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How The Stimulus Bill Can Help Your Wallet

How The Stimulus Bill Can Help Your Wallet

The stimulus bill could directly impact your wallet.


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The Senate and House versions of the stimulus bill have a difference of 18 billion dollars, but it is the Senate version that money watchers are paying attention to. That's because the Senate needs the support of Republicans to get it passed. Here are just a few ways the Senate version could put money in your wallet:

The bill provides a $500 credit per worker as long as you make $70,000 or less.

It offers a one time payment of $300 for seniors and others who can't work.

It also doubles the size of an existing home buyer credit to $15,000 and you would no longer have to pay it back.

College students would be offered a $2,500 credit for education.

For more ways the bill could help you financially, click here.

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