On Saturday, millions of Americans began to receive their rebate checks from the IRS. In the coming weeks, nearly 100 million taxpayers will receive rebates totaling nearly $40 billion.
Paul Beckner, president of Citizens for a Sound Economy, issued the following statement regarding these rebates and their importance:
"The Treasury Department has begun sending out tax rebate checks to millions of hardworking American taxpayers. This much needed tax rebate is due to President Bush’s tax relief plan, which passed Congress a few weeks ago.