1. What is the Economic Stimulus Act
... did not owe tax over the amount of the rebate have or will receive a check from the federal government. The rebate checks are distributed to citizens in hopes that they will spend them on goods and services and keep the economy moving. With millions of the checks already distributed, no one is quite sure ... many people were forced to use their checks to catch up on credit or mortgage payments, interest, and penalties. However, additional credits were added to assist in trying to give the housing market a boost. First time home buyers, who have the ability this year to choose from more h...
- Word Count: 443
- Approx Pages: 2
- Has Bibliography
- Grade Level: Undergraduate