Lincoln Notes Benefits for Veterans in Stimulus Package - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock, AR

Lincoln Notes Benefits for Veterans in Stimulus Package

LITTLE ROCK, AR - Arkansas Senator Blanche Lincoln says the economic stimulus package signed today by President Bush could have helped more people.  But Lincoln says she took pride that the bill included her amendment to qualify 250,000 veterans for the tax rebates.

Lincoln says that she had pushed the Finance Committee to add her amendment to the stimulus bill to allow disability income from the Veterans Administration to qualify for the rebate.

Checks could go out as soon as May for $600 for individual taxpayers and $1,200 for joint tax filers.  The IRS will add an additional $300 per child.  People earning at least $3,000 and those who owe little or no taxes would get $300 for singles, $600 for couples.  Those making more than $75,000 and couples with income exceeding $150,000 are to get smaller rebates, $50 less per $1,000 they make over those thresholds.

The package also includes seniors living on Social Security and veterans whose sole income is their disability checks, the group Lincoln sought to include.

The package also will give business tax breaks for investments in new equipment and new plants.

(The Associated Press contributed to this report.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Rifle raffle nixed at Batesville school

    Rifle raffle nixed at Batesville school

    Tuesday, February 20 2018 1:20 PM EST2018-02-20 18:20:59 GMT
    Tuesday, February 20 2018 2:29 PM EST2018-02-20 19:29:06 GMT
    (Source: KAIT)(Source: KAIT)

    Officials have pulled the plug on a raffle for an AR-15 at a local high school.

    Officials have pulled the plug on a raffle for an AR-15 at a local high school.

  • School board member arrested for computer fraud

    School board member arrested for computer fraud

    Tuesday, February 20 2018 12:13 PM EST2018-02-20 17:13:00 GMT
    Tuesday, February 20 2018 12:37 PM EST2018-02-20 17:37:51 GMT
    Charles Russell Lane was arrested Friday in Mississippi County on an out-of-state warrant. (Source: Mississippi Co Sheriff's Office via Vinelink)Charles Russell Lane was arrested Friday in Mississippi County on an out-of-state warrant. (Source: Mississippi Co Sheriff's Office via Vinelink)

    A Mississippi County school board member faces fraud charges in Mississippi state.

    A Mississippi County school board member faces fraud charges in Mississippi state.

  • Oh deer!: Buck crashes into college dorm

    Oh deer!: Buck crashes into college dorm

    Tuesday, February 20 2018 9:03 AM EST2018-02-20 14:03:31 GMT
    Tuesday, February 20 2018 9:54 AM EST2018-02-20 14:54:05 GMT

    Wildlife got a little too close for comfort on a local college campus.

    Wildlife got a little too close for comfort on a local college campus.

Powered by Frankly