Comments on: Senate Amendment to 2009 Stimulus Bill: $15,000 Tax Credit for Homebuyers http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sat, 21 Nov 2009 16:42:00 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Andy http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-198758 Andy Wed, 30 Sep 2009 20:48:28 +0000 http://www.consumerismcommentary.com/?p=5256#comment-198758 Looks like the credit could be extended to 2010 and bumped back up to 15K? Housing inflation, here we come. Looks like the credit could be extended to 2010 and bumped back up to 15K? Housing inflation, here we come.

]]> By: shannon http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-195953 shannon Tue, 21 Jul 2009 15:32:42 +0000 http://www.consumerismcommentary.com/?p=5256#comment-195953 Question......My husband is military and we bought a house at our current base 4 months ago. My husband just received orders to Korea and will be leaving in 4 months for a year. I will stay in our new house while he is gone but there is a good chance he will receive follow on orders after that to a different base and we will have to sell our house. But at this point it's all up in the air. We are first time homebuyers and are worried if we claim the $8000 tax credit and do get orders to move in a year or two that we will be forced to repay it. So my question is do you have to repay the credit if you get military orders before you've lived in the house for 3 years? We have no control of this. Question……My husband is military and we bought a house at our current base 4 months ago. My husband just received orders to Korea and will be leaving in 4 months for a year. I will stay in our new house while he is gone but there is a good chance he will receive follow on orders after that to a different base and we will have to sell our house. But at this point it’s all up in the air. We are first time homebuyers and are worried if we claim the $8000 tax credit and do get orders to move in a year or two that we will be forced to repay it. So my question is do you have to repay the credit if you get military orders before you’ve lived in the house for 3 years? We have no control of this.

]]> By: Flexo http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-190152 Flexo Wed, 11 Mar 2009 19:19:35 +0000 http://www.consumerismcommentary.com/?p=5256#comment-190152 "Another thing, Democrats believe in making sure EVERYONE gets the same thing. Including pay." No elected politician in this country, Democrat or Republican, believes that everyone should receive the same pay. “Another thing, Democrats believe in making sure EVERYONE gets the same thing. Including pay.”

No elected politician in this country, Democrat or Republican, believes that everyone should receive the same pay.

]]> By: Matt http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-190151 Matt Wed, 11 Mar 2009 19:11:20 +0000 http://www.consumerismcommentary.com/?p=5256#comment-190151 JKing, Aside from all your so called "Fancy" rhetoric, your comment doesn't make any sense-AT ALL!!! Were you comparing Republicans to Nazi's? I hope not! Democrats, if you know anything about history, are more like the socialists than the Republicans. Now I am far from thinking Democrats are Nazi Socialists, I am simply fixing your mistake. Also, is it simply the Republicans fault? Who ran Congress the last four years? I believe it was the Democrats. Another thing, Democrats believe in making sure EVERYONE gets the same thing. Including pay. Where is the hard work and competition that America was built on in that attitude? That's what the communist and socialists did and look where it got them. Yes, some reforms need to be made; just as America has done throughout its time, but please don't call the Democrats point of view a harder working one. HAHA! A free market creates that hard work and strong economy. An example of your "hard-working" democrats approach would be the union's up in Detroit. Lazy workers making more than they earn. Killed the auto business here in America. Not all union's hurt themselves this way. The skilled laborers actually WORKED HARD to get there trade and earn their money. I could go on and on. But hopefully you get the point. So, JKing, you are a talented writer,I'll give you that. However, leave the politics to someone else. You will do yourself a favor. JKing,
Aside from all your so called “Fancy” rhetoric, your comment doesn’t make any sense-AT ALL!!! Were you comparing Republicans to Nazi’s? I hope not! Democrats, if you know anything about history, are more like the socialists than the Republicans. Now I am far from thinking Democrats are Nazi Socialists, I am simply fixing your mistake. Also, is it simply the Republicans fault? Who ran Congress the last four years? I believe it was the Democrats. Another thing, Democrats believe in making sure EVERYONE gets the same thing. Including pay. Where is the hard work and competition that America was built on in that attitude? That’s what the communist and socialists did and look where it got them. Yes, some reforms need to be made; just as America has done throughout its time, but please don’t call the Democrats point of view a harder working one. HAHA! A free market creates that hard work and strong economy. An example of your “hard-working” democrats approach would be the union’s up in Detroit. Lazy workers making more than they earn. Killed the auto business here in America. Not all union’s hurt themselves this way. The skilled laborers actually WORKED HARD to get there trade and earn their money. I could go on and on. But hopefully you get the point.

