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Second Stimulus Check For Obama 2009 Economic Stimulus Package?

Published 2/4/09 (Modified 3/9/11)
By MoneyBlueBook

Tax Cuts, Social Spending, and New Jobs - But What About Stimulus Checks?

A second economic stimulus package for 2009 is on the way and from the looks of things in the news, it appears newly minted President Barack H. Obama and his Democrat controlled House of Representatives and U.S. Senate are determined to ram the lucrative spending proposals through the legislative meat grinder no matter what, much to the chagrin of skeptical and deficit-weary Congressional Republicans.

As Congress debates the wisdom and intricate details of the current version of the 2009 economic stimulus package, it's clear that something needs to be done very soon to jumpstart and save our suffering economy before we spiral into a full blown economic depression. The unemployment rate is rising fast and everywhere you turn, there seems to be a never ending stream of unemployment and layoff news being announced everyday. The stock market has already shed more than half of its value since its peak in 2007, and billions to trillions of dollars worth of wealth have already been eliminated from the economy. Major banks and financial giants like Citibank, Bank of America, and JP Morgan Chase, once the financial pillars of our economy and the lifeblood of our credit industry, are now clinging onto U.S. government bailout money for dear life - hoping to still be in business at the end of every quarter.

With its almost limitless resources, it's clear the federal government must intervene somehow and put this broken economy and financial system back on track to prosperity. But the question is - what should be the government's role in all of this? More specially, what method should the government take to effectively jump start the economy to life again and ease the suffering on Main Street and Wall Street? Should the 2nd economic stimulus package continue to focus directly on sparking consumer spending by featuring a second round of free stimulus checks to consumers - perhaps for amounts much higher than the previous 2008 economic stimulus checks? Or should the plan this time around focus more on longer term indirect measures like job creation, infrastructure investment, and tax credits?

Current 2009 Economic Stimulus Package Focuses Less On Stimulus Checks - And More On Job Creation, Infrastructure Projects, and Tax Cuts

Before Barack Obama was elected president and during his 2008 Presidential election campaign, he supported implementing additional economic stimulus measures in 2009 - and even whispered at the rumored possibility of a second round of stimulus checks for taxpaying consumers in 2009 before tax day.

Whether a second stimulus check was a real possibility or not, the mere mention of a second round of stimulus payments and the prospect of getting more free government money certainly made my greedy ears perk up, but much of my optimism and enthusiasm were quickly dashed when Obama finally came into power. Almost immediately, he signaled a different stimulus proposal shift that favored a more multi-pronged approach of using tax cuts, tax credits, and pet projects, rather than relying on the 2008 economic stimulus check tactics of his predecessor, George W. Bush. Instead of just distributing free bailout money to the masses and hoping the funds will naturally trigger a huge surge in consumer spending activity to put the economy back on its feet again, Obama's stimulus package focuses more on middle class tax cuts and massive increases in government spending to fund various infrastructure investments, green energy projects, financial aid to states, and social education initiatives - designed to create jobs and put people back to work.

The current 2nd economic stimulus plan laid down by President Obama for 2009 is a whopping, super-sized $825 billion economic rescue package containing staggering spending initiatives and ambitious tax cuts, and sprinkled with dozens of pork-based proposals and suspect social initiatives within hundreds of pages of legislation. The current package contains $300 billion worth of aggressive construction projects designed to improve the country's���� infrastructure and create millions of new artificially generated jobs in areas like health care, renewable green energy, school upgrades and repairs, and transportation related improvements. The package also contains about $200 billion worth of state social assistance provisions designed to help keep state sponsored health and unemployment programs well funded - to offer a measure of cushion for those people who have been recently laid off due to the economic down turn. Along with the state assistance portion are other safety net type provisions to help fund and keep afloat local food stamp programs, food banks, state sponsored health care, and governmental health insurance plans for those suddenly unemployed.

The other primary feature of the current Obama economic stimulus plan is the series of tax cuts and tax credits offered to qualifying individuals and small businesses. Under the tax cut portion of the stimulus deal, small businesses suffering losses because of the economic downturn and recession would receive more favorable tax loss write off terms.

