2010 Stimulus Check & 2009 Stimulus Check

...Information about the 2010 Stimulus Check

2009 Stimulus Check

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2010 Stimulus Check Update

Sunday, 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.

How has the 2009 stimulus act done for creating new jobs?

Sunday, 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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Government Stimulus Check

Saturday, 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.

Stimulus Plan

Thursday, 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.

Stimulus Check Date

Thursday, 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.

Where is My Stimulus Check?

Saturday, 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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Stimulus Check Payment Application 2009

Monday, 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.

Another Stimulus Check / My Stimulus Check

Monday, 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.

Industries booming from the 2009 stimulus package

Sunday, May 2nd, 2010

There are 3 industries that are set to grow thanks to the 2009 stimulus package.  These industries received or are set to receive billions of dollars of stimulus funds from the stimulus package.

The industries are

  • Telecommunications – $7.2 billion is set to spent on increasing the broadband Internet throughout the United States.
  • Health Care – $20 billion set aside to help digitizing medical records and other advances.
  • Clean Energy – $43 billion was added to clean energy providing funds to help grow everything from solar panals, wind turbines, electric grids, batteries, etc.  This will help our country become less dependant on non-renewable forms of energy.

In each of these fields, the stimulus dollars are going to allow each of them to grow and provide jobs for the future.

Do You Have To Claim Your Stimulus Check You Received In 2009?

Sunday, May 2nd, 2010

The stimulus check that you received in 2009 is not tax detuctable and something you don’t need to file on your taxes in April 2010.  You will not need to file it on your taxes.

If you were working or on unemployment during 2009, then when you file taxes any part of the stimulus package that affected you will automatically be taken care of.  Any benifits from the stimulus check will be worked into the 1040 form.