From the Missoulian: "Proposed tax rebates of up to $800 per person won't go out until at least early summer, even though the economy would benefit more if the money reached pocketbooks sooner, lawmakers learned Tuesday."
Peter Orszag, Director of the Congressional Budget Office (CBO), testified before the Senate Finance Committee yesterday at the "Strengthening America's Economy: Stimulus That Makes Sense" hearing. The prepared statements of Mr. Orszag, Senator Baucus, and Senator Grassley are posted on the hearing webpage.
Additional information on the current budget and economic outlook is available on the CBO website.
Source: Straub, N. (23 Jan. 2008). "Congress debates tax rebate." Missoulian. A1.
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