2009 Stimulus Check & 2010 Stimulus Check

...Information about the 2010 Stimulus Check

Stimulus

...now browsing by category

 

President Obama lowered expectations in 2010

Tuesday, January 5th, 2010

In 2009, President Obama set some mighty high goals for his first year in office.  To his credit, he hit most of them.  The big winners were the multi billion dollar stimulus package, making progress for financial reform, lowering unemployment rates and dealing with terrorist threats.

Since this is a blog about the Stimulus Check, I won’t go over the points from the other achievements President Obama has made.   The Stimulus Package that he signed into law shortly after coming into office created many opportunities and hope for businesses and individuals.

Not everyone can agree on how they see eye to eye on if what Obama did was the best, but it did work.  He got money into the hands of most of the people who needed it most.

Most of the plans from the stimulus package about helping those that are currently employed remain in effect through 2010.  For those currently not working and retired, there will more then likely be a 2010 stimulus check coming your way this spring/summer.

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

President Obama proposes new stimulus check and stimulus funding

Tuesday, December 8th, 2009

Today in Washington President Obama has called for a new round of stimulus spending for our country to help with the staggering economy.  This new stimulus funding could total over $150 Billion Dollars to jolt the economy back on track.

These funds are primarily going to go be used for more road construction, new bridges, tax breaks for small businesses, tax breaks for energy efficient home upgrades and a 2010 stimulus check.  All of these are aimed at getting money flowing, getting people employed and getting money in the hands of those that need it.

President Obama wants to give an additional $250 to seniors and veterans, similar to the 2009 stimulus check.  This check would be handed out in a similar manner to those that received one this year, plus those that weren’t eligible this year that would be for next year’s stimulus check would also receive one.

Click to continue »

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

Obama Seeks $250 Check For Retirees And Veterans

Friday, November 13th, 2009

Earlier this month President Obama in front of congress suggested that they put together a plan that would send a second stimulus check to retirees and veterans.  This check would be sent early next year in the form of a 2010 stimulus check.

This stimulus check would be sent out instead of a cost of living increase for retirees and veterans alike.   Also a factor in the decision is that inflation has been negative as current recession that we’re in has been driving down prices of all goods in every market.

Click to continue »

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

Do you have to payback the stimulus check?

Tuesday, November 10th, 2009

The stimulus check is not something that you need to pay back to the government like a loan, nor do you need to pay taxes on it come tax time in April.  The stimulus check is considered free money for you to do with as you please.  The main reason for it was that you would spend it in hopes of stimulating the economy, hence the name, stimulus check.

To repeat, you do not have to pay back the stimulus money that you received during the year.

Click to continue »

Posted in 2009 Stimulus Check, Stimulus, Stimulus Check | No Responses »

Veterans may get a second stimulus check in 2010

Thursday, October 15th, 2009

An estimated 2 million veterans may be eligible to receive a 2nd $250 stimulus check in 2010.

President Obama thinks that a second stimulus check in 2010 would help both the economy and the veterans that received theses new checks. The plan would very similar to how stimulus checks were sent out in 2009 to those senior citizens, retired and disabled workers and the other groups that qualified.

This plan for a 2nd stimulus check would just need to get lawmakers approval and reasoning on why it would be beneficial for those that would receive it. This only applies to those veterans that are living in the United States, Puerto Rico or Guam.

This round of stimulus would cost the US Government about 13 billion dollars.

Posted in Obama, Second Stimulus Check, Stimulus, Stimulus Check | 6 Responses »

Will there be a second stimulus check?

Thursday, October 1st, 2009

As of this writing, there is no plans by President Obama or the US Government to issue a second stimulus check in 2009.

Keep checking this site, as it will be updated frequently if there is any new reports of a second stimulus check for 2009 or any future updates on the possible 2010 stimulus check.

Posted in 2009 Stimulus Check, Second Stimulus Check, Stimulus, Stimulus Check | No Responses »

When will I recieve my stimulus check

Sunday, May 24th, 2009

This years 2009 stimulus check are now starting to go out.  I’m not sure of the method they are using to send them out so it is different then last years stimulus check that was based on the last two digits of your Social Security Number or SSN.  The process the government is using is sending out letters to those that are eligible saying that they will be receiving a stimulus check, then a few weeks later they will receive a check or transfer into their account.

Why they didn’t just send the checks directly instead of a letter, I’m not sure.  It would have been much easier on everyone had they just done that.

For those of you that are working you should see your ~$20/week extra showing up in your weekly paychecks from the tax adjustment that Obama started.  Over the course of the entire year, you’ll get about what you got last year as a stimulus check.

Click to continue »

Posted in 2009 Stimulus Check, Obama, Stimulus | 6 Responses »

$2,500 Tax Refund from 2009 Stimulus Package

Monday, May 18th, 2009

With all of the talk about the $250 2009 stimulus checks going out recently, there is a way for many of you to save money and get back a large refund this next April from this recently passed stimulus package.

One of the parts of the stimulus package was to provide a $2,500 tax credit, per student for this year.  It isn’t a stimulus check but the value of it much greater then the $250 stimulus check going out this year or the $600 / $1200 stimulus check from last year.

Click to continue »

Posted in Stimulus, Stimulus Check, Stimulus Package | 13 Responses »

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.

Posted in Obama, Stimulus | 1 Response »

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.

Posted in Obama, Stimulus | No Responses »

« Older Entries