So, JKing, you are a talented writer,I’ll give you that. However, leave the politics to someone else. You will do yourself a favor.

]]> By: Coral http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188638 Coral Tue, 24 Feb 2009 04:07:47 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188638 Question.....If we buy a house this year and get the $7500 credit and then in less than 3 years have to sell because we are military and have to transfer will we have to repay it? It's not like we have a choice in that matter, I think the Senate and President should take that into consideration also. If you don't know the answer do you have a suggestion as to who I can address this question to? Question…..If we buy a house this year and get the $7500 credit and then in less than 3 years have to sell because we are military and have to transfer will we have to repay it? It’s not like we have a choice in that matter, I think the Senate and President should take that into consideration also. If you don’t know the answer do you have a suggestion as to who I can address this question to?

]]> By: Coral http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188637 Coral Tue, 24 Feb 2009 04:00:46 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188637 Here here Floyd!! Here here Floyd!!

]]> By: Chris http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188581 Chris Sat, 21 Feb 2009 17:55:12 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188581 Unfortunately, the new plan is not making any changes for any houses that were purchased last year. Since you purchased in July, you're only eligible according to the conditions of the old $7,500 recapturable credit. Unfortunately, the new plan is not making any changes for any houses that were purchased last year. Since you purchased in July, you’re only eligible according to the conditions of the old $7,500 recapturable credit.

]]> By: Molly http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188563 Molly Sat, 21 Feb 2009 00:43:40 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188563 I have a question. In July 2008 I bought a condo from my grandmother. I am a first-time home buyer. I pay a monthly morgage paymen to the bank. I paid fair market value. Under the old credit I was inelligible because I purchased from my grandmother. I can't find any updated information on this. Would I be elligible under the new plan? I have a question. In July 2008 I bought a condo from my grandmother. I am a first-time home buyer. I pay a monthly morgage paymen to the bank. I paid fair market value. Under the old credit I was inelligible because I purchased from my grandmother. I can’t find any updated information on this. Would I be elligible under the new plan?

]]> By: Chris http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188517 Chris Thu, 19 Feb 2009 23:37:22 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188517 Yes, as long as you close on the house before 12-31-09, you'll qualify for the full 8k tax credit... Provided, that is, that you meet the income qualifications, as well... Yes, as long as you close on the house before 12-31-09, you’ll qualify for the full 8k tax credit… Provided, that is, that you meet the income qualifications, as well…

]]> By: walt http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188516 walt Thu, 19 Feb 2009 23:11:13 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188516 How about if you are a first time home buyer, but we are building our first home. We started in Dec of 08 and will be complete in Jun of 09. We still have not completely closed on the loan yet. Would we be able to recieve the tax rebate? How about if you are a first time home buyer, but we are building our first home. We started in Dec of 08 and will be complete in Jun of 09. We still have not completely closed on the loan yet. Would we be able to recieve the tax rebate?

]]> By: Jesse http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188444 Jesse Wed, 18 Feb 2009 04:19:34 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188444 I have read somewhere that there may be a possibility that if the home purchase was timed right a First time home buyer could take advantage of both last years $7500 tax credit that has to be paid back and also the new bill that would entitle them to an $8000 tax credit (that doesnt have to be paid back). Can anyone elaborate on the possibility of this being able to happen?? Is there a clause somewhere that states you cannot take advantage of both on the same home purchase?? When the new bill passed did it remove the old 7500 tax credit?? I ask these things because I have an offer out on a house and the purchase date may fall in an area that was still covered by the 7500 tax credit from last year, but also the new $8000 one. -Thanks for any information I have read somewhere that there may be a possibility that if the home purchase was timed right a First time home buyer could take advantage of both last years $7500 tax credit that has to be paid back and also the new bill that would entitle them to an $8000 tax credit (that doesnt have to be paid back). Can anyone elaborate on the possibility of this being able to happen?? Is there a clause somewhere that states you cannot take advantage of both on the same home purchase?? When the new bill passed did it remove the old 7500 tax credit?? I ask these things because I have an offer out on a house and the purchase date may fall in an area that was still covered by the 7500 tax credit from last year, but also the new $8000 one. -Thanks for any information

