Author Topic: "Stimulus" package passed...  (Read 1486 times)

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Offline ironglow

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"Stimulus" package passed...
« on: February 11, 2009, 04:20:39 AM »
    You better hope you don't have you don't have a handicapped child, severely injured teenager or a senior family member who needs extensive medical care..they may not be allowed to have it..

    http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=88457

    Thank you, Commandante Obama !  ..Or is it Comrade Obama ?
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline Questor

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Re: "Stimulus" package passed...
« Reply #1 on: February 11, 2009, 04:55:18 AM »
One of the fascinating facts is that Canada is beginning to realize that its system has failed. Quebec now permits people to seek private health care, and Ontario is not enforcing its law against people seeking private health care.
Safety first

Offline ironglow

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Re: "Stimulus" package passed...
« Reply #2 on: February 12, 2009, 04:09:57 AM »
  Stimulus plan passed for sure..and the stock market dumps more than 200 points just this morning upon hearing the news. Fox news said this morning that the Stock market has lost as of this day..about 2,000 points since election results were announced..
    What does that tell us ?
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline myronman3

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Re: "Stimulus" package passed...
« Reply #3 on: February 12, 2009, 04:42:00 AM »
it tells me to keep my money out of the market!   how long until it aint worth nuthin' anyway?  :-\

Offline skifastchad

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Re: "Stimulus" package passed...
« Reply #4 on: February 12, 2009, 07:54:20 AM »
Change...     Is all we're going to have left in our pockets in 4 years.  :(

Offline CannonKrazy

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Re: "Stimulus" package passed...
« Reply #5 on: February 12, 2009, 02:54:19 PM »
Change...     Is all we're going to have left in our pockets in 4 years.  :(

 At the rate it's dropping you may not even have pockets or change to put in them. >:(

Offline burntmuch

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Re: "Stimulus" package passed...
« Reply #6 on: February 12, 2009, 03:04:19 PM »
Yep I figure the dollar in my pocket is worth about 50 cents now
I dont care what gun Im using as long as Im hunting

Offline Heather

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Re: "Stimulus" package passed...
« Reply #7 on: February 13, 2009, 05:11:13 AM »
Your Tax Dollars at Work!

Stimulus: How it may affect your wallet
Congress has finalized the economic recovery plan. Here's a look at some of the provisions geared at financial relief for individuals.

By Jeanne Sahadi, CNNMoney.com senior writer


NEW YORK (CNNMoney.com) -- Key lawmakers in the Senate and House have reached a compromise on a final economic recovery package.

The new stated topline price tag: $789.5 billion. That's below both the $820 billion House-passed version and the $838 billion Senate-passed version.

The compromises that the House, Senate and White House made have changed the scope of a number of provisions, including those affecting individuals directly. In some cases, they either reduced or expanded a benefit relative to what appeared in the Senate or House versions of the bill.

Here's a look at some of the provisions that will have a direct effect on individuals in their paychecks, on their tax returns, and with regard to their unemployment benefits and health insurance if they've lost a job.

The information below is based on materials put out by the key committees in the House and Senate as well as House Speaker Nancy Pelosi, D-Calif.

Making Work Pay Credit: The bill provides a $400 credit per worker and a $800 credit per dual-earner couple. The full credit would be paid to people making $75,000 or less ($150,000 per dual-earner couple). A partial credit would be paid to those making above those amounts but no more than $100,000 ($200,000 for couples).

The credit would also be refundable, which means that even very low-income families who don't make enough to owe income tax would be able to claim it.

For most working individuals, the credit will be paid over time at roughly $15 per period, assuming 26 pay periods in a year. Estimated cost: $116 billion.

One-time payments to those who don't work: For retirees, disabled individuals and others who don't work, the bill provides a one-time $250 payment. Estimated cost: $14.2 billion.

Break for higher income families: The bill includes a one-year provision to protect middle- and upper-middle-income families from having to pay the Alternative Minimum Tax. The AMT was intended primarily for high-income taxpayers but has in recent years threatened to engulf those lower down the income scale. Estimated cost: $70 billion.

Temporary deduction for car buyers: The bill would let those who buy a new car, light vehicle, recreational vehicle or motorcycle in 2009 deduct state and local sales taxes as well as any excise tax charged in the purchase. The deduction would be available to those earning less than $125,000 ($250,000 for joint filers). It will be an above-the-line deduction, meaning even taxpayers who don't itemize may take it in addition to the standard deduction. Estimated cost: $1.7 billion.