For individuals, the current 2009 economic stimulus package offers pretty generous tax cutting proposals. The plan highly favors low and middle-income working families since the idea is that these income groups are more likely to spend and invest their tax savings rather than save the money. In terms of stimulating the economy, increased consumer spending is good, and consumer saving is bad. Nicknamed the "Make Work Pay Credit" by President Obama, the proposed tax credit is supposed to reach close to 95% of workers, and benefit even working tax filers without any tax liability - typically very low income workers. Here is a basic overview of the stimulus plan's Make Work Pay Credit:

  • Middle Class Tax Credit: Under the plan, there would be a tax cut amounting to $500 a year for individuals, and $1,000 for couples. The economic stimulus would be issued in the form of a tax credit, and would be limited to those making $75,000 or less ($150,000 or less for married workers filing joint tax returns).
  • Low Income Tax Credit: For low income taxpayers, there would be an increase and expansion of the Earned Income Tax Credit to provide a refundable tax credit for low income assistance. The expansion would affect even working tax filers without any actual net tax liability - typically very low-income workers - and allow them to potentially qualify for free stimulus tax refund credits.
  • Child Tax Credit: For those who have children, a temporary increase in the child tax credit would result in larger tax refunds.

Should The 2009 Economic Stimulus Plan Be Re-Written Or Re-Packaged To Contain Major Provisions For A Second Economic Stimulus Check?

It's too bad the eventual 2009 stimulus plan probably won't contain another round of hefty stimulus check payments to ordinary consumers like the ones that were dished out last year. While the 2008 stimulus tax rebate wasn't much (only a few hundred dollars in my case), some additional government handouts in higher dollar denominations would still have been greatly appreciated by individuals like myself and put to good use. Plus, as an American consumer who embraces the virtues of capitalism, I feel I would have made a better decision for myself as to how best spend my portion of the stimulus money pursuant to what's in my own best capitalist self interest.

Overall, I think President Obama's administration is probably right in its revised efforts to focus more on job creation, offering greater tax cuts, and enhancing safety net protections to help suffering Americans survive the economic downturn for the long term. Offering greater financial assistance to struggling state unemployment programs (many on them on the verge of running out of funds), and stimulating growth with more job building projects is a proven way to stabilize the markets and improve consumer sentiment. However, I'm still a bit disappointed that the President and Congress have not explored the prospect of an enhanced second stimulus check further.

At least for now, President Obama's administration seems to have given up on the idea of using government stimulus checks en masse again to jump start the economy. Instead, Obama's advisers have indicated that they would prefer searching for viable ways to get government stimulus money into the hands of American taxpayers quickly that would not require or duplicate the tax rebate checks of last year. Apparently the $150 billion spent in 2008 in the form of stimulus payments to consumers proved to be quite an economic failure and pointless exercise of futility in terms of actually stimulating the economy to any extended degree. But perhaps the reason it didn't work properly the first time around was because too little money was given out to substantially change consumer spending habits to forcibly inject money back into the economy again (simply compare the $150 billion spent last year to the $800 billion-plus worth of spending being proposed for 2009).

Perhaps The Problem With The First Stimulus Checks In 2008 Was That They Were Too Little To Make Much Of An Impact

I have mixed feelings about the prospect of yet another around of direct stimulus checks to consumers. On one hand, I understand that there are many struggling American families getting hammered by higher living���� costs, and suffering from the ills of unemployment and layoffs. However, I'm not entirely convinced that the idea of handing out free money to families will really solve all of our economic woes and jump start the economy at its core. But yet I still wonder if perhaps we gave up on the idea of stimulus checks too early and that maybe, the concept is still workable. Maybe the amounts issued in 2008 were simply to small to change anyone's spending habits as initially intended - after all, only about $150 billion was spent in 2008, when the current 2009 economic stimulus proposal's already ballooned to a whopping $850 billion.

I know when I received my tax rebate stimulus check in early 2008, the check only amounted to a few hundred paltry dollars - not really enough for me to go on a greedy spending spree. So instead of spending it and doing my part to stimulate the economy, I ended up doing what most people probably ended up doing with their tax rebate check - putting the money in a bank and depositing it into a high yield savings account. Of course, my plans for the money would likely have been very different if the amount wasn't something low like $300, $600, or $1,200, but rather something as high as $10,000. If the stimulus check issued to me was indeed worth upwards of $10,000, I would very likely have saved a small portion of it but ended up plowing a sizable portion back into the economy by spending it on major expenditures like a new wide screen plasma TV set, new home appliances, or even a new car.

