Thread: Which Economy is the Stimulus Bill Stimulating?

Which Economy is the Stimulus Bill Stimulating?
Posted by Bobby Eberle
January 31, 2008 at 7:26 am

With little debate in the U.S. House of Representatives, a bill was passed to "stimulate" the economy. Nevermind the fact that jobs continued to be created in January and that the so-called stimulus package simply shifts money from one taxpayer group to the other (not a conservative position), but there is another glaring problem with the bill.

As it turns out, you don't even need to be an American citizen to get a rebate from the American taxpayer. Because of the wording in the House bill and the way it was rushed to a vote without amendment, illegal aliens could also be getting checks sent to them compliments of Uncle Sam.


As noted in a story by FOX News, once the bill was passed, "A mini-brushfire broke out in the Capitol Wednesday as members realized that the decision to refund tax payments to ITIN holders meant illegal immigrants could possibly benefit."

Members of the Senate Finance Committee passed a bill Wednesday they say will fix a loophole in the House-passed economic stimulus package that allows some illegal immigrants to qualify for tax rebate checks.

The fix requires that anyone eligible for a rebate envisioned in a House-passed $161 billion stimulus package must have to have a valid Social Security number, rather than an Individual Tax Identification Number.

Rep. Tom Tancredo, the Colorado congressman says:

“This package will stimulate one thing for certain: more illegal immigration,â€

I keep thinking our economy might not need stimulation at all if billions weren't sent out every year.........

If you're truly interested in dealing with the slowdown of the economy, the Senate ought to accept the House package, pass it, and get it to my desk as soon as possible," the president said. "The sooner you get a check the more likely it is the stimulus package will kick in and make a difference."

If illegals receive a rebate check, that money will go directly to Mexico and not help our economy in the least. Our leaders lack good old common sense.

Is this rebate taxable on next year's income tax?
If so it could push people into a higher bracket.