Based on Your Previous Answers, We Have a Few Last Questions
These additional details allow our attorneys to gain a deeper understanding of the specifics of your case
×
Were you able to find answers to your questions?
Get a free consultation with a highly rated lawyer
Get a free consultation
Economic Stimulus Act Of 2008 Definition
A federal law that attempted to avoid or mitigate an economic recession. The Act authorized federal payments of $300 to $1,200 to approximately 130 million American individuals and families. In addition, households received $300 for each qualifying child under the child tax credit. The law also included tax cuts to help the auto industry and to encourage spending by businesses.