U.S. House passes $819 billion stimulus package

What does it mean?

The Stimulus Package is two-year packages suppose to pprovide an immediate relief to the economy crisis.

Who will benefit from the stimulus package?

Companies; the package would allow companies to use their current losses to offset tax on past profits, and file for a refund. Average workers; tax cut for workers and their families, Seniors; bonus to seniors in their Social Security income, relief to Homeowners: hit by the housing crisis, provide aid to states hardest-hit by the housing crisis to avoid a slash in services, and extend and expand Unemployment Insurance.

Will the bailout stimulus package work? 

I think it will give boost to the economy whether it will benefit the average American people or not.