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Boustany Applauds Economic Stimulus as Boost to Families across Southwest Louisiana

Feb 13 2008
 
Washington, D.C.– U.S. Representative Charles W. Boustany, Jr., (R-Southwest Louisiana), today praised the bi-partisan economic stimulus as the President signed the important legislation into law.
 
“Almost two million people in Louisiana will benefit from these tax-rebate checks, boosting local spending and keeping our economy in Southwest Louisiana growing,” Boustany said. “I am glad to have worked on this important legislation that will spur our national economy and help our area small businesses.”
 
The temporary economic growth plan passed by Congress includes rebates of $300 to $1,200 for 117 million American families, as well as $50 billion in tax relief for small businesses. 1.9 million people in Louisiana will receive a tax rebate under the bill, which passed the House of Representatives with a vote of 385-35.
 
Tax-rebate checks will be delivered beginning in May. Individuals are eligible for rebates of up to $600 and couples are eligible for up to $1,200. In addition, families who qualify will receive rebates of $300 per child. Individuals making up to $75,000 adjusted gross income and couples making up to $150,000 are eligible.
 
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