2010 Stimulus Check & 2009 Stimulus Check

...Information about the 2010 Stimulus Check

May 17th, 2009

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AARP cautions against spending entire $250 2009 Stimulus Check

Sunday, May 17th, 2009

This money many senior citizens are receiving their $250 2009 stimulus check in the mail or directly deposited into their checking account.

Joan Carter of the AARP in Alabama has said that older senior citizens are more likely to spend their new wealth in the form of a stimulus check then they are to save it.

Most of the senior citizens receiving their 2009 stimulus check are more likely to go out and spend it right away on groceries or medical expenses then they are to save it and increase their savings.

The Social Security department knows who should be receiving checks and have sent out notices on who should be getting 2009 stimulus checks.

If you think you should be getting a 2009 stimulus check and didn’t get a notice, a representative from social security said this “If you don’t receive a payment by June 4, then call us”.

Great Smoky Mountains National Park

Sunday, May 17th, 2009

The Great Smoky Mountains National Park will receive $64 million in stimulus money from this year’s 2009 Stimulus Package.   The national park will use this money for upgrading roadwork, restrooms and trail maintenance.  These upgrades will be split between Tennessee and North Carolina.

A majority of this $64 million stimulus money will go towards building a bridging extension off the Foothills Parkway in Tennessee.

These updates are going to create up to 1,500 jobs to perform these updates.  Which will help out the ailing economy.

The Great Smokies National Park is one of the most popular parks in the nation attracting up to 9 million people a year.  The annual budget that the park has is just under $20 million and has a backlog of upgrades that total over $200 million.  These stimulus funds that they received for the $64 million upgrade will go a great way towards updating the park and it’s infrastructure.

$1.2 million of the stimulus funds from the stimulus package is to improve 22 miles of horse trails in Tennessee and 10.4 miles into North Carolina.

2009 stimulus package causing higher roofing costs

Sunday, May 17th, 2009

The 2009 stimulus package that was passed by President Obama earlier this year provided a large budget to replace many of the roads in the United States.  This has lots of positive effects such as the obvious of replacing the roads and also being able to employ people to do these road updates.

The downside to these road updates is that they use a lot of asphalt and asphalt is a primary ingredient in making roofing shingles.  Rising petroleum costs contributed to some of the cost increase and asphalt is a derived from the crude oil by product of petroleum.

The price of asphalt has risen 57% from March 2008 to March 2009 and went up 3.8% from Feb to March this year alone.

Those people who are planning on replacing their roofs this summer may be paying quite a bit more then they were planning on had they done it last year as a result of this years 2009 Stimulus Package.