Devoted to Managers and those that seek to improve their management skills

After a week of negotiations and some give-and-take, Congress passed an economic stimulus plan Thursday, which President Bush has given the nod to signing.

The plan, which costs $168 billion, attempts to bring relief across the board in an effort the jumpstart the economy.

Bush extolled the final version of the bill saying it was "robust, broad-based, timely, and it will be effective."

Overall the tax rebates will go to about 137 million people, and the first checks will go out in the early part of May, according to Treasury Secretary Henry Paulson. He added that all payments should be out by the summer.

Major aspects of the final bill:

Single Filers

For those filing single tax returns, a rebate of up to $600 will be made if they're making less than $75,000.

Couples

For couples, they'll receive up to $1,200 in rebates if they jointly make less than $150,000.

Parents

Parents will receive an additional $300 rebate for each child.

Those not paying taxes

For those who won't owe any taxes this year, if they make a minimum of $3,000, they will get a $300 rebate.

Find out what you qualify for here.
 
Related to Business

Small business will get some short-term tax breaks, while big businesses will be able have a 50 percent deduction from assets they acquire and make use of this year.

Housing

Loans purchased by Freddie Mac (NYSE:FRE) and Fannie Mae (NYSE:FNM) have been increased in size from $417,000 to close to $730,000.

Federal Housing Administration (FHA) loan sizes has also been increased.