Economic stimulus payment explained

Economic stimulus payment or economic impact payment may refer to several tax rebates, tax credits, tax deductions and grants from the federal government of the United States:

• Tax rebates as part of the Economic Growth and Tax Relief Reconciliation Act of 2001
• Tax rebates as part of the Economic Stimulus Act of 2008
• First coronavirus stimulus (called "EIP 1" by the IRS), as part of the CARES Act, March 2020
• Second coronavirus stimulus ("EIP 2"), as part of the Consolidated Appropriations Act, Dec. 2021
• Third coronavirus stimulus ("EIP 3"), as part of the American Rescue Plan Act of (March) 2021

See also

• Stimulus (economics)
  • For government spending as stimulus, see fiscal policy
  • For an increase in money designed to speed growth, see monetary policy