Temporary credit for home buyers: The bill increases the size of an existing temporary and refundable first-time home buyer credit to $8,000, up from $7,500. It also removes the requirement under current law that the credit be paid back if the buyer stays in the home for at least three years. And it would extend the credit's expiration date to Dec. 1, 2009, from July 1. Those eligible for this credit must have purchased a home after Jan. 1, 2009, and before Dec. 1, 2009.

The full credit is available to those making $75,000 or less ($150,000 for joint filers). Estimated cost: $6.6 billion.

New temporary college credit: The bill introduces the American Opportunity Tax Credit, which would be in effect for 2009 and 2010. It expands the existing Hope Scholarship tax credit and would be worth as much as $2,500 for higher education expenses, up from $1,800 currently.

The full credit would be available to those making less than $80,000 ($160,000 for joint filers). Those making between those amounts and $90,000 ($180,000 for joint filers) would get a partial credit. And the break would also be partially refundable, meaning lower income families with little or no tax liability could now claim some of the credit. Estimated cost: $13.9 billion.

Temporary Pell Grant increase: The bill increases the maximum Pell Grant by $500 to $5,350 in 2009 and $5,550 in 2010. Estimated cost: $15.6 billion.

Temporary expansion of child tax credit: The bill increases eligibility for the child tax credit by lowering the income threshold that must be met for the credit to be refundable. The threshold would be lowered to $3,000 for this year and next. That will allow lower income families to claim more of the credit than under current law. Estimated cost: $14.8 billion.

Temporary increase in earned income tax credit: The credit will be temporarily increased to 45% from 40% of qualifying earnings for low-income families with three or more children. It also includes a marriage penalty relief provision for couples who qualify for at least a portion of the credit. Estimated cost: $4.6 billion.
Direct lifeline benefits

Health insurance help for the jobless: The bill includes provisions to help eligible jobless workers pay for health insurance under Cobra. Cobra coverage allows newly unemployed workers to keep health insurance provided by their former employers for a period of time.

For workers who have been laid off between Sept. 1, 2008, and Dec. 31, 2009, the government will subsidize 65% of their premiums under Cobra for up to 9 months.

Those people laid off between Sept. 1, 2008, and the day the stimulus law goes into effect, and who did not sign up for Cobra, will get an additional 60 days to do so and receive the subsidy.

The subsidy will be limited to those whose income for the year is $125,000 or less ($250,000 for couples filing jointly). Estimated cost: $24.7 billion.

Another provision provides states funding to help pay for expanded Medicaid rolls for workers who've lost their jobs and can't afford health care on their own or can't get Cobra coverage because their former employer doesn't offer a health care plan. Estimated cost: $87 billion.

Unemployment benefits: The bill provides jobless workers with an additional 20 weeks in unemployment benefits, and 13 weeks on top of that if they live in what's deemed a high unemployment state, of which there are now about 30. Estimated cost: $27 billion.

In addition, the weekly unemployment benefit will temporarily increase by $25 on top of the roughly $300 jobless workers currently receive. Estimated cost: $8.8 billion.

Plus, the first $2,400 of benefits in 2009 would be exempt from federal income taxes. Estimated cost: $4.7 billion.

Food stamp payments: The bill includes a provision would increase food stamp payments by 13.6%, so a family of four would see an additional $80 on top of the $588 per month they receive currently. Estimated cost: $19.9 billion.

The bill also provides assistance to help local groups providing food and shelter, elderly nutrition services such as Meals on Wheels, and a program to help food banks re-stock their shelves. Estimated cost: $350 million.

Other help for needy families: The bill provides funding to states to create a contingency fund through 2010 for the welfare program called Temporary Assistance for Needy Families, which provides cash assistance to the needy. Estimated cost: $2.4 billion. 

Heather
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Offline Oldshooter

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Re: "Stimulus" package passed...
« Reply #8 on: February 13, 2009, 05:21:54 AM »
Making Work Pay Credit: The bill provides a $400 credit per worker and a $800 credit per dual-earner couple. The full credit would be paid to people making $75,000 or less ($150,000 per dual-earner couple). A partial credit would be paid to those making above those amounts but no more than $100,000 ($200,000 for couples).

The credit would also be refundable, which means that even very low-income families who don't make enough to owe income tax would be able to claim it.


Damn I'm glad that the Government is gonna give tax money back to the folks that dont even pay Taxes in the first place.

Can you get aids from being sexually assaulted by your government?

Will they at least give free condoms so we can get ready?

Or maybe some KY?
“Owning a handgun doesn’t make you armed any more than owning a guitar makes you a musician.”

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery."

