Stimulus Package Confusion?

I had to laugh this morning.  If you pulled up Google news this morning and did an easy search for "Stimulus Package" you were served up a great visual.

 

How great is that?

So before you go off the handle let's see what really happened.

First of all let's remember we have two bodies of legislature that create law, the House of Representatives (Congressmen)  and the Senate (Senators).

Here's where the confusion started - Both the Congress and the Senate had their own different versions of the plan that they were working on. 

What happened that confused so many was that the Senate REJECTED their version, APPROVED the House version, and today both sides are getting together to hammer out a couple of fine details.  From there it goes to the President for signing.

You can get a synopsis of everything that goes on in both bodies in the Daily Digest

Now we can all refer to the Stimulus Package in a well defined way,  H.R. 5140

What's in HR 5140 for you?  It contains the Rebate Checks. 

What's in HR 5140  for me?  I'm interested in the increase for Conforming Loan Limits.

Maybe you should be concerned about that as well.