An Analysis Of The Rebate Proposal In The Announced Stimulus Deal

Source: Aviva Aron-Dine, Center on Budget and Policy Priorities, January 25, 2008

The centerpiece of the stimulus deal announced yesterday by House Speaker Nancy Pelosi, House Minority Leader John Boehner, and Treasury Secretary Henry Paulson is a proposal to send rebate checks to 117 million U.S. households.

The structure of the proposed rebate, while not ideal from a stimulus standpoint, is far superior to the structure of the rebate proposal that the Administration developed last week. Where the President’s proposal would have left out approximately 26 million low- and moderate-income working households, the rebate proposal included in the compromise package would reach almost all of these households.

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Dispelling Confusion On Food Stamps, Tax Rebates, And The Stimulus Package: Speaker’s Statement on Food Stamps at National Press Club Was Mistaken

Source: Robert Greenstein, Center on Budget and Policy Priorities, January 26, 2008

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