application for the 2009 stimulus check, the simple answer is no. There is no application you need to fill out or needed to fill out to receive your stimulus check. For 2009 or any future year of stimulus checks.
The way stimulus checks work is that they are free money issued by the government to be spent stimulating the economy. Hence the name. Stimulus check. Because it is free money, you won’t need to ever file stimulus checks on your tax returns or pay taxes on the money received.
In recap, there is no such thing as a stimulus check payment application.
Posted in 2009 Stimulus Check, 2010 stimulus check, Stimulus, Stimulus Check | 10 Responses »
Tags: Stimulus Check, stimulus check payment application
Written by admin on May 3rd, 2010
Is there going to be another stimulus check? Is there going to be a 2010 Stimulus Check? Where is my stimulus check?
Currently at this time there is no plans for another stimulus check in 2010. President Obama and others have been trying to pass a bill through congress that would free up additional money to cover the Billions it would cost the Government to have a second stimulus check in 2010.
That is, excluding the tax cut that those working are still receiving along with the housing tax credit of $8,500.
Posted in 2009 Stimulus Check, 2010 stimulus check, Obama, Second Stimulus Check, Stimulus Check | 4 Responses »
Tags: 2010 stimulus check, another stimulus check, my stimulus check