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.

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.

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.

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.

The tax breaks aimed at the housing market to incentive people buying new homes was great.  It worked well, and then the time passed where it wasn’t active any more, and now the housing market is in another slump.

As far as we have come through these times, we aren’t out of the wood yet.

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.

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.

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.

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.

The only part of the stimulus act still in effect is for those that are employed and those buying homes right now.  Other then that, there is currently no more bail out money for the rest of us.

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.

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.