Rebate Effect on Economy

It's nice to know the check will be in the mail, but how much will those government rebate checks really do to kick-start the economy?

Under legislation being signed by President Bush Wednesday, millions of individuals and couples will be getting checks of anywhere from $300 to $1,200, and even more for families with kids. The checks will start going out in May.

Analysts figure the overall $168-billion stimulus plan will probably keep the downturn from mushrooming into a crisis, but consumers may not be spreading the cash around as much as hoped.

Fewer than two in ten of the people surveyed for an Associated Press-Ipsos poll say they plan to spend their checks. Three in ten plan to invest the money and nearly half plan to use it to pay bills. is happy to provide a forum for commenting and discussion. Please respect and abide by the house rules:

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