After a few days of tousling over a much larger package, the Senate has passed the economic stimulus bill passed by the House. There are a few differences that will be ironed out over the next few days and then the bill will be sent to the President for his signature. He’s already said he’ll sign it. Previously, the IRS said it would take them several weeks to start printing the checks because they’re in the midst of tax season, however they expect to be able to distribute the funds faster this time. Most people can expect to receive checks or direct deposits starting in May.
Most blog readers will know this, but you may want to warn elderly relatives to ignore the tax rebate scams already underway. Under no circumstances should they reveal personal information in order to get their rebates.