What If The Entire Economic Stimulus Bailout Package Went Towards 2nd Stimulus Check Payments? Would This Actually Stimulate The Economy?

Almost all polls among ordinary American consumers show overwhelming support for a second stimulus rebate check. After all, who would really oppose it? Who would be opposed to receiving free stimulus check money. Think the prospect of getting a second stimulus check worth as high as $10,000 as a consumer bailout is impossible? Well it's probably unlikely, but it's not out of the realm of financial or budgetary possibility, at least based on the fiscal numbers alone.

On CNN Money, a very interesting question was proposed in regards to the bank bailout and economic stimulus packages. If instead of bailing out these credit crisis-stricken banks (who probably deserve their fates due to the risky mortgage bets they greedily placed into subprime loans), we just gave all of the bailout money to taxpayers in the form of a massive consumer cash stimulus. How much would we each get if the entire current economic stimulus proposals were issued out to consumers as a second round of stimulus check payments? The second important question to ask is - would this actually stimulate the economy for the necessary extended period of time to get it going again?

To arrive at the figure, CNN Money took the total amount of the bank bailout package of $700 billion and added that to the proposed 2009 economic stimulus spending estimation at the time of $819 billion - resulting in a total bailout package of $1.519 trillion (that is quite a staggering figure). Dividing that number by 156.3 million, the total number of U.S. workers who filed federal income tax returns in 2008, that number equaled $9,718.49 per U.S. taxpayer, or roughly the equivalent of a juicy $10,000 cash bailout payment for each qualified tax payer. Now that's stimulus with oomph! With $10,000 in our pockets in the form of instant windfall economic stimulus checks, it's very likely that the tremendously high amount would be sufficient to incite a major change in spending activity than a measly $600 check ever could.���� People would probably go out and actually start stimulating the economy by buying cars, purchasing TV's, paying for college studies, and going on vacations.

As a dose of devil's advocate inspired reality though, while it's very possible that $10,000 checks in every working taxpayer's hands would probably send the economy skyrocketing, it's also possible the growth could be short lived and not actually get to the true root of our current economic problems. The massive surge in consumer spending probably won't do much to solve the lingering fundamental issues surrounding our current credit crisis, which centers around a failed banking system and a failed home mortgage lending market. But then if repairing the banks and injecting confidence back into our home mortgage and credit lending markets are our primary objectives - I'm not sure the current economic stimulus proposals by President Obama, which are focused more on tax cuts and job creation and most prominently, aggressive social spending programs - will actually accomplish those goals. At least for stimulus checks, they could be able to help alleviate some of the immediate economic suffering being felt by ordinary consumers - many of whom are fighting to stay alive, with a great deal currently resorting to desperate emergency fund measures like 0% credit card offers, balance transfers, and risky high interest payday loans.

I'm curious as to everyone's opinion on the wisdom of a second stimulus check (if it ever happened). What's your take? Would substantially higher stimulus checks of $1,000, or possibly even as high as $10,000, actually encourage you to spend the money (thereby stimulating the economy) instead of merely saving the amount or using it to pay down debt? How would your decision compare to how you actually spent your previous 2008 tax rebate stimulus check?

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392 Responses to “Second Stimulus Check For Obama 2009 Economic Stimulus Package?” 

  1. nahtima says:

    I very much agree with blue light. Wow, Why couldn't they have thought of that. I think this plan might actually be the solution. You really need to get this to them blue light, before it's too late!!! Please make every effort to send this and get it to their attention. I think adding that we all sign an agreement, is something they never thought of that would actually enforce everyone's spending to focus on what got us all in this massive mess in the first place. That is why, I think they really need to at least see your proposal and at least take it into consideration. Why have you not run for president. We need your mind and more minds alike to be in that house!!!

  2. Awna says:

    First of all, I would like to go on record here to say that in alot of ways, I see where Obama is going with the taxcuts, and etc. He's trying to stimulate the economy in a way that will help us in the longrun, not a quick fix. I support the stimulas check idea, and relished it in my $900 I got back from my tax return this year (Didn't get mine in 2008, so it came by my tax return this year) however, these are only quick fixes, and in the longrun, won't help us as a nation. Creating jobs is a long-term effect. And overall, will enhance the economy. Investing in better power sources also creates jobs for people that have gone to college and got their degrees. We'll get our money in the form of a tax credit. Now...for some, this won't seem like much...especially if you make around $75,000 a year. BUT, for some of us who could only DREAM of making that much in a year...who make less than $20,000 a year, this is a salvation. The higher tax credits alone will skyrocket my tax return next year. The only issue I'm having with this idea is this....all this info is based on WORKING people. I have been out of work since November of 2008 and only live on $697.00 a month. If I'm not working, these credits will not apply to me, an will put me in a deeper financial hole. I will recieve a whopping $250.00 check for my son who is disabled and thats it. This also is not going to help me. So what do we do now? We need to come up with a plan that benefits everybody financially. We don't need quick fixes, and hype, we need action!

