Today we have a new economic stimulus plan revealed.

The $150 Billion dollar package consists of:

• $300 to $1200 dollar one time June tax rebate - for anyone who earned at least $3000.00 in W2 type wages. Nothing mentioned about temporary 1099-misc. workers or small business owners who are hit the hardest often in a recession and cannot collect unemployment insurance
• Allows Fannie Mae/Fannie Mac to buy out up to $626,000 dollar mortgages temporarily up for $416,000
• Large businesses can take a 50% additional tax exemption on new capital expenditures