Offline SHOOTALL

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Re: "Stimulus" package passed...
« Reply #9 on: February 13, 2009, 05:26:31 AM »
maybe they will kiss you !
If ya can see it ya can hit it !

Offline mirage1988

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Re: "Stimulus" package passed...
« Reply #10 on: February 13, 2009, 05:30:10 AM »
Wonder if they'll still respect us in the morning? ;) :P ;D



Offline SHOOTALL

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Re: "Stimulus" package passed...
« Reply #11 on: February 13, 2009, 07:19:40 AM »
do they now ?
If ya can see it ya can hit it !

Offline torpedoman

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Re: "Stimulus" package passed...
« Reply #12 on: February 13, 2009, 11:18:00 AM »
The local paper has already given it a democratic spin "Jobs package not as billed, Pared bill may trim obamas goal" blames all the pork being cut out by republicans for the lack of it creating jobs.
the nation that forgets it defenders will itself be forgotten

Offline Oldshooter

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Re: "Stimulus" package passed...
« Reply #13 on: February 13, 2009, 12:23:18 PM »
I'd like to drop a pot bellied stove on somebodys foot about right now!   >:(

That is just about all I can say here about that!
“Owning a handgun doesn’t make you armed any more than owning a guitar makes you a musician.”

"Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery."

Offline Ron/Pa.

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Re: "Stimulus" package passed...
« Reply #14 on: February 13, 2009, 01:07:14 PM »
 They didn`t even read it! They passed it, all 1100 pages of IT, and they didn`t even read it!! By not reading IT, THEY have no idea what is in IT! Time will tell....

Offline torpedoman

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Re: "Stimulus" package passed...
« Reply #15 on: February 13, 2009, 01:11:19 PM »
Nancy and harry know, all you really need to know is bend over.
the nation that forgets it defenders will itself be forgotten

Offline Matt

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Re: "Stimulus" package passed...
« Reply #16 on: February 13, 2009, 01:24:58 PM »
The Senate is at 59 "Aye" and Sen Brown (D-OH) will be number 60 as soon as he gets there.

They didn`t even read it! They passed it, all 1100 pages of IT, and they didn`t even read it!! By not reading IT, THEY have no idea what is in IT! Time will tell....

Just don't make any sense does it... man we are so screwed...

Matt
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Offline LONGTOM

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Re: "Stimulus" package passed...
« Reply #17 on: February 13, 2009, 04:21:14 PM »
Boys & girls, I really don't think you will be reading many if any posts or replies from me tonight.
I have been reading everyones thoughts and I really don't think I can retain myself tonight.
I know that if I really get into it here I will end up saying something I shouldn't.
You all are doing a fine job answering for me so I will probably leave it at that.
I will make one statement:
THE BOY AND ALL OF HIS CRONIES ARE ALL BALD FACED LIERS, EACH AND EVERY ONE OF THEM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

LONGTOM

>:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:( >:(
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"THE TREE OF LIBERTY FROM TIME TO TIME MUST BE REFRESHED WITH THE BLOOD OF PATRIOTS AND TYRANTS".
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That my two young sons may never have to know the horrors of war. 

I will stand for your rights as my forefathers did before me!
My thanks to those who have, are and will stand for mine!
To those in the military, I salute you!

LONGTOM 9-25-07

Offline BBF

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Re: "Stimulus" package passed...
« Reply #18 on: February 14, 2009, 06:21:40 AM »
Longtom: I very seldom address a critique to an individual. I do not support or even remotely like your President for his politics.

 I have noted that you keep using the word "boy" when referring to him which implies a racist remark to me.
What is the point of Life if you can't have fun.

Offline ironglow

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Re: "Stimulus" package passed...
« Reply #19 on: February 14, 2009, 07:20:39 AM »
 I suppose one could consider the term "boy" as a racist remark..but I prefer to look at it as a reflection upon his experience and maturity. He truly accomplished virtually nothing as a senator from the most politically corrupt city and state in the nation. His only accomplishments have been as a "community activist" (in our most politically corrupt city)..which many of us interpret as "rabble rouser"; one would naturally have a jaundiced view of his experience.
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline lrs

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Re: "Stimulus" package passed...
« Reply #20 on: February 14, 2009, 07:55:38 AM »
I have noted that you keep using the word "boy" when referring to him which implies a racist remark to me.

That's a bit of a stretch in this case.
Do you pull this one a lot? 
Do you think this suddenly elevates you to some type of moral high ground. 
To me, this is just lame.
" we are screwed "

Offline LONGTOM

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Re: "Stimulus" package passed...
« Reply #21 on: February 14, 2009, 07:57:47 PM »
Longtom: I very seldom address a critique to an individual. I do not support or even remotely like your President for his politics.

