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Understanding the ‘stimulus bill’

by admin on February 24, 2009


Now that the so-called “economic stimulus package” has been signed, sealed and delivered, you’re probably wondering how it will work.

Well, here’s the theory behind it.

The government is going to hand out to select businesses, individuals, organizations and states about $800 billion over the next few years.

Question: Where does Washington get the money?

Answer: It gets it from you.

Get Chitika eMiniMalls

Question: You mean the government is giving back our own money?

Answer: Not exactly. That would be a tax cut or tax rebate.

Question: So where does the money come from?

(Column continues below)

via Understanding the ‘stimulus bill’.

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