Trimming Hopes: Stimulus Package Called 'Too Little, Too Late'

Summary


LONG BEACH - When Tim Johnson and his family receive their $1,800 tax rebate check, the last thing they plan to do is spend it on something they want.

With their job security uncertain, the Long Beach family is planning instead to put the money into a savings account.

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Extract


Trimming Hopes: Stimulus Package Called 'Too Little, Too Late'

"We have to prepare for the worst," the 39-year-old father of two said Monday. "My wife and I are dance teachers and the arts are considered a luxury, so that could be the first to go."

The rebates, which the Internal Revenue...

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