As expected, the Senate Finance Committee approved an Economic Stimulus measure yesterday – which now goes to the full Senate.
The Senate bill reduces the rebates to $500 and $1,000, but includes senior citizens collecting Social Security and disabled veterans and doubles the income limitations to $150,000 for singles and $300,000 for joint filers. It also goes further than the House version by attempting to bar illegal immigrants from receiving rebates - recipients and their spouses and children must have valid Social Security numbers to qualify.
The Senate bill reduces the rebates to $500 and $1,000, but includes senior citizens collecting Social Security and disabled veterans and doubles the income limitations to $150,000 for singles and $300,000 for joint filers. It also goes further than the House version by attempting to bar illegal immigrants from receiving rebates - recipients and their spouses and children must have valid Social Security numbers to qualify.
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