President Obama and the current administration have quietly come up with a stealth stimulus that is proposed to help senior citizens, who will be hurt by the fact that there will be no boost in social security benefits this coming year for the first time in 30 years. The stealth stimulus, as it now commonly being called by many political observers, would provide senior citizens all with a $250 check. The program would cost an estimated $13 billion.

It hasn’t really hit the mainstream news that much yet, but it does seem as if this stealth stimulus is likely to get passed through the congress and signed by the President. The democrats seem to be on board with the President on this issue, and they do control both the house and senate.

The primary reason this is being called the stealth stimulus is that it seems the administration does not want to have any kind of legislation passed that is actually labeled as a stimulus package, since tax payers are worried about the debt of our country. The bill would provide incentive for seniors, but wouldn’t take on near as much criticism as a full-blown stimulus package likely would.

In the short run it is unlikely that a stealth stimulus that sends money to senior citizens would have much of an effect either way on the economy of the United States. The one problem that President Obama and the rest of congress both need to be very careful of though is the huge deficits that the country is running up. Stimulus packages may be needed and Americans appreciate benefits from those, but more of a long-term look at the fiscal health of the country is going to have to take the front seat very soon or there will be even bigger problems on the horizon!