Recovery Rebates and Economic Stimulus for the American People Congress completed action on, and the White House signed, bipartisan economic stimulus legislation (H.R. 5140) to help hardworking Americans who are struggling with the high costs of gas, health care and groceries, and to jumpstart our slowing economy and create jobs here at home. It will:
Getting this bipartisan bill done quickly provides unprecedented tax relief for working Americans and will inject confidence and consumer demand into the economy, promote economic growth, and create jobs. We will take additional action to help American workers and help our economy recover and grow. Learn More About the Recovery Rebates and Economic Stimulus Act Broad Tax Rebates for Individuals ($107 billion in 2008 & $117 billion over 10 years)
Jumpstarting the Economy
Helping Families Avoid Foreclosure
Encouraging Business Investment ($44 billion in 2008, $7.5 billion over 10 years)
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