 I have noted that you keep using the word "boy" when referring to him which implies a racist remark to me.

By your statement, am I to assume that you do not live in the USA?
If you do live here than he must also be yours.


SORRY, I just noticed at the bottom of your reply that you are from CANADA.

I don't begin to claim him.

No, I don't consider myself a racist.
In fact I will say that most of the blacks I have met in my life are very nice people, but in his case I guess maybe I am!

Remember, so far we still have the FIRST AMMENDMENT made possible by the SECOND AMMENDMENT!!!!

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"THE TREE OF LIBERTY FROM TIME TO TIME MUST BE REFRESHED WITH THE BLOOD OF PATRIOTS AND TYRANTS".
THOMAS JEFFERSON

That my two young sons may never have to know the horrors of war. 

I will stand for your rights as my forefathers did before me!
My thanks to those who have, are and will stand for mine!
To those in the military, I salute you!

LONGTOM 9-25-07

Offline BBF

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Re: "Stimulus" package passed...
« Reply #22 on: February 15, 2009, 05:11:10 AM »
Fair enough!
BTW I had lived in the US for a number of years and know how much blacks like to be called "boy."

Re your 1st and 2nd.  I recall how close you came for the 2nd to be reinterpreted and your 1st has a number of holes in it as well and getting perhaps more under your present Administration
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Offline SHOOTALL

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Re: "Stimulus" package passed...
« Reply #23 on: February 15, 2009, 09:42:30 AM »
Guess Canada has no race problems ?
If ya can see it ya can hit it !

Offline LONGTOM

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Re: "Stimulus" package passed...
« Reply #24 on: February 15, 2009, 07:41:34 PM »
Fair enough!
BTW I had lived in the US for a number of years and know how much blacks like to be called "boy."


I guess in all honesty that is why I choose to call him and him only that.


Quote
Re your 1st and 2nd.  I recall how close you came for the 2nd to be reinterpreted and your 1st has a number of holes in it as well and getting perhaps more under your present Administration


That's why we keep fighting for our rights!
They keep wanting to change the meaning and we want them to remain the same.
All except the part about burning the flag.
I will never fight to keep that as part of the first amendment!!!


LONGTOM

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"THE TREE OF LIBERTY FROM TIME TO TIME MUST BE REFRESHED WITH THE BLOOD OF PATRIOTS AND TYRANTS".
THOMAS JEFFERSON

That my two young sons may never have to know the horrors of war. 

I will stand for your rights as my forefathers did before me!
My thanks to those who have, are and will stand for mine!
To those in the military, I salute you!

LONGTOM 9-25-07

Offline ironglow

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Re: "Stimulus" package passed...
« Reply #25 on: February 16, 2009, 12:54:52 AM »
  Longtom;
     I agree that the liberals have chopped common sense into a mess..primarily because they are driven by emotion, rather that deductive reasoning. Consider the flag burning decision, which was driven by liberals:

  Why is it perfectly acceptable to burn a flag, but a criminal offense to burn a cross...when we know the cross means so little to many of these liberal hypocrites ?
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline SHOOTALL

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Re: "Stimulus" package passed...
« Reply #26 on: February 16, 2009, 06:12:55 AM »
the cross thing - maybe they leave it alone JUST IN CASE  they are wrong !
If ya can see it ya can hit it !

Offline ironglow

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Re: "Stimulus" package passed...
« Reply #27 on: February 18, 2009, 03:36:26 PM »
One of the fascinating facts is that Canada is beginning to realize that its system has failed. Quebec now permits people to seek private health care, and Ontario is not enforcing its law against people seeking private health care.

        That rather undermines the whole idea of socialized medicine doesn't it !  Medical care is inadequate for many, but only the "well-off" can afford to pay for the care "socialized" won't cover. The rich get adequate care, the non-rich are worse off than before socialized medicine.
   
      Another great example of "Liberal logic" !
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline SHOOTALL

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Re: "Stimulus" package passed...
« Reply #28 on: February 19, 2009, 02:44:56 AM »
LIBERAL is not about helping people its about making themselves feel good at the expence of others .
If ya can see it ya can hit it !

Offline Questor

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Re: "Stimulus" package passed...
« Reply #29 on: February 19, 2009, 04:34:17 AM »
Ironglow:

The same thing happened in England, so no, it doesn't mean an end to Canadian socialized medicine and doesn't undermine it. 
Safety first