  3. Huh says:

    hell, if i receive an 10,000 stimulus check i can FINALLY finish paying of my lawyer, re-instate my license, pay off remaining balance of two loans and the remainder of it i can get me some means of transportation a used or excuse me - PRE-owned vehicle.

  4. Cindy says:

    I can guarantee that with $10,000 I would save a little and spend a lot!! This would obviously be a much better way. It's a shame to give all those big CEO's money period. I will be surprised if this bail out works but our children and the next generation will be worse off than we are if that's possible. It makes sense to put the money in the tax payer's hands where we can start spending again. The more we spend the more jobs there will be. It won't happen this way. It makes to much sense and that's not what Washington wants!!!! Our senators and all the rest are not there because of us little people. They all have hefty sums in their pockets but you don't see them taking any pay cuts and you won't!! This is a very sad time for America that has always been the strength of all the world's economy. Also, just wait. Gas prices will go up and we will get the shaft again.

  5. KHRIS says:

    ALL OF US HAVE ARE OWN PROBLEMS AND WE ALL NEED DIFFERENT KIND OF HELP BUT WHY ARE WE THE BIGGEST BLOWERS OF THE GREAT AMERICAN DOLLAR THE ONLY ONES TO HELP OUT THE COMPANIES THAT GET RICH OFF US TWICE.AND THE GOVT,WE REACH IN ARE POCKETS ANY TIME THIER READY TO HELP THEMSELVES.THEY GET 5 OR6 TIMES MORE MONEY TO DECIDE WHAT WE WANT AND THEY SHOULD ALL TAKE PAY CUTS THE BILLS FOR LUNCHS DINNERS BREAKFAST AND HOTEL STAYS THAT WE ALL PAY FOR.WHEN WE GO TO DINNER WE PAY FOR IT OUT OF THE MONEY WE ALL WORK FOR.WE GO TO THE DOCTOR WE PAY.I SAY THAT IT SHOULD BE THE CASE FOR ALL.WE VOTE THEM IN SO THE RICH CAN GET IN THIER POCKETS TO GET ARE MONEY.IF THE AUTO COMPANY IS BROKE LET THEM FIX THIER SELFS.WHEN WE RUN OUT OF MONEY WE CAN'T CALL UP AND GET ARE BILLS PAID BY EVERYONE.I BELIEVE THAT WAS THE RIGHT OF NO SHOULD BE ARE VOICES AND ARE BLOOD. SO MANY PEOPLE DIED TO GIVE A RIGHT TO VOTE AND LIVE FREE SO WHY DO WE NOT TAKE OF ARE OWN.WE DUMPING ALL THIS MONEY IN TO PLACES WHEN WE HAVE PEOPLE SLEEPING ON THE STREETS AND KIDS GOING HUNGRY AND JOBS LEAVING FOR MEXICO.STOP SPENDING MONEY ON OTHER COUNTRY THAT ARE UFORGET WHERE IT COMES FROM.

  6. jameca says:

    a 10,000 check from the government would stimulate the economy. it would help people smile again .it would help people forgive the mishaps of everyday life here in the united states. it would make people think more about everything with a large amount to be responsible for.maybe it would be more of an incentive and an honor for the first black president to sign that bill. the government has done some good things for us and why stop now

  7. Willie says:

    Just wanted to say that Obama made us think that all middle and lower class would get a check in hand. Not the banks. Where is the checks? $5000.00 would do my family right. We would spend it puting in new floor. An additional $5000.00 would be nice to give us a/c and heat unit. to save on electricity.

