Thursday, February 14, 2008

What will you do with your economic stimulus check?

Earlier this week, the Bush administration passed the $168 billion economic rescue package. According to details, most taxpayers will receive rebates of $600 to $1,200, with families receiving an additional $300 per child. The goal is to get this money into consumer’s hands so that they will spend it - fighting off a looming recession. So far, most polls indicate that people will be taking their check from the government and doing the exact opposite. Roughly 25% of consumers plan to spend their money, while the remainder plans to save it, or reduce their debt.

So, what do you plan to do with your rebate check?

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