H.R. 5172 would amend the Internal Revenue Code of 1986 to provide recovery rebates to certain individuals receiving social security benefits.

== Detailed Summary ==

<summary>
(Log in to editImmediate Financial Assistance for America's Seniors Act of 2008 - Amends the wiki and be the firstInternal Revenue Code to provideallow social security recipients with earned income less than $3,000 a detailed summary$300 refundable tax credit ($600 for married couples filing a joint tax return) in 2008. Reduces the amount of such credit by 5% of the amount by which the bill!)taxpayer's adjusted gross income exceeds $75,000.
</summary>

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== Status of the Legislation ==

<status>
(Log inLatest Major Action: 1/29/2008: Referred to House committee. Status: Referred to edit the wikiHouse Committee on Ways and be the first to update the status of the bill!)Means.
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== Points in Favor ==

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== Points Against ==

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