  8. KHRIS says:

    I FEEL AS AN AMERICAN I HAVE THE RIGHT TO SAY MOST OF US ARE VERY STUPID ON WHAT WE THINK WE KNOW.THE PRESIDENT IS NOT GOING TO FIX THE PROBLEMS OF 233 YRS OVER NIGHT AND WE CAN HELP FEEL LET DOWN OR LIE TO WHICH IF YOU ALL THINK THAT IT HURTS NOW WAIT UNTIL THE TRUCKING COMPANY ALL SHUT DOWN.PEOPLE DON'T RELIZE THAT WHEN WE STOP MOVING THE ECOMONY STOPS.THIS MEANS NO GOODS NO MONEY NO FUEL NO POWER NO WATER. WAKE UP PEOPLE MONEY DOES NOT SOLVE PROBLEMS IT CAUSES THEM.TRUST ME IF THE GOVT GIVE YOU MONEY WHICH ALL OF US WORK FOR THEY ARE GOING TO WANT IT BACK TO SPEND IT FOR PROGARMS THAT DO NOT WORK.

  9. wes says says:

    I speek for my hole family that present obama is doing the best that he can be do the world it in a mess i got layed off work i have work for over 35+ years been ever were to find a job they are no jobs out there and now no health care i have no ideal what we can do not what is going to happend i will hope that present obama
    ideal work yes it would be good to get a check to help us all help i guess i am better of then some people are i still have a house to live in thank you wes

  10. Awna says:

    The fact of the matter is, Khris is right. We can't expect Obama to fix everything thats wrong in our country overnight. It didn't get this way overnight, so it's not gonna be fixed overnight. BUT...with any luck, and a lil ingenuity, perhaps Obama can at least make a dent in our nations problems.

    But just so we're clear, I spoke to my tax professional. There will be NO stimulas checks sent out this year. It will all be in the form of tax credits. So...we can hope all we want...but the monies just not gonna be there. We as a nation are gonna have to pull ourselves up by our bootstraps and make things happen for ourselves. I wish everybody luck on that!!

  11. zevin says:

    Well, I have been sitting back reading these for a while now. I haven't commented in a while, but it seems like we are more likely to win the lotto or have Publishers Clearing House come knocking on our door that to get much of anything from the government, sad but true. I feel for everyone that is struggeling! I hope that somehow things get better for everyone that needs help! Believe me if I were to win the loto I would do as much as possible to help people out, I have contemplated what I would do if I were rich, it is a shame I am not. For those that didn't read my previous post, I am a single mom of two wonderful children, I work and go to school, and do not recieve child support. I believe that God does make sure that me and my family have what we need, I really don't have any other explaination for how I have managed this long. In a dream world we would recieve a large sum of money, but I honestly don't see that happening. It would be nice if people all would stick together and help their neighbor like the old days! Everyone try to keep your chin up and things will ultimately get better! They have to!

  12. Pissed Off says:

    Seriously... Shut the .... up. You losers are just going to take any amount and spend it at Multinational Mart and even more money will leave the country. At least we are setting up an infrastructure for a more successful country. You want $10,000 in fast cash? Sell yourselves on the street.

  13. Matt Habbyshaw says:

    I am 21 years old, married, 1 kid and another on the way. I have been layed off for 8 months now due to me getting run over by a forktruck. I told my boss and the next thing I know im getting thrown out the backdoor by an unforgiving Temp-Service. Anyways 8 months later and I cant find a job because i dont have enough experience, BS in my eyes. I taled to a lady at an MDF plant in PA for and over the phone interview, I told her I had experience, she asked how much, I said 6 months...you want to know what her response was? OH, is that all? What do the american people need to do to get ahead? These banks that are doing nothing but closing their doors are getting OUR tax money. Me and my wife had to give up our apartment and move in with my grandparent. Apparently Self-Reliant doesnt know what a real middle-class citizen is all about. 21 years old, i make 50$ too much on my unemployment to get food stamps and my wife is ineligible for insurance. I know people who are Alcoholics and Drugmasters that walk into the Welfare office and get So-Called Emergency funds plus get a check the next week. What the crap is happening here. Every time I get a job it has to be thru a temp and then 3months later your looking for another job. My whole point of this message is why do we need experience? Dont we have to start at the job to gain experience? Im 21 years old trying to make a good life for my 7 month old and the one on the way. I got laid off 1 week before my child was born, Talk about sitting down and having a breakdown. i voted for Obama for change and I have seen nothing happen yet...Why not? im so worried about my familys future, fighting more because we have no where to go, no money, and children to support. Government wont help us so we go from house to house. People say my trunk in my totaled 2002 cavalier that barely runs is my closet, lmao. I could surely use 10,000 to go back to school for a year and finish up my schooling, Why wont the government help us middle-class out? I wish Obama would read these postings and help us out. I pray for us and everyone ou there everynight as im falling asleep not knowing what the next day is going to bring us and how we are going to get by with all our bills. I see my baby smile and it makes me cry. May we all pray and hope to god someone helps us in this world, and soon. To all of you upperclass, selfish, unforgiving CEO's and bankers, Screw yah, Thats my opinion.