]]> By: James http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188363 James Sun, 15 Feb 2009 22:42:53 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188363 I totally agree, my wife and I bought our house on October 17th 2006 for $120,000 at 6.5%. Our credit is outstanding. We have never been late on a single payment. We now have a child (three months), trying to live the "American Dream". Really, we should see some kind of break. -James I totally agree, my wife and I bought our house on October 17th 2006 for $120,000 at 6.5%. Our credit is outstanding. We have never been late on a single payment. We now have a child (three months), trying to live the “American Dream”. Really, we should see some kind of break. -James

]]> By: John http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188312 John Fri, 13 Feb 2009 23:57:58 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188312 Does anyone know if there still exists AGI limitations and phase outs like there were for the original $7,500? I have not been able to find anything on this. I may have missed that in previous comments because I just skimmed through. Does anyone know if there still exists AGI limitations and phase outs like there were for the original $7,500? I have not been able to find anything on this. I may have missed that in previous comments because I just skimmed through.

]]> By: JKing http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188311 JKing Fri, 13 Feb 2009 23:46:51 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188311 Dear Democrats, thank you for caring for Americans, and out-vote those hate-ridden republicans. We will mobilize to vote these characters out of our offices. The next round, except for those that came in to support this bill, our aim should be to fire every republican official out. While Americans are starving and their livelihoods are disappearing by the day, these clowns are being paid with our tax money and simply playing bribery, favoritism for their high rollers buddies and hate-politics all day. We American are people of strength, pride and good moral standing who believe in decency and care for all; we are not Nazis and hate-filled, twisted losers and this, we will never be. We believe in God, fairness and opportunity to all. We voted for Obama to get rid of these evil nuisances from our Government. And now we see, we still have some cancerous elements remaining. We shall vote all these bad elements out. We are also taking good notice of those democrats dressed in wolves’ cloths, who are clearly on those egoistic shit-heads' side. Dear republican clowns, there is time for everyone and you'll get yours soon. You cannot simply keep making mockery of the citizens that pay your salaries. Keep your hateful and fear-ridden policies to yourself and better start packing to leave. This world will be for all people, not just for the thieves, the selfish rich and for the so-called privileged; it's for all people get it – all people. We will work hard to make sure America stays, as the best country in the world there is through our hard work, sweat, unity and care for all, not hate and playing the boogie fat man. We promise you one thing, we will vote you out. Dear Democrats, thank you for caring for Americans, and out-vote those hate-ridden republicans. We will mobilize to vote these characters out of our offices. The next round, except for those that came in to support this bill, our aim should be to fire every republican official out. While Americans are starving and their livelihoods are disappearing by the day, these clowns are being paid with our tax money and simply playing bribery, favoritism for their high rollers buddies and hate-politics all day. We American are people of strength, pride and good moral standing who believe in decency and care for all; we are not Nazis and hate-filled, twisted losers and this, we will never be. We believe in God, fairness and opportunity to all.

We voted for Obama to get rid of these evil nuisances from our Government. And now we see, we still have some cancerous elements remaining. We shall vote all these bad elements out. We are also taking good notice of those democrats dressed in wolves’ cloths, who are clearly on those egoistic shit-heads’ side. Dear republican clowns, there is time for everyone and you’ll get yours soon. You cannot simply keep making mockery of the citizens that pay your salaries. Keep your hateful and fear-ridden policies to yourself and better start packing to leave. This world will be for all people, not just for the thieves, the selfish rich and for the so-called privileged; it’s for all people get it – all people. We will work hard to make sure America stays, as the best country in the world there is through our hard work, sweat, unity and care for all, not hate and playing the boogie fat man. We promise you one thing, we will vote you out.

