Economic Stimulus Act of 2008

Definition of "Economic Stimulus Act of 2008"
  1. A federal law that provided various forms of financial support, such as payments to individuals, families, and tax cuts to businesses, as a response to mitigate potential economic recession
How to use "Economic Stimulus Act of 2008" in a sentence
  1. The Economic Stimulus Act of 2008 provided much-needed relief during the economic downturn by sending monetary benefits to families.
  2. Under the Economic Stimulus Act of 2008, tax cuts were provided to businesses to encourage spending.
  3. The auto industry received tax cuts as part of the Economic Stimulus Act of 2008 to help stimulate economic growth.

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