2010 Stimulus Check & 2009 Stimulus Check

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Stimulus Check

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Economy is slowing down in second quarter 2010

Monday, 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.

Posted in 2010 stimulus check, Stimulus, Stimulus Check, Stimulus Package | No Responses »

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.

Posted in 2009 Stimulus Check, 2010 stimulus check, Obama, Stimulus Check, Stimulus Package | 4 Responses »

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.

Posted in 2009 Stimulus Check, 2010 stimulus check, Stimulus Check | No Responses »

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.

Posted in 2009 Stimulus Check, 2010 stimulus check, Second Stimulus Check, Stimulus, Stimulus Check | 3 Responses »

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.

Posted in 2009 Stimulus Check, 2010 stimulus check, Second Stimulus Check, Stimulus Check, Stimulus Package | 3 Responses »

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.

Posted in 2009 Stimulus Check, 2010 stimulus check, Stimulus, Stimulus Check | 10 Responses »

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.

Posted in 2009 Stimulus Check, 2010 stimulus check, Obama, Second Stimulus Check, Stimulus Check | 4 Responses »

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.

Posted in 2009 Stimulus Check, 2010 stimulus check, Stimulus Check | No Responses »

Congress Bill H.R. 3557 : A Bill To provide an emergency increase in the cost of living for social security benefits during 2010

Wednesday, March 17th, 2010

HR 3557 is a bill currently in congress that was opened in September 2009.  This bill was started to raise the amount those on social security get each month.  This increase would be due to the current state of the economy.  Currently this bill has yet to be passed, if it does, it would go into effect for the rest of the 2010 year.

Posted in Stimulus Check | No Responses »

Are we getting a stimulus check for 2010?

Friday, February 12th, 2010

Currently there is talks of getting a 2010 stimulus check that would be similar to that of the 2009 stimulus check.

This 2010 Stimulus Check would be another $250 stimulus check sent out to those on social security, and military veterans that qualify.   For those that are working, there is still a $400 yearly tax credit that is applied to the entire year, so instead of the $20/paycheck you saw for the half of 2009 it was active, it will be a bit less because it is being covered over the entire year of 2010.

Posted in 2009 Stimulus Check, 2010 stimulus check, Second Stimulus Check, Stimulus Check | 33 Responses »

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