]]> By: Josh http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188260 Josh Thu, 12 Feb 2009 17:37:44 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188260 I would encourage you all to write your Senators, Congressmen,and the President regarding this item. Of all things in the stimulus bill this could help the most. The housing market is what got us into this mess! I would encourage you all to write your Senators, Congressmen,and the President regarding this item. Of all things in the stimulus bill this could help the most. The housing market is what got us into this mess!

]]> By: linda http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188257 linda Thu, 12 Feb 2009 17:24:56 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188257 If the goverment really wanted to stimulate the economy, the credit would be for everyone . The extra cash would help to get all people off of the sidelines. AND If they were interested in keeping this country from going bankrupt they would have kept it a loan, not a handout. Going from a 7500 loan to a 8000 handout helps how many more? The loan helped you into the fixer upper. The handout buys a select few the trinkets that they do not need. Paying back a loan at 500 per year over 15 years is not a hardship. It is what responsible taxpayers do. Does anyone think things out anymore? I wish folks would vote seriously and not just for the most entertaining clown. If the goverment really wanted to stimulate the economy, the credit would be for everyone . The extra cash would help to get all people off of the sidelines. AND
If they were interested in keeping this country from going bankrupt they would have kept it a loan, not a handout.
Going from a 7500 loan to a 8000 handout helps how many more?
The loan helped you into the fixer upper. The handout buys a select few the trinkets that they do not need.
Paying back a loan at 500 per year over 15 years is not a hardship.
It is what responsible taxpayers do.
Does anyone think things out anymore?
I wish folks would vote seriously and not just for the most entertaining clown.

]]> By: aaron http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188255 aaron Thu, 12 Feb 2009 17:16:48 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188255 so if i bought my house last may i will get the money but still have to pay it back? you only get waived on the payback if it was purchased this year? so if i bought my house last may i will get the money but still have to pay it back? you only get waived on the payback if it was purchased this year?

]]> By: Eff http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188254 Eff Thu, 12 Feb 2009 16:36:26 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188254 LA Tmes By Noam N. Levey February 12, 2009 Home-buyers and homeowners First-time home-buyers could qualify for an $8,000 tax credit. The credit is slightly larger than the $7,500 credit in existing law, but it is substantially less than a proposal in the Senate bill that would have boosted the credit to $15,000 and broadened the eligibility. In addition, the compromise bill waives a requirement that the tax credit be repaid. The credit applies only to homes bought between Jan. 1 and Aug. 31 of this year. Homeowners who install new doors, windows or furnaces to make their home more energy efficient would be able to get as much as $1,500 back through new tax breaks. LA Tmes
By Noam N. Levey
February 12, 2009

Home-buyers and homeowners

First-time home-buyers could qualify for an $8,000 tax credit.

The credit is slightly larger than the $7,500 credit in existing law, but it is substantially less than a proposal in the Senate bill that would have boosted the credit to $15,000 and broadened the eligibility.

In addition, the compromise bill waives a requirement that the tax credit be repaid. The credit applies only to homes bought between Jan. 1 and Aug. 31 of this year.

Homeowners who install new doors, windows or furnaces to make their home more energy efficient would be able to get as much as $1,500 back through new tax breaks.

]]> By: Flexo http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188251 Flexo Thu, 12 Feb 2009 16:18:26 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188251 Aaron: As of now, yes, the $7,500 credit still stands and will probably be expanded. There's still a House/Senate debate before the bill is presented to the President, and things can still change. Aaron: As of now, yes, the $7,500 credit still stands and will probably be expanded. There’s still a House/Senate debate before the bill is presented to the President, and things can still change.

]]> By: aaron http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188250 aaron Thu, 12 Feb 2009 16:14:22 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188250 So just the new 15,000 is out....if i have already filled my taxes and been told im receiving the 7500 i should still be ok? So just the new 15,000 is out….if i have already filled my taxes and been told im receiving the 7500 i should still be ok?

]]> By: Eff http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188230 Eff Thu, 12 Feb 2009 01:20:45 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188230 SandraKay, Anything and everything I have heard about a 4% rate is that it's only for new loans and not for refinancing. SandraKay,

Anything and everything I have heard about a 4% rate is that it’s only for new loans and not for refinancing.

