2010 Stimulus Check & 2009 Stimulus Check

...Information about the 2010 Stimulus Check

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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.

Vice President Joe Biden Receiving $250 2009 Stimulus Check

Thursday, May 21st, 2009

In a almost ironic twist to the 2009 stimulus check situation going on right now, Vice President Joseph Biden who is eligible for social security will be receiving a $250 Stimulus Check in the mail this month.   Joe turned 66 last November making him eligible to receive social security thus, able to receive the 2009 stimulus check going out to those on retirement incomes.

Besides the fact he made $169,000 last year and will earn $227,000 this year as Vice President of the United States behind President Obama, he is still able to receive a 2009 stimulus check.

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First Social Security check was in 2009

Tuesday, May 12th, 2009

If you ware one of the many people who are on Social Security and wondering if you are getting a 2009 stimulus check it will depend on when you started receiving your social security.  The 2009 stimulus checks are for those who have started receiving their social security checks by the end of 2008 so that as of Jan 1, 2009 they were already in the system.  Even if you started up in Nov or Dec of 2008 you would be eligible for a 2009 stimulus check just like Vice President Joe Biden who started getting his Social Security checks in Nov 2008.

If your first social security check was sometime starting in 2009, even Jan or Feb 2009 you are not eligible for a 2009 stimulus check.  The way the rules were written for the 2009 stimulus package that was created and signed into law by President Obama stated that only those already on social security by the end of 2008 would get a 2009 stimulus check.

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Unemployed workers seeing Stimulus tax relief

Tuesday, May 12th, 2009

Starting in May 2009 unemployed workers that have been laid off in either 2009 or through mid 2010 will see an increase in their weekly unemployment checks due to the 2009 stimulus package.

The federal stimulus package signed into law by President Obama allocated money to increase the unemployment benifits of everyone in the America durning these tough economic times by increasing the weekly pay by $25/week.  

This extra money will help workers get through until they are able to find a new job and resume work.