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Joplin, one year after
May 22 marks the one year anniversary of a deadly tornado that ripped through Joplin, Missouri, killing 161 people. Slideshow
Pelosi: 117 million families to get tax rebate
WASHINGTON |
WASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi said on Thursday 117 million families would receive a tax rebate check under a deal reached to provide stimulus to the U.S. economy.
A fact sheet released by the California Democrat said the individuals would receive tax relief of up to $600, while married couples would see help up to $1,200, plus $300 per child.
The document also said the limit on the size of mortgages that government-sponsored enterprises Fannie Mae and Freddie Mac can buy would be increased for one year to $625,500 from the current $417,000.
(Reporting by Donna Smith; Editing by James Dalgleish)
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