John Thune: “there are two ways to stimulate the economy with a trillion dollars. One is to have the Government do it. The other is…”

“there are two ways to stimulate the economy with a trillion dollars. One is to have the Government do it. The other is to have the American people do it. We are going to spend $1 trillion. Seventy percent of our gross domestic product is in the form of consumer spending. What better way than to give consumers' dollars back into their hands and allow them to stimulate the economy. If we are going to borrow a trillion dollars from our children and grandchildren, let's at least do it in a way that helps American families. Under my amendment, if you are someone who makes under $250,000 a year, you are going to be eligible for a check in the amount of $5,143. If you are a married couple filing jointly, you are going to be eligible for a check for $10,286. Anybody who files a tax return is going to be eligible for a rebate in that amount. I think this is a way to provide real stimulus to the American economy, and I urge my colleagues to adopt this amendment.”