its an advance on tax refund
http://www.cnn.com/2008/POLITICS/02/08/ ... pstoryview
I just checked and CNN removed this paragraph from the story 8O
At CNNpolitics.com a story about the new money give away … it is not a give away … it is an advance on your tax return next year… so next year they will take the money back and you will be short for that year…
“The checks are an advance on next year's refunds, and most, if not all of the money, will be deducted from taxpayers' refunds in 12 months' time.â€