Is the government giving out extra money this year for tax refunds?

I heard that the government wants to boost the economy by giving out up to $800 extra on tax returns to single people. Is this possibly true? Could someone explain a little more how this would work?

Well, its not really a bigger tax refund as it is a tax "rebate." Some idiot in the Bush administration thought that this would really help the economy. The problem is all of these so called "subprime" loans and people buying things they can't afford. And with the national debt where it is, (shaking head) who knows how bad its gonna get. But to answer, they are considering passing legislation by March 1. So we'll see. Its $800 for a single tax payer making under $95,000 a year and $1600 for a couple. But that's just the average. I'm not sure if everyone will get the same amount or not.

It's March 9th, where's my money!!! http://answers.yahoo.com/question/accuse_write?qid=20080122124116AAqkffS&kid=JZNpDnr_LDC4wok6rlJi&s=comm&date=2008-03-09+01%3A59%3A36&.crumb=

I guess the plan is to give us an extra $500-$800. We Americans will take this money and immediately run out to stores and take trips and go crazy with the money, thereby putting it back into the economy- surging it temporarily. They figure we won't save it, or put it to good use. If this temporarily boosts the economy, what happens in the long run, I don't quite get it either.

now this is only if it passes

if you filed your taxes this year it will automatically come to you...

example: about 5yrs back they increased the child credit and people started getting checks in the mail because of this..

same thing

if it passes

it will come

I heard the same thing so if it passes we will get it. Does anyone know when it is supposed to pass?

This is true and we should know if it passes around March 1st. The tricky part is, they WANT you to spend this money on shopping sprees, vacations, etc. Not paying of debt or saving it. They're hoping you'll just spend it. This way, the money will go "back into the economy". Aren't we just creating a slippery slope effect? Where exactly is this money coming from?