  14. Awna says:

    Zevin: Thank you for those kind words! I agree completely. And things do get better! Since yesturday, things have been a whirlwind around my house. It started off with a phone call from my landlord...asking me if she can give out my phone number to someone within her office who specifically asked for me. They wanted to at least offer me a part-time job. Well...one thing lead to the other and I am gainfully employed!!! I am a chef, and all my hardwork and networking has paid off! I was offered a part time (For now, a week or a month from now...fulltime), job as a assistant chef for meals on wheels and the senior nutrition program for CAP. It's a wonderful job, and I love all the people I work with. Things do get better, but it does take time folks!! Keep your chins up and smiles on those faces! BTW, I also live in a small town, so if it can happen to me, it can happen for anybody.

  15. disgusted in CA says:

    To LA: Obama inherited this mess from Bush, not Clinton (If that's what you meant by slick willie)

    To Self reliant: you need to get off your high horse you rode in on and stop looking down your nose at people who need help every now and then. My husband and I make almost what you say you and your wife make and we are smart enough to not have bought a new car.

    To BLUELIGHT422: I like your idea, but I don't think our government will go for giving us each $1Million each.

    Maybe this country needs to be like the socailists, because what's been going on obviously isn't working, so it's time for something new. It's like Obama said on the campaign trail: "Vote for change, vote for me. If you vote McCain you will have more of the same."

  16. oceandad says:

    To:BLUELIGHT422

    Send your letter that you typed here to the white house! I hope you already know what they were talking about when they said "send it in the mail" & "Sent it to the white house"!

    I do agree, send it to them!! Giving our money to us, for us to pay for our own homes & bills & food is a hell of a lot better then to keep giving it to the banks. I think we need to take back our country!! We need to put someone in office that will do as promised, work for US!!!! They spend like it is there own damn money and I am sick of it!!

  17. Duke deltree says:

    If my fifth grade math hasn't failed me. they have thrown enff money around to give every US Citizen at lest a million dollars and a stock investment portfolio as a stimulus package ,then we would know what to do with the emigrants. There two solid problems done and a covey of others! Just a thought. :Duke Deltree

  18. nomorefatguys says:

    huge stimulus checks sound great but would probably cause a ression we may not be able to get out of, those large checks just mean the corporate fat guys can get fatter in their pockets and not spread the money around... prices will continue to increase because of all the money people will have to spend... atleast now prices need to drop because people have no money to spend...

  19. Tigress says:

    Another stimulus check...... yeah..it would be nice... but you know what.. The people that actually need it will not be the only ones getting it and that's where the fairness of it all runs out... One of the MAIN reasons we are in this situation with companies closing and our gas rigs being sent overseas along with 3/4 of our jobs is because the damn higher up pricks got to pocket all thier money while us lower bust ass work 7 days a week 12 hr shifts people got shit on. Thank the CEO's and White house people for living it large...and thank them for putting us in this situation. What the hell do they care on how we suffer...so long as they have thier money. JMO.

  20. Boogity8 says:

    Tigress I agree with you. I have been laid off and my husband, though still working, is very worried since the plant he works at recently laid off 200 people and has begun to cut back shifts. I am 43 years old; If I were to add up all the income tax money the government has gotten from me since I was 16 years old, not to mention all the sales taxes I paid over the years, property taxes I have paid on my vehicles and home I would venture to guess it would be well over $400,000.00 easy. Now times that by 2 since I'm married. Call it a handout if you want, but seeing as though I have given so much of my hard earned money to the government over the years, I see NOTHING wrong with getting a little of MY own money back. Do you realize if the 800+ billion dollar payout was given to tax payers instead of companies, that each of us would get about $10,000? Again, I'm married so make that $20,000 to my family. Yeah, I think I could help stimulate the economy with that kind of money.

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