]]> By: Flexo http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188225 Flexo Thu, 12 Feb 2009 00:12:19 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188225 SandraKay: You're right, as of right now, it sounds like the $15,000 tax credit idea is dead in the water after compromise between House and Senate. SandraKay: You’re right, as of right now, it sounds like the $15,000 tax credit idea is dead in the water after compromise between House and Senate.

]]> By: SandraKay http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188224 SandraKay Thu, 12 Feb 2009 00:11:19 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188224 I found this from the AP yesterday... Homebuyer tax credit: The Senate provides $35.5 billion for a $15,000 tax credit for purchasers of homes bought in the year after the bill takes effect. The House includes $2.6 billion and limits its smaller $7,500 credit to first-time homebuyers for homes purchased from Jan. 1, 2009, to July 1, 2009, and phases out the credit for couples making more than $150,000. Sounds to me like it takes effect after the stimulus is signed. I'd be surprised if they did anything but. They want to "stimulate", not give money to people who were going to buy anyway. FYI, I say that begrudingly, we're closing on a house next week in LA. I'd say it's a gamble if the 15000 is even an issue anymore, sounds like a lot of the tax cuts are out. I'm moving on and seeing what they come up with for the 4 percent fixed interest rates in the next 6 months. I found this from the AP yesterday…

Homebuyer tax credit: The Senate provides $35.5 billion for a $15,000 tax credit for purchasers of homes bought in the year after the bill takes effect. The House includes $2.6 billion and limits its smaller $7,500 credit to first-time homebuyers for homes purchased from Jan. 1, 2009, to July 1, 2009, and phases out the credit for couples making more than $150,000.

Sounds to me like it takes effect after the stimulus is signed. I’d be surprised if they did anything but. They want to “stimulate”, not give money to people who were going to buy anyway. FYI, I say that begrudingly, we’re closing on a house next week in LA. I’d say it’s a gamble if the 15000 is even an issue anymore, sounds like a lot of the tax cuts are out. I’m moving on and seeing what they come up with for the 4 percent fixed interest rates in the next 6 months.

]]> By: Pete Miller http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188162 Pete Miller Wed, 11 Feb 2009 06:46:20 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188162 Here is some disheartening news. The added Senate breaks include a $15,000 homebuyer tax credit that has proven more costly than first advertised and could very well be dropped as part of the effort to scale back the package. I have also heard this from an email I received from Ken Gear at www.fixhousingfirst.com today... "There is a strong push to eliminate or drastically scale back the home buyer tax credit. Several newspapers have editorialized against it and a number of interest groups have voiced their opposition". This isnt looking very good at all. http://www.politico.com/news/stories/0209/18700_Page2.html Here is some disheartening news.

The added Senate breaks include a $15,000 homebuyer tax credit that has proven more costly than first advertised and could very well be dropped as part of the effort to scale back the package.

I have also heard this from an email I received from Ken Gear at http://www.fixhousingfirst.com today…

“There is a strong push to eliminate or drastically scale back the home buyer tax credit. Several newspapers have editorialized against it and a number of interest groups have voiced their opposition”.

This isnt looking very good at all.

http://www.politico.com/news/stories/0209/18700_Page2.html

]]> By: Hjoy http://www.consumerismcommentary.com/2009/02/05/senate-amendment-to-2009-stimulus-bill-15000-credit-for-homebuyers/#comment-188161 Hjoy Wed, 11 Feb 2009 06:12:48 +0000 http://www.consumerismcommentary.com/?p=5256#comment-188161 Does anyone else realize that the "credit that you are going to recieve is only "theoretical money"? Just like all of the money that is going to "pay" for the new "stimulus plan"? This is ridiculous! Nothing is backed, we are in debt as a nation up to our eyeballs.... and who is going to pay for it? Those of us who are hard-working responsible citizens of this "nation under God". What a freaking joke. Does anyone else realize that the “credit that you are going to recieve is only “theoretical money”? Just like all of the money that is going to “pay” for the new “stimulus plan”? This is ridiculous! Nothing is backed, we are in debt as a nation up to our eyeballs…. and who is going to pay for it? Those of us who are hard-working responsible citizens of this “nation under God”. What a freaking joke.

]]>