When LibertySugar told you that an agreement had been reached for a proposed economic stimulus package, you all responded with several questions about when and how much. Before we get in to the details on this, I just want to remind you that the deal has not yet been sealed. The Senate needs to pass the bill and President Bush would then have to give it a final sign-off. So, don't go out spending money that you think may be coming your way, okay?
The general buzz is that checks should be on their way sometime in May, but the IRS is so strained with tax season that the checks may be pushed back for a few months. The peak filing season usually ends in the final days of May, and in order to calculate rebates the agency needs information from the 2007 returns like who is married and who has dependent children.