An Analysis of the Rebate Proposal in the Announced Stimulus Deal
Publication Date: January 2008
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Aviva Aron-Dine
Research Area: Banking and finance; Economics
Type: Report
Abstract:
The structure of the proposed rebate, while not ideal from a stimulus standpoint, is far superior to the structure of the rebate proposal that the Administration developed last week. Where the President’s proposal would have left out approximately 26 million low- and moderate-income working households, the rebate proposal included in the compromise package would reach almost all of these households.
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