How the stimulus package works.

[kenmac]

Actually, they are loaning us somebody else's money which your grandchildren will be paying on.

yep. I know. so much for a balanced budget. This two party system needs to go the way of the unicorn

 

[Steppenwolfe]

yep. I know. so much for a balanced budget. This two party system needs to go the way of the unicorn

That would be a start. There is no accountability; it's too easy to spend money that isn't yours... And that you don't have to pay back.

 

[3Ts]

It's OPM! Other People's Money, There are many examples through out the world as well as in our own communities as to what happens when it's OPM. I don't know of a single case where it turned out well. It starts off with good intentions, but normally within a generation it goes bad.

 

[oosik]

I will believe it when/if a stimulus check clears my bank.

 

[fried1765]

That would be a start. There is no accountability; it's too easy to spend money that isn't yours... And that you don't have to pay back.

Not to worry.......
Printing MORE dollars,.... and the inflation to follow..... will readily solve the problem!

 

[fried1765]

I will believe it when/if a stimulus check clears my bank.

Nuttin here yet either!

 

[MikePA]

Nuttin here yet either!

For decades, I have always adjusted my withholding so I had to pay when I filed my federal and state taxes. I cannot recall the last time I got a refund, probably when I was a teenager or in college. Therefore, I had to provide my routing and account information where they could deduct what I owed. I assumed (bad word) the IRS would know where to deposit the stimulus money.

When my daughter reported she received hers, I thought I'd check my status. Guess what, I found out they did not have my account information. They knew where to deduct what I owed, but were not going to use this same information to make a deposit. So, I had to provide this information.

Just an FYI - If you have not received your payment, go to the IRS.gov and confirm they have your information.

 

[ruffdog]

Nuttin here yet either!

Me neither.

 

[Jstpssng]

For decades, I have always adjusted my withholding so I had to pay when I filed my federal and state taxes. I cannot recall the last time I got a refund, probably when I was a teenager or in college. Therefore, I had to provide my routing and account information where they could deduct what I owed. I assumed (bad word) the IRS would know where to deposit the stimulus money.

When my daughter reported she received hers, I thought I'd check my status. Guess what, I found out they did not have my account information. They knew where to deduct what I owed, but were not going to use this same information to make a deposit. So, I had to provide this information.

Just an FYI - If you have not received your payment, go to the IRS.gov and confirm they have your information.

I have always tried to keep my refund to a minimum. For the past 15 years that has been easy, the personal use of my company vehicle is considered a taxable benefit.Still, I’ve always paid with a check so they don’t have any digital info.
I went online last week and they can’t even tell me if I’m going to get a check. No big deal if I don’t...

 

[3gunr]

My wife and i are both self employed small business owners and have been told by several banks they cant help us. my brother and i ARE PARTNERS IN A REMODELING BUSINESS AND CANT GO IN POEPLES HOMES TO WORK'. AND THEY TELL US SORRY. YET IT SEEMS ALOT OF RICH POEPLE ARE HAVING N O TROUBLE GETTING MONEY.