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Seniors to receive $250 stimulus check in May - Oh Happy Day
 An estimated 50 million Social Security recipients will receive their one-time $250 economic stimulus check in May several weeks ahead of schedule, Vice President Joe Biden announced Thursday.Biden also announced the distribution of $3.2 billion in new funding for state and local energy efficiency programs from the Department of Energy. The checks to Social Security recipients, worth a total of $13 billion, will make a big difference in the lives of older Americans and people with disabilities - many of whom have been hit especially hard by the economic crisis that has swept across the country, Biden said in a written statement. The energy efficiency funds will come in the form of formula grants for projects that reduce total energy use and fossil fuel emissions, according to a separate White House statement. Local leaders will have the flexibility in how they put these (energy efficiency) resources to work - but we will hold them accountable for making the investments quickly and wisely to spur the local economy and cut energy use, Biden said. Biden, who made the announcement at a meeting with several cabinet and other senior White House officials, is the administrations point man in overseeing the distribution of the $787 billion stimulus plan. He is being assisted by former Interior Department Inspector General Earl Devaney, who has been tapped to head a new Recovery Act Transparency and Accountability Board. Posted by: GolfBravoUSMC 2009-03-26 |
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