The huge $787 billion stimulus package that was passed by Congress and signed into law by President Obama, does not give the Average Joe much relief. Although it is one of the largest packages that Congress has ever ratified, most people will only benefit about$15.00 per week.

There are several categories of people who will see more tax relief. Those include the unemployed and people in the telecommunications and energy-efficiency industries. In addition, first-time homebuyers and people who are making 'green' improvements to their existing residences will have some benefits.

However, the "Make Work Pay" credit only provides $400.00 for single taxpayers and $800.00 for those with joint returns. This is where the $15.00 relief comes into play. People will see a reduction in the taxes that are taken out of their paycheck every week. However, to qualify, you can't make over $75,000 or $150,000.00.

Now, what are people going to do with an extra $15.00 per week? It certainly won't go very far. You won't be able to buy a new TV or computer. In fact, many people just may not notice it at all with expenses continually on the rise.

People who find themselves on a fixed income, such as social security or disability will not even get that. They will get a check for $250.00. This payment will not do much to help them keep up with their bills.

You may wonder how much this entire plan cost. Well, for the small price of $116 billion, this is the plan that Obama came up with. Unfortunately, it does nothing to help people get back to work; nor, does it give employers any incentive to hire more people.
Bryan Hendersen

For tips and facts about how you can benefit from Obama's Home Stimulus Plan - or to find out if you qualify, visit our no nonsense home stimulus guide: http://ObamasStimulusPackage.net

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For tips and facts about how you can benefit from Obama's Home Stimulus Plan - or to find out if you qualify, visit our no nonsense home stimulus guide: http://ObamasStimulusPackage.net

Author: Bryan Hendersen