Will There Be A Stimulus Check In 2012?

by Mike Holman

Worldwide economic recession is happening and it is hurting a lot of businesses because of cost-cutting. In the United States of America, there have been talks about giving out stimulus checks to help the economy.  Many people are wondering if there be a stimulus check in 2012?

Stimulus check definition

According to experts a stimulus check is defined as a check that the U.S government gives to its taxpayers so that the consumers will spend the money in order to help generate sales and income in businesses like retailers, manufacturers, real estate and the like. The amount on the check depends on the income tax return filed by taxpayers. Accordingly, those who are joint taxpayers will receive twice as much as other taxpayers will receive in their stimulus check.

Will there be a stimulus check in 2013?

Why is the government doing this?

America had been hit hard by recession in 2008 and a lot people lost their jobs and businesses closed down because of poor income.  The economy was on a downward slope so a lot of people tended to avoid spending and only buy what they needed and not what they want. Certain business sectors and even real estate crashed  And the solution is to give out stimulus checks to the taxpayers to stimulate the economy.

Why does the government see this as one of the solutions?

By giving money away money, they will have more opportunity to spend and in return, it will stimulate economic growth. This is one of the attempts to help fix recession and the increasing unemployment rate.  But a point of concern is raised if the government spends too much and increase the debt load which will also bring a negative effect on the economy.

Stimulus check look-back

In 2008, stimulus checks have been given in order to help the economy in the midst of the crisis. About 120 million households were given up to $600 per person. Then in 2009, about $250 stimulus checks were sent out to select groups. During that year, the stimulus check was given to each person receiving Social Security and SSI because of the very low inflation that year.

In 2010 and 2011, there was a proposed stimulus check of about $250 million that was intended to be given in the first quarter or 2010, but it never happened.

Who can get the stimulus check?

According to reports, in 2010 and 2011, there are selected groups that are intended to be given a stimulus check. This includes people who receive Social Security or SSI.

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{ 24 comments… read them below or add one }

1 Inglentina Alexandra Ramirez

It is my understanding that people on Social Security in the State of Iowa
will be receiving a “Stimulus ” check on 2012.

Why not our State of Texas? For that matter, what about ALL the States?

Hope you can answer these questions for us.

Thank you,

2 Brenda Arnold

I would like to know when we will be getting the checks
and also are the checks going to sent to us or do we
have to sign up for them if we are already on
SSI?

3 george w.

puerto rico seniors are receiving $400 stimulis checks why not other states

4 Bev Carter

I received an email today that looked like it came from the IRS. It says I am eligible for a $284 stimulus check and it provides a link to access the form to request it. Being leery about such emails, I checked the link and it wants me to provide my social security number and other information. I figure if I am entitled to one, the government has my information from my tax return and will use that to forward any additional refunds, right?
Does anyone know if this is legit? This article says people of Social Security will receive one and I am on SS.
Thank you.

5 Skeptical

NEVER EVER GIVE OUT ANY IMPORTANT INFORMATION TO ANYONE IN AN EMAIL NEVER!!!

6 allhis

so will people in ct and on ssi will they get it and if so when and how much im jus wondering thank you…

7 annoyn

Very hopeful for the people on SSI that are in need of this “stimulus package” …but what about other people. I am not on SSI and I am working 2 part time jobs, trying to get myself ahead. I have enough time to carry myself to bed each night and start over again the next day. I don’t have fancy things, take spring breaks, own my own house… What about the hard working people that are low-middle class? By no means am I “dissing” anyone on SSI, I’m just asking, what about other people too??? I can assure my stimulus check would be reinvested, I need new clothes, to get my car fixed, pay my rent…

8 VIRGINIA SPPRAGUE

I have been reading information about social security stimulus check for $250.00 for 2012. Will the state of New Jersey be included in this stimuluscheck? iI am collecting ss for 4 years and this check will help so many people who just about pay their rent and food. I pray for the healthand well being of our wonderful country. I lived in England for 4.5 years while my husband was in air force. I and my husband were proud to be an american duringVietnamEra and in Europe after Vietnam. We loved being in England but there is nothing like our wonderful country USA .

9 minnie brunner

to whom it may concern why cant a bill be passed for social security people to recieve a stimoulis rebate in 2012 times are really hard here in america and we could sure use the 250 one time rebate so please congress consider to passing the bill we deseve to be able to surivor to in theses hard times and struggles

10 jamie

what about the familys with kids we struggle on a day to day basis to make ends meet, i have been denied food stamps and child care because i make 2 to 300 over the limit. yet taxes take just about 200 out of my pay checks so in a sence i only have 100 extra to spend on food and child care, are you guys sending it out to single parent house holds.

11 diedre creech

I would like to get up dates on the ssi stimulas payout and when

12 Merle Chrs

Wlii we get a stimulus check this year (2012)?

13 Michael Martinez

The next time there is some type of notification as to a release of a stimulus package to Social Security I would definitely like to be in the form and if at all possible if there is money from the 2010 or 2011 that I could apply for now I would really really like to imply for that now. So thank you very much and have a very very good day.
Michael Martinez

14 stacey

Is there any dates set to as if people in Iowa on SSI and disablity will be getting this stimulus check?

15 Sue

The last stimulous check that I received was in 2008 right after I began drawing ss/disability. Was I supposed to get one in 2009, 2010,2011 and of course are we getting one this year?

16 Teresa

Can a person on SAID STILL FILE FOR THE STIMULUS THAT WAS GIVEN IN 2010 AND 2011 ,I never knew they were giving us a stimulus

17 fantasia

Who do we call to find out if we are entitled to a stimulus check?

For the person with children, it you can’t afford them, you shouldn’t have had them. Did you try getting a food box? Check with local charities to so waht are available. We didn’t have children because we knew could not afford to feed them let alone give them the things that they need like clothes. We wish more people thought like my husband and I.

18 Auoroa

There was a stimulus check in 2009, but not in 2010 or 2011. Obama squashed that saying there was no cost of living increase. ha, my rent and utilities all went up as well as foor and gas.

19 Teresa

is their a stimulus check for people on social security and ssi in 2012 IEEE 2013

20 caroline augerot

iwant to know when will we be receaving this check in the mail or on our check card

21 ivy plumley

i would like to know if ssi and ssdi people are getting a stimulus check in 2012

22 theresa

I am also on ssdi. I am almost 60 years old and worked all my life.I believe everyone on ssi and ssdi should get a stimulus check. We can not make our bills the way it is and for people that keep having children in this day and age, I believe if you can not afford them dont have them!!!!!!!!!!! I know to many young people that have children and are lazy and want everything for nothing. Boy no work ethic in these young people now!!!!!! They definitely dont deserve a stimilus!!!!!!!!!!!!!!!!!!!!

23 Yolanda Mercado

I hope thay send us all those stimulus check soon and thay should give us all what we haven’t got since 2009 .so thay should send a stimulus check from 2010 and 2011 and 2012 and this year has been almost 4 years I just hope wr get something we all need it should be more then $250 do any one know if thay sending anything this year let me know im homeless right now I hopw thay do for I can get my aparment .

Soledad413

24 Bonebag

I am a single person. I have no children and am not married. How much will this stimulus cost me? I recently found out that I am not elliglble for any of these items because I earn 22,000! I have also noticed that my taxes have increased since the Bush era!

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